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3-bed · 1,862 sqftShams 4, Jumeirah Beach Residence · 5th floor · completed 2007

501, Shams 4

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 2.45M16 October 2023
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shams 4

What is 501 worth today?

Last sold for AED 2,450,000 in 2023

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16 Oct 2023SoldReady
AED 2,450,000AED 1,315 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
17 Nov 2021SoldReady
AED 1,940,000AED 1,041 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 73 per sqft
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
30 Apr 2017RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft
20 Apr 2016RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2023.

Key facts

Type
3-bed apartment
Size
1,862 sqft
Floor
5th of 41
Parking
G129/ G130
Developer
Dubai Properties
Completed
2007
Service charge
AED 31,000 /yr
Last sold
AED 2.45M · October 2023
Building
Shams 4

About 501, Shams 4

501 is a three-bedroom apartment of 1,862 sqft on the 5th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 October 2023 for AED 2,450,000, or AED 1,315 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 31,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Shams 4
1.5M2M2.5M2008201320182023Typical sale price by year: 2008 AED 2,237,500; 2009 AED 2,097,200; 2010 AED 1,489,680; 2011 AED 1,750,000; 2012 AED 1,962,500; 2013 AED 2,489,430; 2014 AED 2,575,000; 2015 AED 2,375,000; 2017 AED 2,100,000; 2021 AED 1,856,362; 2022 AED 2,150,000; 2023 AED 2,450,000Sold by developer, March 2013: AED 2,428,860 (AED 1,304 per sqft)Sold, November 2021: AED 1,940,000 (AED 1,041 per sqft)Sold, October 2023: AED 2,450,000 (AED 1,315 per sqft)

501 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 501, each contractTypical three-bed in Shams 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 148,500; 2015 AED 169,400; 2016 AED 165,000; 2017 AED 165,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 114,000; 2023 AED 165,000; 2024 AED 177,500; 2025 AED 195,000; 2026 AED 185,875New contract, April 2016: AED 170,000 a yearNew contract, April 2017: AED 170,000 a yearNew contract, July 2018: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shams 4, and where 501 sits

All 36 3-beds →

501's AED 53 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20253,060,000
27 May 20252,900,000
11 Jul 20242,569,000
9 Jul 20242,522,000
0 3-bed sales in the last 12 months

Shams 4

Building

224 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,669
Typical sale
AED 2.95M
Typical rent
AED 135K /yr
Typical yield
6.0%
Shams 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 5th floor

All 224 units in Shams 4
Value
5023-bedAED 2.35M · Sep 2013
5031-bedAED 1.05M · Jan 2020
5041-bedAED 1.24M · Mar 2013
5053-bedAED 1.4M · Dec 2020
5063-bedAED 1.7M · Sep 2012
5074-bedAED 2.67M · Sep 2016

501, Shams 4 in numbers

  • Sold 3 times: first on 7 March 2013 for AED 2,428,860, last on 16 October 2023 for AED 2,450,000 (AED 1,315 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2023.

Questions about 501, Shams 4

What did unit 501 last sell for?

AED 2,450,000 on 16 October 2023: AED 1,315 per sqft for 1,862 sqft. The unit has 3 registered sales; the first was AED 2,428,860 in March 2013.

What is the rent for unit 501?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from September 2018, was AED 11; the unit has been rented since April 2016.

How big is unit 501?

1,862 sqft (173.0 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, Shams 4

Starts from the last sale price (AED 2.45M, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →