3-bed · 1,862 sqftShams 4, Jumeirah Beach Residence · 6th floor · completed 2007

601, Shams 4

Sold prices and rental history: sold 4 times, last in January 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 1.8M21 January 2019
Current rentAED 210K /yr26 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Shams 4

What is 601 worth today?

Last sold for AED 1,800,000 in 2019

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26 Mar 2024RentedNew contract
AED 210,000/yr12 months · AED 113 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
25 Jan 2023RentedNew contract
AED 200,000/yr12 months · AED 107 per sqft
21 Jan 2019SoldReady
AED 1,800,000AED 966 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
9 Sep 2015RentedNew contract
AED 50,000/yr24 months · AED 27 per sqft
27 Apr 2013RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.

Key facts

Type
3-bed apartment
Size
1,862 sqft
Floor
6th of 41
Parking
G127/ G128
Developer
Dubai Properties
Completed
2007
Service charge
AED 31,000 /yr
Last sold
AED 1.8M · January 2019
Building
Shams 4

About 601, Shams 4

601 is a three-bedroom apartment of 1,862 sqft on the 6th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 January 2019 for AED 1,800,000, or AED 966 per sqft, in line with the AED 966 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 26 March 2024, is AED 210,000 a year: a gross yield of 11.7% on the 2019 price, before the service charge of about AED 31,000 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in Shams 4
1.5M2M2.5M20082012201620202024Typical 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, April 2008: AED 1,773,038 (AED 952 per sqft)Sold, March 2010: AED 1,489,680 (AED 800 per sqft)Sold, April 2011: AED 1,700,000 (AED 912 per sqft)Sold, January 2019: AED 1,800,000 (AED 966 per sqft)

601 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 601, each contractTypical three-bed in Shams 4
100K200K2012201620202024Typical 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 2013: AED 100,000 a yearNew contract, September 2015: AED 50,000 a yearNew contract, January 2023: AED 200,000 a yearNew contract, March 2024: AED 210,000 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 601 sits

All 36 3-beds →

601 last sold in January 2019 at AED 966 per sqft, in line with what three-beds in Shams 4 were fetching at the time (AED 966). 601's AED 210,000 is at the top 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 6th floor

All 224 units in Shams 4
Value
6023-bedAED 850K · Dec 2012
6031-bedAED 2M · Nov 2024
6041-bedAED 1.3M · Feb 2008
6052-bedAED 2.1M · Dec 2021
6062-bedAED 2.1M · Mar 2024

601, Shams 4 in numbers

  • Sold 4 times: first on 17 April 2008 for AED 1,773,038, last on 21 January 2019 for AED 1,800,000 (AED 966 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 11 in 2018 and recovered to AED 210,000 by March 2024.
  • At AED 210,000 a year the gross yield on the 2019 price is 11.7%, before a service charge of about AED 31,000 a year (AED 16.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.

Questions about 601, Shams 4

What did unit 601 last sell for?

AED 1,800,000 on 21 January 2019: AED 966 per sqft for 1,862 sqft. The unit has 4 registered sales; the first was AED 1,773,038 in April 2008.

What is the rent for unit 601?

AED 210,000 a year on the contract signed on 26 March 2024. The previous contract, from September 2023, was AED 53; the unit has been rented since April 2013.

How big is unit 601?

1,862 sqft (173.0 sqm): a three-bedroom apartment on the 6th floor of a 41-storey tower completed in 2007.

What is unit 601 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 601, Shams 4

Starts from the last sale price (AED 1.8M, 21 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →