1-bed · 1,169 sqftShams 4, Jumeirah Beach Residence · 6th floor · completed 2007

603, Shams 4

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 2M12 November 2024
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Shams 4

What is 603 worth today?

Last sold for AED 2,000,000 in 2024

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12 Nov 2024SoldReady
AED 2,000,000AED 1,710 per sqft
26 Sep 2024SoldReady
AED 1,750,000AED 1,496 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
23 Dec 2021SoldReady
AED 1,400,000AED 1,197 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
30 Sep 2016RentedRenewal
AED 104,709/yr12 months · AED 89 per sqft
28 Sep 2015RentedNew contract
AED 104,420/yr12 months · AED 89 per sqft
29 Sep 2013RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
1,169 sqft
Floor
6th of 41
Parking
B399
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 2M · November 2024
Building
Shams 4

About 603, Shams 4

603 is a one-bedroom apartment of 1,169 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 12 November 2024 for AED 2,000,000, or AED 1,710 per sqft, in line with the AED 1,687 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 19,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,594,969; 2009 AED 2,000,000; 2010 AED 1,290,171; 2011 AED 1,250,000; 2012 AED 700,000; 2013 AED 1,625,000; 2014 AED 1,930,000; 2015 AED 1,497,485; 2016 AED 1,612,500; 2018 AED 1,410,000; 2019 AED 1,300,000; 2020 AED 1,125,000; 2021 AED 1,207,500; 2022 AED 1,475,000; 2023 AED 1,975,000; 2024 AED 2,000,000Sold by developer, May 2008: AED 1,660,452 (AED 1,420 per sqft)Sold, June 2008: AED 2,295,390 (AED 1,963 per sqft)Sold, December 2021: AED 1,400,000 (AED 1,197 per sqft)Sold, September 2024: AED 1,750,000 (AED 1,496 per sqft)Sold, November 2024: AED 2,000,000 (AED 1,710 per sqft)

603 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in Shams 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 87,265; 2013 AED 96,500; 2014 AED 114,500; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 120,000; 2018 AED 103,000; 2019 AED 86,000; 2020 AED 70,000; 2021 AED 71,000; 2022 AED 79,375; 2023 AED 81,730; 2024 AED 106,500; 2025 AED 112,000New contract, July 2012: AED 90,000 a yearNew contract, September 2013: AED 100,000 a yearNew contract, September 2015: AED 104,420 a yearRenewal, September 2016: AED 104,709 a year

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

1-beds in Shams 4, and where 603 sits

All 57 1-beds →

603 last sold in November 2024 at AED 1,710 per sqft, in line with what one-beds in Shams 4 were fetching at the time (AED 1,687). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 110,000 to 160,000 a year. 603's AED 53 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,950,000
14 Jul 20252,100,000
13 Dec 20242,575,000
24 May 20242,100,000
1 1-bed sale 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
6013-bedAED 1.8M · Jan 2019
6023-bedAED 850K · Dec 2012
6041-bedAED 1.3M · Feb 2008
6052-bedAED 2.1M · Dec 2021
6062-bedAED 2.1M · Mar 2024

603, Shams 4 in numbers

  • Sold 5 times: first on 20 May 2008 for AED 1,660,452, last on 12 November 2024 for AED 2,000,000 (AED 1,710 per sqft).
  • Rented since July 2012 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.
  • One-beds in Shams 4 sold for AED 2,950,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,669 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2024.

Questions about 603, Shams 4

What did unit 603 last sell for?

AED 2,000,000 on 12 November 2024: AED 1,710 per sqft for 1,169 sqft. The unit has 5 registered sales; the first was AED 1,660,452 in May 2008.

What is the rent for unit 603?

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 July 2012.

How big is unit 603?

1,169 sqft (108.6 sqm): a one-bedroom apartment on the 6th floor of a 41-storey tower completed in 2007.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 4 sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 1,840 per sqft.

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Mortgage on 603, Shams 4

Starts from the last sale price (AED 2M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →