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4-bed · 3,140 sqftShams 4, Jumeirah Beach Residence · completed 2007

UP02, Shams 4

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP02 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 3.33M11 July 2024
Current rentAED 245K /yr26 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP02, Shams 4

What is UP02 worth today?

Last sold for AED 3,325,000 in 2024

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11 Jul 2024SoldReady
AED 3,325,000AED 1,059 per sqft
26 Dec 2022RentedNew contract
AED 245,000/yr12 months · AED 78 per sqft
1 Sep 2021RentedNew contract
AED 199,000/yr12 months · AED 63 per sqft
21 Jan 2021RentedNew contract
AED 150,000/yr12 months · AED 48 per sqft
1 Nov 2018RentedNew contract
AED 210,000/yr12 months · AED 67 per sqft
1 Jun 2018RentedRenewal
AED 210,000/yr12 months · AED 67 per sqft
1 Jun 2017RentedNew contract
AED 220,000/yr12 months · AED 70 per sqft
27 Apr 2014SoldReady
AED 3,300,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
4-bed apartment
Size
3,140 sqft
Parking
G307/ G308
Developer
Dubai Properties
Completed
2007
Service charge
AED 52,300 /yr
Last sold
AED 3.33M · July 2024
Building
Shams 4

About UP02, Shams 4

UP02 is a four-bedroom apartment of 3,140 sqft of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 July 2024 for AED 3,325,000, or AED 1,059 per sqft, 32% below the AED 1,566 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 26 December 2022, is AED 245,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 52,300 a year.

Sales and rents for UP02 over time

Sales
Unit UP02, each saleTypical four-bed in Shams 4
2M4M6M2008201320182023Typical sale price by year: 2008 AED 4,300,000; 2009 AED 5,824,822; 2010 AED 2,957,360; 2012 AED 4,937,500; 2013 AED 4,200,000; 2014 AED 5,098,500; 2016 AED 2,666,666; 2024 AED 6,159,410Sold by developer, May 2008: AED 2,948,400 (AED 939 per sqft)Sold, March 2010: AED 1,904,462 (AED 606 per sqft)Sold, April 2014: AED 3,300,000 (AED 1,051 per sqft)Sold, July 2024: AED 3,325,000 (AED 1,059 per sqft)

UP02 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit UP02, each contractTypical four-bed in Shams 4
200K300K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 268,750; 2016 AED 257,500; 2017 AED 229,000; 2018 AED 220,000; 2019 AED 190,000; 2021 AED 171,250; 2022 AED 250,000; 2023 AED 330,000; 2025 AED 352,000New contract, October 2012: AED 145,000 a yearNew contract, June 2017: AED 220,000 a yearRenewal, June 2018: AED 210,000 a yearNew contract, November 2018: AED 210,000 a yearNew contract, January 2021: AED 150,000 a yearNew contract, September 2021: AED 199,000 a yearNew contract, December 2022: AED 245,000 a year

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

4-beds in Shams 4, and where UP02 sits

All 22 4-beds →

UP02 last sold in July 2024 at AED 1,059 per sqft, 32% below what four-beds in Shams 4 were fetching at the time (AED 1,566). Over the last 12 months four-beds sold for AED 5,250,000 to 5,700,000, around AED 1,603 per sqft, and rent for AED 352,000 to 352,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
6 Feb 20265,700,000
1 May 20258,000,000
21 Mar 202511,000,000
21 Jun 20245,683,819
2 4-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 →

UP02, Shams 4 in numbers

  • Sold 4 times: first on 28 May 2008 for AED 2,948,400, last on 11 July 2024 for AED 3,325,000 (AED 1,059 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 145,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 52,300 a year (AED 16.65 per sqft).
  • Four-beds in Shams 4 sold for AED 5,250,000–5,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,669 per sqft.

Source: Dubai Land Department. Updated 11 July 2024.

Questions about UP02, Shams 4

What did unit UP02 last sell for?

AED 3,325,000 on 11 July 2024: AED 1,059 per sqft for 3,140 sqft. The unit has 4 registered sales; the first was AED 2,948,400 in May 2008.

What is the rent for unit UP02?

AED 245,000 a year on the contract signed on 26 December 2022. The previous contract, from September 2021, was AED 199,000; the unit has been rented since October 2012.

How big is unit UP02?

3,140 sqft (291.7 sqm): a four-bedroom apartment of a 41-storey tower completed in 2007.

What is unit UP02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Shams 4 sold for AED 5,250,000 to 5,700,000 in the last 12 months, around AED 1,603 per sqft.

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Mortgage on UP02, Shams 4

Starts from the last sale price (AED 3.33M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,325,000
Deposit, UAE resident (20%)
AED 665,000
Deposit, non-resident (40%)
AED 1,330,000
Monthly over 25 years at 3.7%
AED 13,604

Plus AED 144,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →