Building · Transactions · 2023

Shams 4 Property Transactions 2023

17 property sales worth AED 39.52M were registered in Shams 4 in 2023, 19.0% lower than 2022 by number of sales. The median sale price was AED 2,100,000 and the median price per square foot AED 1,421 (+14.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 17 salesUpdated: 20 Oct 2026
Property sales
17
−19.0% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 39.52M
−4.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 2,100,000
+15.4% vs 2022
17 sales
Median price per sq ft
AED 1,421
+14.1% vs 2022
17 sales

What types of property sold in Shams 4 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%AED 39.52MAED 2,100,000AED 1,421

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)17100%AED 39.52MAED 2,100,000AED 1,421
Ready17100%AED 39.52MAED 2,100,000AED 1,421

How many rental contracts were registered in Shams 4 in 2023?

95 rental contracts (new and renewed) were registered in Shams 4 in 2023, at a median annual rent of AED 120,000 (+18.0% on 2022). Rental yields in Shams 4

What were the most expensive property sales in Shams 4 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/12/2023Shams 44 beds · Apartment3,414 sq ftAED 4,850,000Resale · Ready
31/01/2023Shams 44 beds · Apartment3,414 sq ftAED 3,415,000Resale · Ready
29/05/2023Shams 43 beds · Apartment1,902 sq ftAED 2,750,000Resale · Ready
16/10/2023Shams 43 beds · Apartment1,862 sq ftAED 2,450,000Resale · Ready
12/05/2023Shams 41 bed · Apartment1,171 sq ftAED 2,400,000Resale · Ready
02/03/2023Shams 42 beds · Apartment1,188 sq ftAED 2,375,000Resale · Ready
09/05/2023Shams 41 bed · Apartment1,171 sq ftAED 2,350,000Resale · Ready
23/11/2023Shams 43 beds · Apartment1,854 sq ftAED 2,250,000Resale · Ready
05/12/2023Shams 42 beds · Apartment1,563 sq ftAED 2,100,000Resale · Ready
03/02/2023Shams 42 beds · Apartment1,305 sq ftAED 2,070,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
11/12/2023Shams 42 beds · Apartment1,305 sq ftAED 2,000,000Resale · Ready
05/12/2023Shams 44 beds · Apartment3,414 sq ftAED 4,850,000Resale · Ready
05/12/2023Shams 42 beds · Apartment1,305 sq ftAED 2,050,000Resale · Ready
05/12/2023Shams 42 beds · Apartment1,563 sq ftAED 2,100,000Resale · Ready
23/11/2023Shams 43 beds · Apartment1,854 sq ftAED 2,250,000Resale · Ready
16/10/2023Shams 43 beds · Apartment1,862 sq ftAED 2,450,000Resale · Ready
25/09/2023Shams 41 bed · Apartment1,171 sq ftAED 1,600,000Resale · Ready
24/07/2023Shams 42 beds · Apartment1,262 sq ftAED 1,961,612Resale · Ready
29/05/2023Shams 43 beds · Apartment1,902 sq ftAED 2,750,000Resale · Ready
12/05/2023Shams 41 bed · Apartment1,171 sq ftAED 2,400,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/shams-4/2023
Shams 4 Property Transactions 2023. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/shams-4/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Shams 4 in 2023?
17 property sales worth AED 39,521,612 were registered in Shams 4 in 2023. That is 19.0% lower than 2022.
What was the median property price in Shams 4 in 2023?
The median sale price was AED 2,100,000 and the median price per square foot AED 1,421 (1 Jan – 31 Dec 2023).

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/shams-4/2023