1506, Amwaj 4
Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Amwaj 4
What is 1506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,342 sqft
- Floor
- 15th of 42
- Parking
- B36
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,900 /yr
- Last sold
- AED 2.54M · December 2008
- Building
- Amwaj 4
About 1506, Amwaj 4
1506 is a two-bedroom apartment of 1,342 sqft on the 15th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 14 December 2008 for AED 2,536,000, or AED 1,890 per sqft, 159% above the AED 731 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 27 April 2025, is AED 120,000 a year: a gross yield of 4.7% on the 2008 price, before the service charge of about AED 21,900 a year.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Amwaj 4, and where 1506 sits
All 160 2-beds →1506 last sold in December 2008 at AED 1,890 per sqft, 159% above what two-beds in Amwaj 4 were fetching at the time (AED 731). Over the last 12 months two-beds sold for AED 2,025,000 to 3,800,000, around AED 1,592 per sqft, and rent for AED 50,000 to 170,000 a year. 1506's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,382 sqft | 2,200,000 | 1,592 | ||
| 14 Jan 202614 January 2026 | 1,382 sqft | 2,025,000 | 1,465 | ||
| 24 Dec 202524 December 2025 | 1,382 sqft | 2,100,000 | 1,520 | ||
| 17 Jul 202517 July 2025 | 1,342 sqft | 2,125,000 | 1,583 |
Amwaj 4
Building296 apartments, 1-bed to 4-bed over 42 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,468 Down 6.8%
- Typical sale
- AED 2.2M
- Typical rent
- AED 136K /yr
- Typical yield
- 6.9%
Other units on the 15th floor
All 296 units in Amwaj 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,838 sqft | AED 800KAED 800,000 · Apr 2019April 2019 | 168,399 /yr | |
| 1502 | 3-bed | 1,838 sqft | AED 1.55MAED 1,550,000 · Mar 2019March 2019 | 10,000 /yr | |
| 1503 | 2-bed | 1,342 sqft | AED 650KAED 650,000 · May 2019May 2019 | 128,000 /yr | |
| 1504 | 2-bed | 1,342 sqft | AED 805KAED 805,000 · Sep 2008September 2008 | 135,000 /yr | |
| 1505 | 2-bed | 1,342 sqft | AED 2.01MAED 2,012,000 · Nov 2012November 2012 | 118,800 /yr | |
| 1507 | 3-bed | 1,838 sqft | AED 1.5MAED 1,500,000 · Apr 2009April 2009 | ||
| 1508 | 3-bed | 1,838 sqft | AED 699KAED 699,000 · Aug 2008August 2008 | 157,500 /yr |
1506, Amwaj 4 in numbers
- Sold once: by Dubai Properties on 14 December 2008 for AED 2,536,000, or AED 1,890 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2021 and recovered to AED 120,000 by April 2025.
- At AED 120,000 a year the gross yield on the 2008 price is 4.7%, before a service charge of about AED 21,900 a year (AED 16.30 per sqft).
- Two-beds in Amwaj 4 sold for AED 2,025,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,468 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 April 2025.
Questions about 1506, Amwaj 4
What did unit 1506 last sell for?
AED 2,536,000 on 14 December 2008, sold by the developer: AED 1,890 per sqft for 1,342 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 120,000 a year on the contract renewed on 27 April 2025. The previous contract, from April 2024, was AED 120,000; the unit has been rented since September 2013.
How big is unit 1506?
1,342 sqft (124.7 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2007.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Amwaj 4 sold for AED 2,025,000 to 3,800,000 in the last 12 months, around AED 1,592 per sqft.
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Mortgage on 1506, Amwaj 4
Starts from the last sale price (AED 2.54M, 14 December 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,536,000
- Deposit, UAE resident (20%)
- AED 507,200
- Deposit, non-resident (40%)
- AED 1,014,400
- Monthly over 25 years at 3.7%
- AED 10,376
Plus AED 111,522 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →