1508, Amwaj 4
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Amwaj 4
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 15th of 42
- Parking
- G66/67
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,000 /yr
- Last sold
- AED 699K · August 2008
- Building
- Amwaj 4
About 1508, Amwaj 4
1508 is a three-bedroom apartment of 1,838 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 17 August 2008 for AED 699,000, or AED 380 per sqft, 37% below the AED 601 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 157,500 a year: a gross yield of 22.5% on the 2008 price, before the service charge of about AED 30,000 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Amwaj 4, and where 1508 sits
All 61 3-beds →1508 last sold in August 2008 at AED 380 per sqft, 37% below what three-beds in Amwaj 4 were fetching at the time (AED 601). Over the last 12 months three-beds sold for AED 2,700,000, around AED 1,468 per sqft, and rent for AED 155,000 to 190,000 a year. 1508's AED 157,500 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202526 December 2025 | 1,838 sqft | 2,700,000 | 1,468 | ||
| 30 Jul 202530 July 2025 | 1,838 sqft | 2,750,000 | 1,496 | ||
| 20 May 202520 May 2025 | 1,838 sqft | 2,750,000 | 1,496 | ||
| 30 Apr 202530 April 2025 | 1,838 sqft | 2,600,000 | 1,414 |
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 | |
| 1506 | 2-bed | 1,342 sqft | AED 2.54MAED 2,536,000 · Dec 2008December 2008 | 120,000 /yr | |
| 1507 | 3-bed | 1,838 sqft | AED 1.5MAED 1,500,000 · Apr 2009April 2009 |
1508, Amwaj 4 in numbers
- Sold once: by Dubai Properties on 17 August 2008 for AED 699,000, or AED 380 per sqft.
- Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2021 and recovered to AED 157,500 by June 2025.
- At AED 157,500 a year the gross yield on the 2008 price is 22.5%, before a service charge of about AED 30,000 a year (AED 16.30 per sqft).
- Three-beds in Amwaj 4 sold for AED 2,700,000–2,700,000 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 1 June 2025.
Questions about 1508, Amwaj 4
What did unit 1508 last sell for?
AED 699,000 on 17 August 2008, sold by the developer: AED 380 per sqft for 1,838 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 157,500 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 157,500; the unit has been rented since September 2014.
How big is unit 1508?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 15th floor of a 42-storey tower completed in 2007.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Amwaj 4 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 1,468 per sqft.
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Mortgage on 1508, Amwaj 4
Starts from the last sale price (AED 699K, 17 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →