2-bed · 1,277 sqftAmwaj 4, Jumeirah Beach Residence · 30th floor · completed 2007

3007, Amwaj 4

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3007 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 2.05M25 May 2023
Current rentAED 88K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3007, Amwaj 4

What is 3007 worth today?

Last sold for AED 2,050,000 in 2023

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25 May 2023SoldReady
AED 2,050,000AED 1,605 per sqft
18 Apr 2023SoldReady
AED 1,650,000AED 1,292 per sqft
1 Apr 2022RentedRenewal
AED 88,000/yr12 months · AED 69 per sqft
1 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
28 Mar 2020RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
12 Jul 2017RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
12 Jul 2015RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
12 Jul 2014RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2023.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
30th of 42
Parking
M3
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 2.05M · May 2023
Building
Amwaj 4

About 3007, Amwaj 4

3007 is a two-bedroom apartment of 1,277 sqft on the 30th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 May 2023 for AED 2,050,000, or AED 1,605 per sqft, 31% above the AED 1,228 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 88,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3007 over time

Sales
Unit 3007, each saleTypical two-bed in Amwaj 4
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 1,002,500; 2009 AED 1,166,666; 2010 AED 1,050,000; 2011 AED 1,150,000; 2012 AED 1,370,000; 2013 AED 1,700,000; 2014 AED 2,000,000; 2015 AED 1,950,000; 2016 AED 1,610,000; 2017 AED 1,795,000; 2018 AED 1,675,000; 2019 AED 915,000; 2020 AED 1,185,000; 2021 AED 1,365,000; 2022 AED 1,688,000; 2023 AED 1,750,000; 2024 AED 2,150,000; 2025 AED 2,350,000Sold by developer, September 2007: AED 599,000 (AED 469 per sqft)Sold, October 2007: AED 1,300,000 (AED 1,018 per sqft)Sold, June 2008: AED 1,900,000 (AED 1,488 per sqft)Sold, April 2023: AED 1,650,000 (AED 1,292 per sqft)Sold, May 2023: AED 2,050,000 (AED 1,605 per sqft)

3007 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3007, each contractTypical two-bed in Amwaj 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 126,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 81,250; 2021 AED 80,000; 2022 AED 93,500; 2023 AED 106,000; 2024 AED 120,000; 2025 AED 128,000; 2026 AED 152,500New contract, July 2013: AED 109,705 a yearNew contract, July 2014: AED 135,000 a yearRenewal, July 2015: AED 135,000 a yearRenewal, July 2017: AED 120,000 a yearRenewal, March 2020: AED 95,000 a yearNew contract, April 2021: AED 80,000 a yearRenewal, April 2022: AED 88,000 a year

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 3007 sits

All 160 2-beds →

3007 last sold in May 2023 at AED 1,605 per sqft, 31% above what two-beds in Amwaj 4 were fetching at the time (AED 1,228). 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. 3007's AED 88,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20262,200,000
14 Jan 20262,025,000
24 Dec 20252,100,000
17 Jul 20252,125,000
5 2-bed sales in the last 12 months

Amwaj 4

Building

296 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%
Amwaj 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 30th floor

All 296 units in Amwaj 4
Value
30012-bedAED 599K · Apr 2008
30022-bedAED 2.04M · Dec 2024
30032-bedAED 599K · Nov 2009
30042-bedAED 1.43M · Sep 2020
30052-bedAED 2M · Aug 2023
30062-bedAED 500K · Feb 2011
30082-bedAED 1.35M · Apr 2010

3007, Amwaj 4 in numbers

  • Sold 5 times: first on 12 September 2007 for AED 599,000, last on 25 May 2023 for AED 2,050,000 (AED 1,605 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 109,705 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 20,800 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 25 May 2023.

Questions about 3007, Amwaj 4

What did unit 3007 last sell for?

AED 2,050,000 on 25 May 2023: AED 1,605 per sqft for 1,277 sqft. The unit has 5 registered sales; the first was AED 599,000 in September 2007.

What is the rent for unit 3007?

AED 88,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 80,000; the unit has been rented since July 2013.

How big is unit 3007?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 30th floor of a 42-storey tower completed in 2007.

What is unit 3007 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 3007, Amwaj 4

Starts from the last sale price (AED 2.05M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →