3-bed · 1,838 sqftAmwaj 4, Jumeirah Beach Residence · 3rd floor · completed 2007

302, Amwaj 4

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 1.47M21 June 2015
Current rentAED 160K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Amwaj 4

What is 302 worth today?

Last sold for AED 1,470,400 in 2015

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1 Oct 2023RentedNew contract
AED 160,000/yr12 months · AED 87 per sqft
10 Sep 2022RentedRenewal
AED 104,652/yr9 months · AED 57 per sqft
10 Sep 2021RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
10 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
1 Sep 2018RentedRenewal
AED 136,000/yr12 months · AED 74 per sqft
1 Sep 2017RentedNew contract
AED 136,000/yr12 months · AED 74 per sqft
21 Jun 2015Sold by developerReady
AED 1,470,400AED 799 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2023.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
3rd of 42
Parking
M105/106
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 1.47M · June 2015
Building
Amwaj 4

About 302, Amwaj 4

302 is a three-bedroom apartment of 1,838 sqft on the 3rd floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 June 2015 for AED 1,470,400, or AED 799 per sqft, 26% below the AED 1,080 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 October 2023, is AED 160,000 a year: a gross yield of 10.9% on the 2015 price, before the service charge of about AED 30,000 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Amwaj 4
1M2M2007201220172022Typical sale price by year: 2007 AED 1,105,000; 2008 AED 1,468,750; 2009 AED 1,500,000; 2010 AED 1,738,070; 2012 AED 1,065,000; 2013 AED 2,025,000; 2014 AED 1,470,000; 2015 AED 2,300,000; 2017 AED 2,400,000; 2019 AED 1,530,000; 2020 AED 1,260,000; 2021 AED 1,590,000; 2022 AED 2,220,000; 2024 AED 2,412,500; 2025 AED 2,650,000Sold by developer, June 2015: AED 1,470,400 (AED 799 per sqft)

302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 302, each contractTypical three-bed in Amwaj 4
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 135,000; 2014 AED 147,500; 2015 AED 159,558; 2016 AED 160,385; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 140,000; 2024 AED 145,000; 2025 AED 151,000New contract, September 2017: AED 136,000 a yearRenewal, September 2018: AED 136,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 100,000 a yearRenewal, September 2022: AED 104,652 a yearNew contract, October 2023: AED 160,000 a year

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 302 sits

All 61 3-beds →

302 last sold in June 2015 at AED 799 per sqft, 26% below what three-beds in Amwaj 4 were fetching at the time (AED 1,080). 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. 302's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Dec 20252,700,000
30 Jul 20252,750,000
20 May 20252,750,000
30 Apr 20252,600,000
1 3-bed sale 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 3rd floor

All 296 units in Amwaj 4
Value
3013-bedAED 2.07M · Jan 2024
3031-bedAED 1.8M · Sep 2024
3041-bedAED 1.1M · Dec 2021
3051-bedAED 1.23M · Feb 2011
3061-bedAED 1.6M · May 2014
3073-bedAED 2.35M · Mar 2017
3083-bedAED 1.11M · Aug 2008

302, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 21 June 2015 for AED 1,470,400, or AED 799 per sqft.
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 136,000 to AED 100,000 in 2021 and recovered to AED 160,000 by October 2023.
  • At AED 160,000 a year the gross yield on the 2015 price is 10.9%, 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 October 2023.

Questions about 302, Amwaj 4

What did unit 302 last sell for?

AED 1,470,400 on 21 June 2015, sold by the developer: AED 799 per sqft for 1,838 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 160,000 a year on the contract signed on 1 October 2023. The previous contract, from September 2022, was AED 104,652; the unit has been rented since September 2017.

How big is unit 302?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2007.

What is unit 302 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 302, Amwaj 4

Starts from the last sale price (AED 1.47M, 21 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,400
Deposit, UAE resident (20%)
AED 294,080
Deposit, non-resident (40%)
AED 588,160
Monthly over 25 years at 3.7%
AED 6,016

Plus AED 66,767 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →