1-bed · 1,170 sqftAmwaj 4, Jumeirah Beach Residence · 3rd floor · completed 2007

303, Amwaj 4

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.8M19 September 2024
Current rentAED 80K /yr22 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Amwaj 4

What is 303 worth today?

Last sold for AED 1,800,000 in 2024

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19 Sep 2024SoldReady
AED 1,800,000AED 1,538 per sqft
15 Apr 2021SoldReady
AED 1,000,000AED 854 per sqft
22 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
25 Sep 2017RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
25 Sep 2016RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
1 Aug 2015RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
13 Feb 2013SoldReady
AED 1,280,000AED 1,094 per sqft
3 Jul 2008SoldReady
AED 1,815,000AED 1,551 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
3rd of 42
Parking
B193
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.8M · September 2024
Building
Amwaj 4

About 303, Amwaj 4

303 is a one-bedroom apartment of 1,170 sqft on the 3rd floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 September 2024 for AED 1,800,000, or AED 1,538 per sqft, in line with the AED 1,560 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 22 February 2019, is AED 80,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 19,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Amwaj 4
1M1.5M2007201220172022Typical sale price by year: 2007 AED 1,200,000; 2008 AED 1,200,000; 2009 AED 1,165,000; 2011 AED 1,165,000; 2012 AED 1,135,000; 2013 AED 1,380,000; 2014 AED 1,432,500; 2015 AED 1,197,500; 2016 AED 1,315,000; 2021 AED 1,005,000; 2023 AED 1,500,000; 2024 AED 1,812,500Sold by developer, February 2008: AED 1,165,000 (AED 995 per sqft)Sold, July 2008: AED 1,815,000 (AED 1,551 per sqft)Sold, February 2013: AED 1,280,000 (AED 1,094 per sqft)Sold, April 2021: AED 1,000,000 (AED 854 per sqft)Sold, September 2024: AED 1,800,000 (AED 1,538 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Amwaj 4
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 107,500; 2015 AED 107,500; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 78,000; 2020 AED 68,500; 2021 AED 63,000; 2022 AED 76,000; 2023 AED 84,000; 2024 AED 87,475; 2025 AED 92,000New contract, August 2015: AED 100,000 a yearNew contract, September 2016: AED 90,000 a yearRenewal, September 2017: AED 85,000 a yearNew contract, February 2019: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Amwaj 4, and where 303 sits

All 55 1-beds →

303 last sold in September 2024 at AED 1,538 per sqft, in line with what one-beds in Amwaj 4 were fetching at the time (AED 1,560). Over the last 12 months one-beds sold for AED 1,650,000 to 1,660,000, around AED 1,415 per sqft, and rent for AED 89,620 to 165,000 a year. 303's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,660,000
7 Jan 20261,650,000
26 Jun 20251,020,000
7 Feb 20251,825,000
2 1-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 3rd floor

All 296 units in Amwaj 4
Value
3013-bedAED 2.07M · Jan 2024
3023-bedAED 1.47M · Jun 2015
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

303, Amwaj 4 in numbers

  • Sold 5 times: first on 5 February 2008 for AED 1,165,000, last on 19 September 2024 for AED 1,800,000 (AED 1,538 per sqft).
  • Rented since August 2015 on 4 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 19,100 a year (AED 16.30 per sqft).
  • One-beds in Amwaj 4 sold for AED 1,650,000–1,660,000 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 19 September 2024.

Questions about 303, Amwaj 4

What did unit 303 last sell for?

AED 1,800,000 on 19 September 2024: AED 1,538 per sqft for 1,170 sqft. The unit has 5 registered sales; the first was AED 1,165,000 in February 2008.

What is the rent for unit 303?

AED 80,000 a year on the contract signed on 22 February 2019. The previous contract, from September 2017, was AED 85,000; the unit has been rented since August 2015.

How big is unit 303?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2007.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Amwaj 4 sold for AED 1,650,000 to 1,660,000 in the last 12 months, around AED 1,415 per sqft.

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Mortgage on 303, Amwaj 4

Starts from the last sale price (AED 1.8M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →