2-bed · 1,277 sqftAmwaj 4, Jumeirah Beach Residence · 35th floor · completed 2007

3502, Amwaj 4

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3502 · DLD and Ejari recordsUpdated 23 November 2022
Last soldAED 750K21 January 2013
Current rentAED 125K /yr23 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, Amwaj 4

What is 3502 worth today?

Last sold for AED 750,000 in 2013

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23 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 98 per sqft
23 Nov 2021RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
1 Mar 2021RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
25 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
25 Aug 2018RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
16 Mar 2017RentedRenewal
AED 120,000/yr4 months · AED 94 per sqft
16 Mar 2016RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
5 Jan 2015RentedRenewal
AED 142,500/yr12 months · AED 111 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2022.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
35th of 42
Parking
M21
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 750K · January 2013
Building
Amwaj 4

About 3502, Amwaj 4

3502 is a two-bedroom apartment of 1,277 sqft on the 35th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 January 2013 for AED 750,000, or AED 587 per sqft, 42% below the AED 1,005 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 23 November 2022, is AED 125,000 a year: a gross yield of 16.7% on the 2013 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3502 over time

Sales
Unit 3502, 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, January 2013: AED 750,000 (AED 587 per sqft)

3502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3502, 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, January 2014: AED 125,000 a yearRenewal, January 2015: AED 142,500 a yearNew contract, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearRenewal, August 2018: AED 105,000 a yearRenewal, August 2019: AED 90,000 a yearNew contract, March 2021: AED 70,000 a yearNew contract, November 2021: AED 115,000 a yearRenewal, November 2022: AED 125,000 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 3502 sits

All 160 2-beds →

3502 last sold in January 2013 at AED 587 per sqft, 42% below what two-beds in Amwaj 4 were fetching at the time (AED 1,005). 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. 3502's AED 125,000 is in the upper 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 35th floor

All 296 units in Amwaj 4
Value
35012-bedAED 2.1M · Mar 2024
35032-bedAED 599K · Jan 2013
3504AED 2.6M · Oct 2025
35052-bedAED 1.1M · Jan 2010
35062-bedAED 1.68M · Nov 2018
35072-bedAED 2.1M · Apr 2024
35082-bedAED 599K · Nov 2007

3502, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 21 January 2013 for AED 750,000, or AED 587 per sqft.
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 125,000 by November 2022.
  • At AED 125,000 a year the gross yield on the 2013 price is 16.7%, 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 23 November 2022.

Questions about 3502, Amwaj 4

What did unit 3502 last sell for?

AED 750,000 on 21 January 2013, sold by the developer: AED 587 per sqft for 1,277 sqft. It is the only registered sale of the unit.

What is the rent for unit 3502?

AED 125,000 a year on the contract renewed on 23 November 2022. The previous contract, from November 2021, was AED 115,000; the unit has been rented since January 2014.

How big is unit 3502?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 35th floor of a 42-storey tower completed in 2007.

What is unit 3502 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 3502, Amwaj 4

Starts from the last sale price (AED 750K, 21 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →