2-bed · 1,382 sqftAmwaj 4, Jumeirah Beach Residence · 36th floor · completed 2007

3603, Amwaj 4

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 2.85M10 May 2024
Current rentAED 137K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3603, Amwaj 4

What is 3603 worth today?

Last sold for AED 2,850,000 in 2024

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10 May 2024SoldReady
AED 2,850,000AED 2,062 per sqft
15 Jul 2023RentedRenewal
AED 137,310/yr11 months · AED 100 per sqft
15 Jul 2022RentedNew contract
AED 138,000/yr12 months · AED 100 per sqft
24 Feb 2022SoldReady
AED 2,100,000AED 1,520 per sqft
15 Jan 2020RentedRenewal
AED 100,000/yr13 months · AED 73 per sqft
15 Jan 2019RentedRenewal
AED 118,750/yr12 months · AED 86 per sqft
15 Jan 2018RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
10 Jan 2017RentedRenewal
AED 149,000/yr12 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
36th of 42
Parking
M27
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 2.85M · May 2024
Building
Amwaj 4

About 3603, Amwaj 4

3603 is a two-bedroom apartment of 1,382 sqft on the 36th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 May 2024 for AED 2,850,000, or AED 2,062 per sqft, 42% above the AED 1,456 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 137,310 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, each saleTypical two-bed in Amwaj 4
2M2007201220172022Typical 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, December 2007: AED 2,450,000 (AED 1,773 per sqft)Sold by developer, December 2007: AED 599,000 (AED 433 per sqft)Sold, November 2014: AED 2,901,360 (AED 2,100 per sqft)Sold, February 2022: AED 2,100,000 (AED 1,520 per sqft)Sold, May 2024: AED 2,850,000 (AED 2,062 per sqft)

3603 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3603, 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, October 2012: AED 155,000 a yearNew contract, January 2016: AED 149,000 a yearRenewal, January 2017: AED 149,000 a yearNew contract, January 2018: AED 125,000 a yearRenewal, January 2019: AED 118,750 a yearRenewal, January 2020: AED 100,000 a yearNew contract, July 2022: AED 138,000 a yearRenewal, July 2023: AED 137,310 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 3603 sits

All 160 2-beds →

3603 last sold in May 2024 at AED 2,062 per sqft, 42% above what two-beds in Amwaj 4 were fetching at the time (AED 1,456). 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. 3603's AED 137,310 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 36th floor

All 296 units in Amwaj 4
Value
36012-bedAED 2.1M · Jun 2024
36022-bedAED 1.75M · Nov 2023
36042-bedAED 3.7M · Aug 2022
36052-bedAED 1.73M · Feb 2013
36062-bedAED 1.23M · Nov 2020
36072-bedAED 599K · Sep 2010
36082-bedAED 599K · Nov 2007

3603, Amwaj 4 in numbers

  • Sold 5 times: first on 5 December 2007 for AED 599,000, last on 10 May 2024 for AED 2,850,000 (AED 2,062 per sqft).
  • Rented since October 2012 on 8 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2020 and recovered to AED 137,310 by July 2023.
  • At AED 137,310 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 22,500 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 10 May 2024.

Questions about 3603, Amwaj 4

What did unit 3603 last sell for?

AED 2,850,000 on 10 May 2024: AED 2,062 per sqft for 1,382 sqft. The unit has 5 registered sales; the first was AED 599,000 in December 2007.

What is the rent for unit 3603?

AED 137,310 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 138,000; the unit has been rented since October 2012.

How big is unit 3603?

1,382 sqft (128.4 sqm): a two-bedroom apartment on the 36th floor of a 42-storey tower completed in 2007.

What is unit 3603 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 3603, Amwaj 4

Starts from the last sale price (AED 2.85M, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →