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2-bed · 1,412 sqftAmwaj 4, Jumeirah Beach Residence · 40th floor · completed 2007

4002, Amwaj 4

Sold prices and rental history: sold once, by the developer in June 2008, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 599K15 June 2008
Current rentAED 94K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Amwaj 4

What is 4002 worth today?

Last sold for AED 599,000 in 2008

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1 Nov 2022RentedRenewal
AED 93,500/yr12 months · AED 66 per sqft
1 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
15 Jun 2008Sold by developerReady
AED 599,000AED 424 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Floor
40th of 42
Parking
M125
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,000 /yr
Last sold
AED 599K · June 2008
Building
Amwaj 4

About 4002, Amwaj 4

4002 is a two-bedroom apartment of 1,412 sqft on the 40th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 15 June 2008 for AED 599,000, or AED 424 per sqft, 33% below the AED 632 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 93,500 a year: a gross yield of 15.6% on the 2008 price, before the service charge of about AED 23,000 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, June 2008: AED 599,000 (AED 424 per sqft)

4002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4002, 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 152,500Renewal, November 2021: AED 85,000 a yearRenewal, November 2022: AED 93,500 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 4002 sits

All 160 2-beds →

4002 last sold in June 2008 at AED 424 per sqft, 33% below what two-beds in Amwaj 4 were fetching at the time (AED 632). 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. 4002's AED 93,500 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 40th floor

All 296 units in Amwaj 4
Value
40012-bedAED 2.52M · May 2024
40032-bedAED 1.8M · Apr 2017
40042-bedAED 720K · Oct 2007

4002, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 15 June 2008 for AED 599,000, or AED 424 per sqft.
  • Rented since November 2021 on 2 Ejari contracts, from AED 85,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2008 price is 15.6%, before a service charge of about AED 23,000 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 1 November 2022.

Questions about 4002, Amwaj 4

What did unit 4002 last sell for?

AED 599,000 on 15 June 2008, sold by the developer: AED 424 per sqft for 1,412 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 93,500 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 85,000.

How big is unit 4002?

1,412 sqft (131.2 sqm): a two-bedroom apartment on the 40th floor of a 42-storey tower completed in 2007.

What is unit 4002 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 4002, Amwaj 4

Starts from the last sale price (AED 599K, 15 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →