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

404, Amwaj 4

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 4 November 2023
Last soldAED 1.95M30 April 2008
Current rentAED 70K /yr4 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Amwaj 4

What is 404 worth today?

Last sold for AED 1,952,000 in 2008

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4 Nov 2023RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
4 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 51 per sqft
4 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
4 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
20 Jul 2019RentedNew contract
AED 71,000/yr12 months · AED 61 per sqft
8 Feb 2017RentedNew contract
AED 68,795/yr12 months · AED 59 per sqft
30 Apr 2008Sold by developerReady
AED 1,952,000AED 1,668 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2023.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
4th of 42
Parking
B191
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.95M · April 2008
Building
Amwaj 4

About 404, Amwaj 4

404 is a one-bedroom apartment of 1,170 sqft on the 4th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 April 2008 for AED 1,952,000, or AED 1,668 per sqft, 63% above the AED 1,025 one-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 4 November 2023, is AED 70,000 a year: a gross yield of 3.6% on the 2008 price, before the service charge of about AED 19,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Amwaj 4
1M1.5M2M2007201220172022Typical 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, April 2008: AED 1,952,000 (AED 1,668 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Amwaj 4
50K100K2012201620202024Typical 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, February 2017: AED 68,795 a yearNew contract, July 2019: AED 71,000 a yearNew contract, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2022: AED 60,000 a yearNew contract, November 2023: AED 70,000 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 404 sits

All 55 1-beds →

404 last sold in April 2008 at AED 1,668 per sqft, 63% above what one-beds in Amwaj 4 were fetching at the time (AED 1,025). 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. 404's AED 70,000 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 4th floor

All 296 units in Amwaj 4
Value
4013-bedAED 910K · Dec 2008
4023-bedAED 2.3M · Apr 2008
4031-bedAED 1.48M · Aug 2008
4051-bedAED 742K · May 2015
4061-bedAED 746K · Jun 2015
4073-bedAED 2.29M · Jun 2018
4083-bedAED 2M · Apr 2008

404, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 30 April 2008 for AED 1,952,000, or AED 1,668 per sqft.
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 68,795 to AED 50,000 in 2021 and recovered to AED 70,000 by November 2023.
  • At AED 70,000 a year the gross yield on the 2008 price is 3.6%, 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 4 November 2023.

Questions about 404, Amwaj 4

What did unit 404 last sell for?

AED 1,952,000 on 30 April 2008, sold by the developer: AED 1,668 per sqft for 1,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 70,000 a year on the contract signed on 4 November 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since February 2017.

How big is unit 404?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 4th floor of a 42-storey tower completed in 2007.

What is unit 404 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 404, Amwaj 4

Starts from the last sale price (AED 1.95M, 30 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,952,000
Deposit, UAE resident (20%)
AED 390,400
Deposit, non-resident (40%)
AED 780,800
Monthly over 25 years at 3.7%
AED 7,986

Plus AED 86,994 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →