408, Amwaj 4
Sold prices and rental history: sold twice, last in April 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Amwaj 4
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 4th of 42
- Parking
- M94/95
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,000 /yr
- Last sold
- AED 2M · April 2008
- Building
- Amwaj 4
About 408, Amwaj 4
408 is a three-bedroom apartment of 1,838 sqft on the 4th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 April 2008 for AED 2,000,000, or AED 1,088 per sqft, 77% above the AED 613 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 8 November 2024, is AED 200,000 a year: a gross yield of 10.0% on the 2008 price, before the service charge of about AED 30,000 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Amwaj 4, and where 408 sits
All 61 3-beds →408 last sold in April 2008 at AED 1,088 per sqft, 77% above what three-beds in Amwaj 4 were fetching at the time (AED 613). Over the last 12 months three-beds sold for AED 2,700,000, around AED 1,468 per sqft, and rent for AED 155,000 to 190,000 a year. 408's AED 200,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202526 December 2025 | 1,838 sqft | 2,700,000 | 1,468 | ||
| 30 Jul 202530 July 2025 | 1,838 sqft | 2,750,000 | 1,496 | ||
| 20 May 202520 May 2025 | 1,838 sqft | 2,750,000 | 1,496 | ||
| 30 Apr 202530 April 2025 | 1,838 sqft | 2,600,000 | 1,414 |
Amwaj 4
Building296 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%
Other units on the 4th floor
All 296 units in Amwaj 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,838 sqft | AED 910KAED 910,000 · Dec 2008December 2008 | ||
| 402 | 3-bed | 1,838 sqft | AED 2.3MAED 2,300,000 · Apr 2008April 2008 | ||
| 403 | 1-bed | 1,170 sqft | AED 1.48MAED 1,484,000 · Aug 2008August 2008 | 96,000 /yr | |
| 404 | 1-bed | 1,170 sqft | AED 1.95MAED 1,952,000 · Apr 2008April 2008 | 70,000 /yr | |
| 405 | 1-bed | 1,170 sqft | AED 742KAED 742,000 · May 2015May 2015 | 80,000 /yr | |
| 406 | 1-bed | 1,170 sqft | AED 746KAED 745,500 · Jun 2015June 2015 | 165,000 /yr | |
| 407 | 3-bed | 1,838 sqft | AED 2.29MAED 2,290,000 · Jun 2018June 2018 | 150,000 /yr |
408, Amwaj 4 in numbers
- Sold twice: first on 29 November 2007 for AED 1,105,000, last on 30 April 2008 for AED 2,000,000 (AED 1,088 per sqft).
- Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 84,000 in 2022 and recovered to AED 200,000 by November 2024.
- At AED 200,000 a year the gross yield on the 2008 price is 10.0%, before a service charge of about AED 30,000 a year (AED 16.30 per sqft).
- Three-beds in Amwaj 4 sold for AED 2,700,000–2,700,000 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 8 November 2024.
Questions about 408, Amwaj 4
What did unit 408 last sell for?
AED 2,000,000 on 30 April 2008: AED 1,088 per sqft for 1,838 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in November 2007.
What is the rent for unit 408?
AED 200,000 a year on the contract renewed on 8 November 2024. The previous contract, from November 2023, was AED 200,000; the unit has been rented since August 2013.
How big is unit 408?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 4th floor of a 42-storey tower completed in 2007.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Amwaj 4 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 1,468 per sqft.
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Mortgage on 408, Amwaj 4
Starts from the last sale price (AED 2M, 30 April 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →