1-bed · 1,170 sqftAmwaj 4, Jumeirah Beach Residence · 5th floor · completed 2007

505, Amwaj 4

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 31 December 2023
Last soldAED 1.17M25 January 2016
Current rentAED 65K /yr31 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Amwaj 4

What is 505 worth today?

Last sold for AED 1,165,000 in 2016

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31 Dec 2023RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
31 Dec 2022RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
31 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 51 per sqft
31 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
31 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
25 Jan 2016Sold by developerReady
AED 1,165,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 December 2023.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
5th of 42
Parking
B175
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.17M · January 2016
Building
Amwaj 4

About 505, Amwaj 4

505 is a one-bedroom apartment of 1,170 sqft on the 5th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 January 2016 for AED 1,165,000, or AED 995 per sqft, in line with the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 31 December 2023, is AED 65,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 19,100 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Amwaj 4
1M1.5M2007201220172022Typical 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, January 2016: AED 1,165,000 (AED 995 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Amwaj 4
75K100K2012201620202024Typical 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, December 2018: AED 75,000 a yearRenewal, December 2019: AED 75,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, December 2022: AED 65,000 a yearRenewal, December 2023: AED 65,000 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 505 sits

All 55 1-beds →

505 last sold in January 2016 at AED 995 per sqft, in line with what one-beds in Amwaj 4 were fetching at the time (AED 995). 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. 505's AED 65,000 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 5th floor

All 296 units in Amwaj 4
Value
5013-bedAED 1.22M · Apr 2008
5023-bedAED 2.59M · Apr 2008
5031-bedAED 1M · Nov 2021
5041-bedAED 475K · Dec 2008
5061-bedAED 1.67M · Jan 2009
5073-bedAED 2.65M · Sep 2024
5083-bedAED 2.65M · Apr 2025

505, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 25 January 2016 for AED 1,165,000, or AED 995 per sqft.
  • Rented since December 2018 on 5 Ejari contracts, from AED 75,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 5.6%, 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 31 December 2023.

Questions about 505, Amwaj 4

What did unit 505 last sell for?

AED 1,165,000 on 25 January 2016, sold by the developer: AED 995 per sqft for 1,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 65,000 a year on the contract renewed on 31 December 2023. The previous contract, from December 2022, was AED 65,000; the unit has been rented since December 2018.

How big is unit 505?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2007.

What is unit 505 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 505, Amwaj 4

Starts from the last sale price (AED 1.17M, 25 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

Plus AED 53,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →