1-bed · 1,170 sqftAmwaj 4, Jumeirah Beach Residence · 7th floor · completed 2007

703, Amwaj 4

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.54M5 December 2024
Current rentAED 63K /yr20 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Amwaj 4

What is 703 worth today?

Last sold for AED 1,542,913 in 2024

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5 Dec 2024SoldReady
AED 1,542,913AED 1,319 per sqft
20 Apr 2021RentedRenewal
AED 62,500/yr12 months · AED 53 per sqft
20 Apr 2019RentedNew contract
AED 82,500/yr12 months · AED 70 per sqft
20 Apr 2018RentedRenewal
AED 100,000/yr12 months · AED 85 per sqft
20 Apr 2017RentedRenewal
AED 110,000/yr12 months · AED 94 per sqft
20 Apr 2016RentedNew contract
AED 110,000/yr12 months · AED 94 per sqft
12 Jan 2009Sold by developerReady
AED 1,165,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
7th of 42
Parking
B5
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.54M · December 2024
Building
Amwaj 4

About 703, Amwaj 4

703 is a one-bedroom apartment of 1,170 sqft on the 7th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 December 2024 for AED 1,542,913, or AED 1,319 per sqft, 14% below the AED 1,538 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 20 April 2021, is AED 62,500 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 19,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 2009: AED 1,165,000 (AED 995 per sqft)Sold, December 2024: AED 1,542,913 (AED 1,319 per sqft)

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

Rents
Unit 703, 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, April 2016: AED 110,000 a yearRenewal, April 2017: AED 110,000 a yearRenewal, April 2018: AED 100,000 a yearNew contract, April 2019: AED 82,500 a yearRenewal, April 2021: AED 62,500 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 703 sits

All 55 1-beds →

703 last sold in December 2024 at AED 1,319 per sqft, 14% below what one-beds in Amwaj 4 were fetching at the time (AED 1,538). 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. 703's AED 62,500 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 7th floor

All 296 units in Amwaj 4
Value
7013-bedAED 2.3M · Nov 2015
7023-bedAED 2.5M · Mar 2015
7041-bedAED 1.01M · May 2021
7051-bedAED 1.24M · Oct 2022
7061-bedAED 1.4M · Dec 2016
7073-bedAED 2.45M · Jul 2017
7083-bedAED 1.47M · Mar 2008

703, Amwaj 4 in numbers

  • Sold twice: first on 12 January 2009 for AED 1,165,000, last on 5 December 2024 for AED 1,542,913 (AED 1,319 per sqft).
  • Rented since April 2016 on 5 Ejari contracts, from AED 110,000 to AED 62,500 a year.
  • At AED 62,500 a year the gross yield on the 2024 price is 4.0%, 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 5 December 2024.

Questions about 703, Amwaj 4

What did unit 703 last sell for?

AED 1,542,913 on 5 December 2024: AED 1,319 per sqft for 1,170 sqft. The unit has 2 registered sales; the first was AED 1,165,000 in January 2009.

What is the rent for unit 703?

AED 62,500 a year on the contract renewed on 20 April 2021. The previous contract, from April 2019, was AED 82,500; the unit has been rented since April 2016.

How big is unit 703?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 7th floor of a 42-storey tower completed in 2007.

What is unit 703 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 703, Amwaj 4

Starts from the last sale price (AED 1.54M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,542,913
Deposit, UAE resident (20%)
AED 308,583
Deposit, non-resident (40%)
AED 617,165
Monthly over 25 years at 3.7%
AED 6,313

Plus AED 69,813 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →