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

705, Amwaj 4

Sold prices and rental history: sold 4 times, last in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.24M12 October 2022
Current rentAED 100K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Amwaj 4

What is 705 worth today?

Last sold for AED 1,240,000 in 2022

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1 May 2024RentedRenewal
AED 100,000/yr12 months · AED 85 per sqft
1 May 2023RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
12 Oct 2022SoldReady
AED 1,240,000AED 1,060 per sqft
7 Mar 2019SoldReady
AED 1,600,000AED 1,367 per sqft
19 Nov 2014SoldReady
AED 1,600,000AED 1,367 per sqft
2 Sep 2014Sold by developerReady
AED 1,165,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
7th of 42
Parking
B7
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.24M · October 2022
Building
Amwaj 4

About 705, Amwaj 4

705 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 12 October 2022 for AED 1,240,000, or AED 1,060 per sqft, 13% above the AED 940 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 100,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 19,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, September 2014: AED 1,165,000 (AED 995 per sqft)Sold, November 2014: AED 1,600,000 (AED 1,367 per sqft)Sold, March 2019: AED 1,600,000 (AED 1,367 per sqft)Sold, October 2022: AED 1,240,000 (AED 1,060 per sqft)

705 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, 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, May 2023: AED 100,000 a yearRenewal, May 2024: AED 100,000 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 705 sits

All 55 1-beds →

705 last sold in October 2022 at AED 1,060 per sqft, 13% above what one-beds in Amwaj 4 were fetching at the time (AED 940). 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. 705's AED 100,000 is in the lower half 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
7031-bedAED 1.54M · Dec 2024
7041-bedAED 1.01M · May 2021
7061-bedAED 1.4M · Dec 2016
7073-bedAED 2.45M · Jul 2017
7083-bedAED 1.47M · Mar 2008

705, Amwaj 4 in numbers

  • Sold 4 times: first on 2 September 2014 for AED 1,165,000, last on 12 October 2022 for AED 1,240,000 (AED 1,060 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.1%, 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 1 May 2024.

Questions about 705, Amwaj 4

What did unit 705 last sell for?

AED 1,240,000 on 12 October 2022: AED 1,060 per sqft for 1,170 sqft. The unit has 4 registered sales; the first was AED 1,165,000 in September 2014.

What is the rent for unit 705?

AED 100,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 100,000.

How big is unit 705?

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 705 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 705, Amwaj 4

Starts from the last sale price (AED 1.24M, 12 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

Plus AED 57,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →