Penthouse · 5,715 sqftAmwaj 4, Jumeirah Beach Residence · completed 2007

P02, Amwaj 4

Sold prices and rental history: sold twice, last in October 2012, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P02 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 4.1M22 October 2012
Current rentAED 380K /yr9 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P02, Amwaj 4

What is P02 worth today?

Last sold for AED 4,100,000 in 2012

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9 Aug 2024RentedNew contract
AED 380,000/yr12 months · AED 65 per sqft
20 Apr 2023RentedNew contract
AED 220,800/yr12 months · AED 38 per sqft
22 Oct 2012SoldReady
AED 4,100,000AED 717 per sqft
12 Jul 2012Sold by developerReady
AED 5,144,000AED 900 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type
Penthouse apartment
Size
5,715 sqft
Parking
G37/38
Developer
Dubai Properties
Completed
2007
Service charge
AED 93,200 /yr
Last sold
AED 4.1M · October 2012
Building
Amwaj 4

About P02, Amwaj 4

P02 is a penthouse of 5,715 sqft of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 October 2012 for AED 4,100,000, or AED 717 per sqft, 11% below the AED 809 penthouses in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 9 August 2024, is AED 380,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 93,200 a year.

Sales and rents for P02 over time

Sales
Unit P02, each saleTypical penthouse in Amwaj 4
4M5M200920112013Typical sale price by year: 2009 AED 5,470,000; 2012 AED 4,063,000Sold by developer, July 2012: AED 5,144,000 (AED 900 per sqft)Sold, October 2012: AED 4,100,000 (AED 717 per sqft)

P02 has sold twice; the dashed line is the penthouse median of each year in the building.

Penthouses in Amwaj 4, and where P02 sits

All 7 penthouses →

P02 last sold in October 2012 at AED 717 per sqft, 11% below what penthouses in Amwaj 4 were fetching at the time (AED 809). Over the last 12 months penthouses sold for AED 3,600,000 to 7,110,035, around AED 1,512 per sqft, and rent for AED 378,000 to 378,000 a year.

Recent penthouse salesUnit no.Price (AED)Summary
11 Feb 20267,110,035
28 Jan 20263,600,000
10 Jun 20253,200,000
13 Jun 20235,492,330
2 penthouse 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 →

P02, Amwaj 4 in numbers

  • Sold twice: first on 12 July 2012 for AED 5,144,000, last on 22 October 2012 for AED 4,100,000 (AED 717 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 220,800 to AED 380,000 a year.
  • At AED 380,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 93,200 a year (AED 16.30 per sqft).
  • Penthouses in Amwaj 4 sold for AED 3,600,000–7,110,035 in the 12 months to November 2026; the building's median across all types is AED 1,468 per sqft.

Source: Dubai Land Department. Updated 9 August 2024.

Questions about P02, Amwaj 4

What did unit P02 last sell for?

AED 4,100,000 on 22 October 2012: AED 717 per sqft for 5,715 sqft. The unit has 2 registered sales; the first was AED 5,144,000 in July 2012.

What is the rent for unit P02?

AED 380,000 a year on the contract signed on 9 August 2024. The previous contract, from April 2023, was AED 220,800.

How big is unit P02?

5,715 sqft (530.9 sqm): a penthouse of a 42-storey tower completed in 2007.

What is unit P02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Amwaj 4 sold for AED 3,600,000 to 7,110,035 in the last 12 months, around AED 1,512 per sqft.

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Mortgage on P02, Amwaj 4

Starts from the last sale price (AED 4.1M, 22 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

Plus AED 177,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →