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3-bed · 1,889 sqftAmwaj 4, Jumeirah Beach Residence · completed 2007

UP01, Amwaj 4

Sold prices and rental history: sold 4 times, last in May 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 2.45M7 May 2014
Current rentAED 220K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP01, Amwaj 4

What is UP01 worth today?

Last sold for AED 2,446,000 in 2014

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7 Oct 2024RentedNew contract
AED 220,000/yr12 months · AED 116 per sqft
7 May 2014SoldReady
AED 2,446,000AED 1,294 per sqft
19 Dec 2013SoldReady
AED 2,100,000AED 1,111 per sqft
1 Mar 2013RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
1 Mar 2012RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
17 Nov 2009SoldReady
AED 1,550,000AED 820 per sqft
4 Nov 2009Sold by developerReady
AED 3,254,000AED 1,722 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
3-bed apartment
Size
1,889 sqft
Parking
G62/63
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 2.45M · May 2014
Building
Amwaj 4

About UP01, Amwaj 4

UP01 is a three-bedroom apartment of 1,889 sqft of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 May 2014 for AED 2,446,000, or AED 1,294 per sqft, 16% above the AED 1,111 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 7 October 2024, is AED 220,000 a year: a gross yield of 9.0% on the 2014 price, before the service charge of about AED 30,800 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, each saleTypical three-bed in Amwaj 4
1M2M3M2007201220172022Typical sale price by year: 2007 AED 1,105,000; 2008 AED 1,468,750; 2009 AED 1,500,000; 2010 AED 1,738,070; 2012 AED 1,065,000; 2013 AED 2,025,000; 2014 AED 1,470,000; 2015 AED 2,300,000; 2017 AED 2,400,000; 2019 AED 1,530,000; 2020 AED 1,260,000; 2021 AED 1,590,000; 2022 AED 2,220,000; 2024 AED 2,412,500; 2025 AED 2,650,000Sold, November 2009: AED 1,550,000 (AED 820 per sqft)Sold by developer, November 2009: AED 3,254,000 (AED 1,722 per sqft)Sold, December 2013: AED 2,100,000 (AED 1,111 per sqft)Sold, May 2014: AED 2,446,000 (AED 1,294 per sqft)

UP01 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP01, each contractTypical three-bed in Amwaj 4
100K200K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 135,000; 2014 AED 147,500; 2015 AED 159,558; 2016 AED 160,385; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 140,000; 2024 AED 145,000; 2025 AED 151,000New contract, March 2012: AED 115,000 a yearNew contract, March 2013: AED 115,000 a yearNew contract, October 2024: AED 220,000 a year

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 UP01 sits

All 61 3-beds →

UP01 last sold in May 2014 at AED 1,294 per sqft, 16% above what three-beds in Amwaj 4 were fetching at the time (AED 1,111). 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. UP01's AED 220,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Dec 20252,700,000
30 Jul 20252,750,000
20 May 20252,750,000
30 Apr 20252,600,000
1 3-bed sale 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 →

UP01, Amwaj 4 in numbers

  • Sold 4 times: first on 4 November 2009 for AED 3,254,000, last on 7 May 2014 for AED 2,446,000 (AED 1,294 per sqft).
  • Rented since March 2012 on 3 Ejari contracts, from AED 115,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2014 price is 9.0%, before a service charge of about AED 30,800 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 7 October 2024.

Questions about UP01, Amwaj 4

What did unit UP01 last sell for?

AED 2,446,000 on 7 May 2014: AED 1,294 per sqft for 1,889 sqft. The unit has 4 registered sales; the first was AED 3,254,000 in November 2009.

What is the rent for unit UP01?

AED 220,000 a year on the contract signed on 7 October 2024. The previous contract, from March 2013, was AED 115,000; the unit has been rented since March 2012.

How big is unit UP01?

1,889 sqft (175.5 sqm): a three-bedroom apartment of a 42-storey tower completed in 2007.

What is unit UP01 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 UP01, Amwaj 4

Starts from the last sale price (AED 2.45M, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,446,000
Deposit, UAE resident (20%)
AED 489,200
Deposit, non-resident (40%)
AED 978,400
Monthly over 25 years at 3.7%
AED 10,007

Plus AED 107,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →