3-bed · 1,838 sqftAmwaj 4, Jumeirah Beach Residence · 14th floor · completed 2007

1408, Amwaj 4

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 699K2 March 2015
Current rentAED 185K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Amwaj 4

What is 1408 worth today?

Last sold for AED 699,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2023RentedNew contract
AED 185,000/yr12 months · AED 101 per sqft
20 Oct 2022RentedRenewal
AED 136,500/yr12 months · AED 74 per sqft
20 Oct 2021RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft
2 Mar 2015Sold by developerReady
AED 699,000AED 380 per sqft
1 Jul 2014RentedNew contract
AED 140,000/yr12 months · AED 76 per sqft
1 Jul 2013RentedNew contract
AED 140,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
14th of 42
Parking
M64/65
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 699K · March 2015
Building
Amwaj 4

About 1408, Amwaj 4

1408 is a three-bedroom apartment of 1,838 sqft on the 14th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 March 2015 for AED 699,000, or AED 380 per sqft, 52% below the AED 799 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 November 2023, is AED 185,000 a year: a gross yield of 26.5% on the 2015 price, before the service charge of about AED 30,000 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical three-bed in Amwaj 4
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 1,105,000; 2008 AED 1,344,375; 2009 AED 1,500,000; 2010 AED 1,738,070; 2012 AED 1,220,000; 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 2,650,000; 2026 AED 2,900,000Sold by developer, March 2015: AED 699,000 (AED 380 per sqft)

1408 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1408, each contractTypical three-bed in Amwaj 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 137,500; 2014 AED 142,500; 2015 AED 159,558; 2016 AED 165,000; 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 136,500; 2024 AED 142,075; 2025 AED 152,350; 2026 AED 152,250New contract, July 2013: AED 140,000 a yearNew contract, July 2014: AED 140,000 a yearNew contract, October 2021: AED 130,000 a yearRenewal, October 2022: AED 136,500 a yearNew contract, November 2023: AED 185,000 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 1408 sits

All 62 3-beds →

1408 last sold in March 2015 at AED 380 per sqft, 52% below what three-beds in Amwaj 4 were fetching at the time (AED 799). Over the last 12 months three-beds sold for AED 2,565,000 to 3,000,000, around AED 1,523 per sqft, and rent for AED 130,000 to 210,000 a year. 1408's AED 185,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,565,000
12 Aug 20263,000,000
12 Mar 20262,900,000
26 Dec 20252,700,000
4 3-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. 22 sold in the last 12 months.

Typical price per sqft
AED 1,552 Down 1.5%
Typical sale
AED 2.57M
Typical rent
AED 124K /yr
Typical yield
5.6%
Amwaj 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 14th floor

All 296 units in Amwaj 4
Value
14013-bedAED 2.75M · May 2025
14023-bedAED 2.3M · Feb 2024
14031-bedAED 1.8M · Jun 2026
14041-bedAED 1.65M · Dec 2024
14051-bedAED 1.27M · Oct 2007
14061-bedAED 1.65M · Jan 2026
14073-bedAED 1.03M · May 2013

1408, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 2 March 2015 for AED 699,000, or AED 380 per sqft.
  • Rented since July 2013 on 5 Ejari contracts, from AED 140,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2015 price is 26.5%, before a service charge of about AED 30,000 a year (AED 16.30 per sqft).
  • Three-beds in Amwaj 4 sold for AED 2,565,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,552 per sqft.

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 1408, Amwaj 4

What did unit 1408 last sell for?

AED 699,000 on 2 March 2015, sold by the developer: AED 380 per sqft for 1,838 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 185,000 a year on the contract signed on 20 November 2023. The previous contract, from October 2022, was AED 136,500; the unit has been rented since July 2013.

How big is unit 1408?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 14th floor of a 42-storey tower completed in 2007.

What is unit 1408 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 2,565,000 to 3,000,000 in the last 12 months, around AED 1,523 per sqft.

Selling 1408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1408, Amwaj 4

Starts from the last sale price (AED 699K, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →