1501, Amwaj 4
Sold prices and rental history: sold twice, last in April 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Amwaj 4
What is 1501 worth today?
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Source: Dubai Land Department. Updated 4 April 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 15th of 42
- Parking
- G23/24
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,000 /yr
- Last sold
- AED 800K · April 2019
- Building
- Amwaj 4
About 1501, Amwaj 4
1501 is a three-bedroom apartment of 1,838 sqft on the 15th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 April 2019 for AED 800,000, or AED 435 per sqft, 48% below the AED 843 three-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 10 December 2017, is AED 168,399 a year: a gross yield of 21.1% on the 2019 price, before the service charge of about AED 30,000 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 62 3-beds →1501 last sold in April 2019 at AED 435 per sqft, 48% below what three-beds in Amwaj 4 were fetching at the time (AED 843). 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. 1501's AED 168,399 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,838 sqft | 2,565,000 | 1,395 | ||
| 12 Aug 202612 August 2026 | 1,838 sqft | 3,000,000 | 1,632 | ||
| 12 Mar 202612 March 2026 | 1,838 sqft | 2,900,000 | 1,577 | ||
| 26 Dec 202526 December 2025 | 1,838 sqft | 2,700,000 | 1,468 |
Amwaj 4
Building296 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%
Other units on the 15th floor
All 296 units in Amwaj 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,838 sqft | AED 1.55MAED 1,550,000 · Mar 2019March 2019 | 10,000 /yr | |
| 1503 | 2-bed | 1,342 sqft | AED 650KAED 650,000 · May 2019May 2019 | 123,000 /yr | |
| 1504 | 2-bed | 1,342 sqft | AED 805KAED 805,000 · Sep 2008September 2008 | 120,000 /yr | |
| 1505 | 2-bed | 1,342 sqft | AED 2.01MAED 2,012,000 · Nov 2012November 2012 | 120,000 /yr | |
| 1506 | 2-bed | 1,342 sqft | AED 2.54MAED 2,536,000 · Dec 2008December 2008 | 120,000 /yr | |
| 1507 | 3-bed | 1,838 sqft | AED 1.5MAED 1,500,000 · Apr 2009April 2009 | ||
| 1508 | 3-bed | 1,838 sqft | AED 699KAED 699,000 · Aug 2008August 2008 | 157,500 /yr |
1501, Amwaj 4 in numbers
- Sold twice: first on 4 November 2012 for AED 910,000, last on 4 April 2019 for AED 800,000 (AED 435 per sqft).
- Rented since December 2015 on 3 Ejari contracts, from AED 152,748 to AED 168,399 a year.
- At AED 168,399 a year the gross yield on the 2019 price is 21.1%, 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 4 April 2019.
Questions about 1501, Amwaj 4
What did unit 1501 last sell for?
AED 800,000 on 4 April 2019: AED 435 per sqft for 1,838 sqft. The unit has 2 registered sales; the first was AED 910,000 in November 2012.
What is the rent for unit 1501?
AED 168,399 a year on the contract renewed on 10 December 2017. The previous contract, from December 2016, was AED 160,385; the unit has been rented since December 2015.
How big is unit 1501?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 15th floor of a 42-storey tower completed in 2007.
What is unit 1501 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.
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Mortgage on 1501, Amwaj 4
Starts from the last sale price (AED 800K, 4 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →