2-bed · 1,342 sqftAmwaj 4, Jumeirah Beach Residence · 15th floor · completed 2007

1503, Amwaj 4

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 21 May 2026
Last soldAED 650K26 May 2019
Current rentAED 123K /yr21 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Amwaj 4

What is 1503 worth today?

Last sold for AED 650,000 in 2019

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21 May 2026RentedRenewal
AED 123,000/yr12 months · AED 92 per sqft
21 May 2025RentedRenewal
AED 128,000/yr12 months · AED 96 per sqft
21 May 2025RentedRenewal
AED 128,000/yr12 months · AED 96 per sqft
21 May 2024RentedRenewal
AED 126,000/yr12 months · AED 94 per sqft
21 May 2023RentedRenewal
AED 120,000/yr12 months · AED 89 per sqft
21 May 2022RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
21 Feb 2021RentedNew contract
AED 82,000/yr12 months · AED 61 per sqft
15 Jul 2019RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 21 May 2026.

Key facts

Type
2-bed apartment
Size
1,342 sqft
Floor
15th of 42
Parking
B33
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,900 /yr
Last sold
AED 650K · May 2019
Building
Amwaj 4

About 1503, Amwaj 4

1503 is a two-bedroom apartment of 1,342 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 26 May 2019 for AED 650,000, or AED 484 per sqft, 56% below the AED 1,100 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 21 May 2026, is AED 123,000 a year: a gross yield of 18.9% on the 2019 price, before the service charge of about AED 21,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Amwaj 4
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 1,042,750; 2009 AED 1,174,360; 2010 AED 1,100,000; 2011 AED 1,200,000; 2012 AED 1,370,000; 2013 AED 1,700,000; 2014 AED 2,000,000; 2015 AED 1,850,000; 2016 AED 1,610,000; 2017 AED 1,790,000; 2018 AED 1,712,500; 2019 AED 915,000; 2020 AED 1,185,000; 2021 AED 1,365,000; 2022 AED 1,688,000; 2023 AED 1,750,000; 2024 AED 2,200,000; 2025 AED 2,300,000; 2026 AED 2,350,000Sold by developer, March 2008: AED 762,500 (AED 568 per sqft)Sold, November 2012: AED 1,390,000 (AED 1,035 per sqft)Sold, May 2019: AED 650,000 (AED 484 per sqft)

1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Amwaj 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 113,264; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 93,375; 2023 AED 105,158; 2024 AED 120,000; 2025 AED 128,000; 2026 AED 120,000New contract, October 2014: AED 145,000 a yearNew contract, January 2016: AED 135,000 a yearNew contract, January 2017: AED 135,000 a yearNew contract, December 2017: AED 110,769 a yearNew contract, July 2019: AED 95,000 a yearNew contract, February 2021: AED 82,000 a yearNew contract, May 2022: AED 120,000 a yearRenewal, May 2023: AED 120,000 a yearRenewal, May 2024: AED 126,000 a yearRenewal, May 2025: AED 128,000 a yearRenewal, May 2025: AED 128,000 a yearRenewal, May 2026: AED 123,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Amwaj 4, and where 1503 sits

All 172 2-beds →

1503 last sold in May 2019 at AED 484 per sqft, 56% below what two-beds in Amwaj 4 were fetching at the time (AED 1,100). Over the last 12 months two-beds sold for AED 2,000,000 to 3,800,000, around AED 1,645 per sqft, and rent for AED 50,000 to 187,000 a year. 1503's AED 123,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 20262,500,000
26 Aug 20262,100,000
20 May 20262,750,000
27 Apr 20262,750,000
11 2-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 15th floor

All 296 units in Amwaj 4
Value
15013-bedAED 800K · Apr 2019
15023-bedAED 1.55M · Mar 2019
15042-bedAED 805K · Sep 2008
15052-bedAED 2.01M · Nov 2012
15062-bedAED 2.54M · Dec 2008
15073-bedAED 1.5M · Apr 2009
15083-bedAED 699K · Aug 2008

1503, Amwaj 4 in numbers

  • Sold 3 times: first on 27 March 2008 for AED 762,500, last on 26 May 2019 for AED 650,000 (AED 484 per sqft).
  • Rented since October 2014 on 12 Ejari contracts. The rent fell from AED 145,000 to AED 82,000 in 2021 and recovered to AED 123,000 by May 2026.
  • At AED 123,000 a year the gross yield on the 2019 price is 18.9%, before a service charge of about AED 21,900 a year (AED 16.30 per sqft).
  • Two-beds in Amwaj 4 sold for AED 2,000,000–3,800,000 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 21 May 2026.

Questions about 1503, Amwaj 4

What did unit 1503 last sell for?

AED 650,000 on 26 May 2019: AED 484 per sqft for 1,342 sqft. The unit has 3 registered sales; the first was AED 762,500 in March 2008.

What is the rent for unit 1503?

AED 123,000 a year on the contract renewed on 21 May 2026. The previous contract, from May 2025, was AED 128,000; the unit has been rented since October 2014.

How big is unit 1503?

1,342 sqft (124.7 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2007.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Amwaj 4 sold for AED 2,000,000 to 3,800,000 in the last 12 months, around AED 1,645 per sqft.

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Mortgage on 1503, Amwaj 4

Starts from the last sale price (AED 650K, 26 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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