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2-bed · 1,342 sqftAmwaj 4, Jumeirah Beach Residence · 16th floor · completed 2007

1606, Amwaj 4

Sold prices and rental history: sold twice, last in April 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 24 April 2017
Last soldAED 818K24 April 2017
Current rentAED 119K /yr5 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1606, Amwaj 4

What is 1606 worth today?

Last sold for AED 817,500 in 2017

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24 Apr 2017SoldReady
AED 817,500AED 609 per sqft
5 May 2016RentedNew contract
AED 119,000/yr12 months · AED 88 per sqft
30 Jun 2015Sold by developerReady
AED 830,000AED 618 per sqft
5 May 2015RentedNew contract
AED 122,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 24 April 2017.

Key facts

Type
2-bed apartment
Size
1,342 sqft
Floor
16th of 42
Parking
B40
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,900 /yr
Last sold
AED 818K · April 2017
Building
Amwaj 4

About 1606, Amwaj 4

1606 is a two-bedroom apartment of 1,342 sqft on the 16th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 April 2017 for AED 817,500, or AED 609 per sqft, 52% below the AED 1,274 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 5 May 2016, is AED 119,000 a year: a gross yield of 14.6% on the 2017 price, before the service charge of about AED 21,900 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, June 2015: AED 830,000 (AED 618 per sqft)Sold, April 2017: AED 817,500 (AED 609 per sqft)

1606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Amwaj 4
75K100K125K2012201620202024Typical 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, May 2015: AED 122,000 a yearNew contract, May 2016: AED 119,000 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 1606 sits

All 172 2-beds →

1606 last sold in April 2017 at AED 609 per sqft, 52% below what two-beds in Amwaj 4 were fetching at the time (AED 1,274). 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. 1606's AED 119,000 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 16th floor

All 296 units in Amwaj 4
Value
16013-bedAED 1.33M · Jan 2018
16023-bedAED 2.45M · May 2024
16032-bedAED 2.13M · Jul 2025
16042-bedAED 709K · Apr 2008
16052-bedAED 1.66M · Dec 2007
16073-bedAED 2.55M · May 2017
16083-bedAED 1.53M · Jul 2019

1606, Amwaj 4 in numbers

  • Sold twice: first on 30 June 2015 for AED 830,000, last on 24 April 2017 for AED 817,500 (AED 609 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 122,000 to AED 119,000 a year.
  • At AED 119,000 a year the gross yield on the 2017 price is 14.6%, 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 24 April 2017.

Questions about 1606, Amwaj 4

What did unit 1606 last sell for?

AED 817,500 on 24 April 2017: AED 609 per sqft for 1,342 sqft. The unit has 2 registered sales; the first was AED 830,000 in June 2015.

What is the rent for unit 1606?

AED 119,000 a year on the contract signed on 5 May 2016. The previous contract, from May 2015, was AED 122,000.

How big is unit 1606?

1,342 sqft (124.7 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2007.

What is unit 1606 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 1606, Amwaj 4

Starts from the last sale price (AED 818K, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 817,500
Deposit, UAE resident (20%)
AED 163,500
Deposit, non-resident (40%)
AED 327,000
Monthly over 25 years at 3.7%
AED 3,345

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