3-bed · 1,838 sqftAmwaj 4, Jumeirah Beach Residence · 16th floor · completed 2007

1608, Amwaj 4

Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 25 July 2019
Last soldAED 1.53M25 July 2019
Current rentAED 145K /yr17 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Amwaj 4

What is 1608 worth today?

Last sold for AED 1,530,000 in 2019

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25 Jul 2019SoldReady
AED 1,530,000AED 832 per sqft
17 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 79 per sqft
17 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 79 per sqft
3 Jun 2016RentedNew contract
AED 171,162/yr12 months · AED 93 per sqft
3 Jun 2014RentedRenewal
AED 159,131/yr24 months · AED 86 per sqft
3 Jun 2013RentedNew contract
AED 135,000/yr12 months · AED 73 per sqft
16 Sep 2012Sold by developerReady
AED 699,000AED 380 per sqft

Source: Dubai Land Department. Updated 25 July 2019.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
16th of 42
Parking
G70/71
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 1.53M · July 2019
Building
Amwaj 4

About 1608, Amwaj 4

1608 is a three-bedroom apartment of 1,838 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 25 July 2019 for AED 1,530,000, or AED 832 per sqft, in line with the AED 832 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 17 August 2018, is AED 145,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 30,000 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, September 2012: AED 699,000 (AED 380 per sqft)Sold, July 2019: AED 1,530,000 (AED 832 per sqft)

1608 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1608, each contractTypical three-bed in Amwaj 4
100K150K2012201620202024Typical 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, June 2013: AED 135,000 a yearRenewal, June 2014: AED 159,131 a yearNew contract, June 2016: AED 171,162 a yearNew contract, August 2017: AED 145,000 a yearRenewal, August 2018: AED 145,000 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 1608 sits

All 62 3-beds →

1608 last sold in July 2019 at AED 832 per sqft, in line with what three-beds in Amwaj 4 were fetching at the time (AED 832). 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. 1608's AED 145,000 is in the lower 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 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
16062-bedAED 818K · Apr 2017
16073-bedAED 2.55M · May 2017

1608, Amwaj 4 in numbers

  • Sold twice: first on 16 September 2012 for AED 699,000, last on 25 July 2019 for AED 1,530,000 (AED 832 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 135,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2019 price is 9.5%, 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 25 July 2019.

Questions about 1608, Amwaj 4

What did unit 1608 last sell for?

AED 1,530,000 on 25 July 2019: AED 832 per sqft for 1,838 sqft. The unit has 2 registered sales; the first was AED 699,000 in September 2012.

What is the rent for unit 1608?

AED 145,000 a year on the contract renewed on 17 August 2018. The previous contract, from August 2017, was AED 145,000; the unit has been rented since June 2013.

How big is unit 1608?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 16th floor of a 42-storey tower completed in 2007.

What is unit 1608 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 1608, Amwaj 4

Starts from the last sale price (AED 1.53M, 25 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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