2-bed · 1,382 sqftAmwaj 4, Jumeirah Beach Residence · 18th floor · completed 2007

1803, Amwaj 4

Sold prices and rental history: sold twice, last in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 18 February 2019
Last soldAED 1.48M15 July 2009
Current rentAED 120K /yr18 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Amwaj 4

What is 1803 worth today?

Last sold for AED 1,480,000 in 2009

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18 Feb 2019RentedRenewal
AED 120,000/yr12 months · AED 87 per sqft
18 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
25 May 2017RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
20 May 2016RentedRenewal
AED 160,000/yr6 months · AED 116 per sqft
20 May 2015RentedNew contract
AED 160,000/yr12 months · AED 116 per sqft
20 May 2014RentedNew contract
AED 173,500/yr12 months · AED 126 per sqft
20 May 2013RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
15 Jul 2009SoldReady
AED 1,480,000AED 1,071 per sqft

Source: Dubai Land Department. Updated 18 February 2019.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
18th of 42
Parking
B47
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 1.48M · July 2009
Building
Amwaj 4

About 1803, Amwaj 4

1803 is a two-bedroom apartment of 1,382 sqft on the 18th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 July 2009 for AED 1,480,000, or AED 1,071 per sqft, 26% above the AED 850 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 18 February 2019, is AED 120,000 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 22,500 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, December 2008: AED 732,375 (AED 530 per sqft)Sold, July 2009: AED 1,480,000 (AED 1,071 per sqft)

1803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, 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, May 2013: AED 150,000 a yearNew contract, May 2014: AED 173,500 a yearNew contract, May 2015: AED 160,000 a yearRenewal, May 2016: AED 160,000 a yearNew contract, May 2017: AED 120,000 a yearNew contract, February 2018: AED 120,000 a yearRenewal, February 2019: AED 120,000 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 1803 sits

All 172 2-beds →

1803 last sold in July 2009 at AED 1,071 per sqft, 26% above what two-beds in Amwaj 4 were fetching at the time (AED 850). 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. 1803's AED 120,000 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 18th floor

All 296 units in Amwaj 4
Value
18012-bedAED 2M · Oct 2023
18022-bedAED 2.35M · Dec 2008
18042-bedAED 1.85M · May 2023
18052-bedAED 2M · Mar 2014
18062-bedAED 2.4M · Oct 2008
18072-bedAED 2.1M · Nov 2025
18082-bedAED 650K · Aug 2010

1803, Amwaj 4 in numbers

  • Sold twice: first on 17 December 2008 for AED 732,375, last on 15 July 2009 for AED 1,480,000 (AED 1,071 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 22,500 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 18 February 2019.

Questions about 1803, Amwaj 4

What did unit 1803 last sell for?

AED 1,480,000 on 15 July 2009: AED 1,071 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 732,375 in December 2008.

What is the rent for unit 1803?

AED 120,000 a year on the contract renewed on 18 February 2019. The previous contract, from February 2018, was AED 120,000; the unit has been rented since May 2013.

How big is unit 1803?

1,382 sqft (128.4 sqm): a two-bedroom apartment on the 18th floor of a 42-storey tower completed in 2007.

What is unit 1803 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 1803, Amwaj 4

Starts from the last sale price (AED 1.48M, 15 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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