2-bed · 1,382 sqftAmwaj 4, Jumeirah Beach Residence · 23rd floor · completed 2007

2304, Amwaj 4

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.2M3 October 2024
Current rentAED 103K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Amwaj 4

What is 2304 worth today?

Last sold for AED 2,200,000 in 2024

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3 Oct 2024SoldReady
AED 2,200,000AED 1,592 per sqft
20 Jul 2023RentedNew contract
AED 103,000/yr12 months · AED 75 per sqft
20 Jul 2020RentedRenewal
AED 88,000/yr12 months · AED 64 per sqft
20 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
4 Nov 2013RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
9 Mar 2010Sold by developerReady
AED 1,464,750AED 1,060 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
23rd of 42
Parking
B110
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 2.2M · October 2024
Building
Amwaj 4

About 2304, Amwaj 4

2304 is a two-bedroom apartment of 1,382 sqft on the 23rd floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2024 for AED 2,200,000, or AED 1,592 per sqft, in line with the AED 1,628 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 20 July 2023, is AED 103,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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 2010: AED 1,464,750 (AED 1,060 per sqft)Sold, October 2024: AED 2,200,000 (AED 1,592 per sqft)

2304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, 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, November 2013: AED 120,000 a yearNew contract, July 2019: AED 100,000 a yearRenewal, July 2020: AED 88,000 a yearNew contract, July 2023: AED 103,000 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 2304 sits

All 172 2-beds →

2304 last sold in October 2024 at AED 1,592 per sqft, in line with what two-beds in Amwaj 4 were fetching at the time (AED 1,628). 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. 2304's AED 103,000 is in the lower 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 23rd floor

All 296 units in Amwaj 4
Value
23012-bedAED 599K · May 2008
23022-bedAED 1.87M · Jan 2009
23032-bedAED 1.1M · Jul 2020
23052-bedAED 2.48M · Oct 2024
23062-bedAED 2.25M · Nov 2014
23072-bedAED 1.4M · Apr 2010
23082-bedAED 933K · Dec 2008

2304, Amwaj 4 in numbers

  • Sold twice: first on 9 March 2010 for AED 1,464,750, last on 3 October 2024 for AED 2,200,000 (AED 1,592 per sqft).
  • Rented since November 2013 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 88,000 in 2020 and recovered to AED 103,000 by July 2023.
  • At AED 103,000 a year the gross yield on the 2024 price is 4.7%, 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 3 October 2024.

Questions about 2304, Amwaj 4

What did unit 2304 last sell for?

AED 2,200,000 on 3 October 2024: AED 1,592 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 1,464,750 in March 2010.

What is the rent for unit 2304?

AED 103,000 a year on the contract signed on 20 July 2023. The previous contract, from July 2020, was AED 88,000; the unit has been rented since November 2013.

How big is unit 2304?

1,382 sqft (128.4 sqm): a two-bedroom apartment on the 23rd floor of a 42-storey tower completed in 2007.

What is unit 2304 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 2304, Amwaj 4

Starts from the last sale price (AED 2.2M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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