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

2305, Amwaj 4

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 2.48M14 October 2024
Current rentAED 99K /yr12 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Amwaj 4

What is 2305 worth today?

Last sold for AED 2,475,000 in 2024

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14 Oct 2024SoldReady
AED 2,475,000AED 1,791 per sqft
12 Jul 2023RentedNew contract
AED 98,941/yr10 months · AED 72 per sqft
3 Jan 2023SoldReady
AED 1,600,000AED 1,158 per sqft
12 Jul 2022RentedRenewal
AED 94,500/yr12 months · AED 69 per sqft
12 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
12 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
12 Jul 2019RentedRenewal
AED 117,000/yr12 months · AED 85 per sqft
12 Jul 2018RentedNew contract
AED 127,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
23rd of 42
Parking
B109
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 2.48M · October 2024
Building
Amwaj 4

About 2305, Amwaj 4

2305 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 14 October 2024 for AED 2,475,000, or AED 1,791 per sqft, 9% above the AED 1,637 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 12 July 2023, is AED 98,941 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, 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 1,575,000 (AED 1,140 per sqft)Sold, October 2015: AED 2,150,000 (AED 1,556 per sqft)Sold, January 2023: AED 1,600,000 (AED 1,158 per sqft)Sold, October 2024: AED 2,475,000 (AED 1,791 per sqft)

2305 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, each contractTypical two-bed in Amwaj 4
100K2012201620202024Typical 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, September 2012: AED 108,000 a yearNew contract, December 2013: AED 111,000 a yearNew contract, September 2014: AED 126,000 a yearRenewal, September 2015: AED 138,000 a yearNew contract, July 2016: AED 135,000 a yearRenewal, July 2017: AED 130,000 a yearNew contract, July 2018: AED 127,000 a yearRenewal, July 2019: AED 117,000 a yearRenewal, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 94,500 a yearNew contract, July 2023: AED 98,941 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 2305 sits

All 172 2-beds →

2305 last sold in October 2024 at AED 1,791 per sqft, 9% above what two-beds in Amwaj 4 were fetching at the time (AED 1,637). 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. 2305's AED 98,941 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
23042-bedAED 2.2M · Oct 2024
23062-bedAED 2.25M · Nov 2014
23072-bedAED 1.4M · Apr 2010
23082-bedAED 933K · Dec 2008

2305, Amwaj 4 in numbers

  • Sold 4 times: first on 31 December 2008 for AED 1,575,000, last on 14 October 2024 for AED 2,475,000 (AED 1,791 per sqft).
  • Rented since September 2012 on 12 Ejari contracts, from AED 108,000 to AED 98,941 a year.
  • At AED 98,941 a year the gross yield on the 2024 price is 4.0%, 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 14 October 2024.

Questions about 2305, Amwaj 4

What did unit 2305 last sell for?

AED 2,475,000 on 14 October 2024: AED 1,791 per sqft for 1,382 sqft. The unit has 4 registered sales; the first was AED 1,575,000 in December 2008.

What is the rent for unit 2305?

AED 98,941 a year on the contract signed on 12 July 2023. The previous contract, from July 2022, was AED 94,500; the unit has been rented since September 2012.

How big is unit 2305?

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 2305 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 2305, Amwaj 4

Starts from the last sale price (AED 2.48M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

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