2403, Amwaj 4
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Amwaj 4
What is 2403 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 24th of 42
- Parking
- B104
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 2.8M · May 2024
- Building
- Amwaj 4
About 2403, Amwaj 4
2403 is a two-bedroom apartment of 1,382 sqft on the 24th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 May 2024 for AED 2,800,000, or AED 2,026 per sqft, 37% above the AED 1,477 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 16 November 2023, is AED 230,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 22,500 a year.
Sales and rents for 2403 over time
2403 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2403 sits
All 172 2-beds →2403 last sold in May 2024 at AED 2,026 per sqft, 37% above what two-beds in Amwaj 4 were fetching at the time (AED 1,477). 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. 2403's AED 230,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 1,276 sqft | 2,500,000 | 1,958 | ||
| 26 Aug 202626 August 2026 | 1,382 sqft | 2,100,000 | 1,520 | ||
| 20 May 202620 May 2026 | 1,382 sqft | 2,750,000 | 1,990 | ||
| 27 Apr 202627 April 2026 | 1,276 sqft | 2,750,000 | 2,154 |
Amwaj 4
Building296 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%
Other units on the 24th floor
All 296 units in Amwaj 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,277 sqft | AED 1.5MAED 1,500,000 · Jul 2013July 2013 | 115,500 /yr | |
| 2402 | 2-bed | 1,277 sqft | AED 1.87MAED 1,867,000 · Jan 2013January 2013 | 90,000 /yr | |
| 2404 | 2-bed | 1,382 sqft | AED 1.75MAED 1,750,000 · Nov 2023November 2023 | 120,000 /yr | |
| 2405 | 2-bed | 1,382 sqft | AED 2.01MAED 2,012,000 · Nov 2012November 2012 | 112,000 /yr | |
| 2406 | 2-bed | 1,382 sqft | AED 2.34MAED 2,335,000 · Jun 2014June 2014 | ||
| 2407 | 2-bed | 1,277 sqft | AED 820KAED 820,000 · Oct 2014October 2014 | 118,850 /yr | |
| 2408 | 2-bed | 1,277 sqft | AED 1.05MAED 1,050,000 · Mar 2020March 2020 | 90,000 /yr |
2403, Amwaj 4 in numbers
- Sold 3 times: first on 20 November 2014 for AED 820,000, last on 16 May 2024 for AED 2,800,000 (AED 2,026 per sqft).
- Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 230,000 by November 2023.
- At AED 230,000 a year the gross yield on the 2024 price is 8.2%, 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 16 May 2024.
Questions about 2403, Amwaj 4
What did unit 2403 last sell for?
AED 2,800,000 on 16 May 2024: AED 2,026 per sqft for 1,382 sqft. The unit has 3 registered sales; the first was AED 820,000 in November 2014.
What is the rent for unit 2403?
AED 230,000 a year on the contract signed on 16 November 2023. The previous contract, from July 2022, was AED 93,500; the unit has been rented since December 2015.
How big is unit 2403?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 24th floor of a 42-storey tower completed in 2007.
What is unit 2403 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 2403, Amwaj 4
Starts from the last sale price (AED 2.8M, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →