2-bed · 1,382 sqftAmwaj 4, Jumeirah Beach Residence · 28th floor · completed 2007

2803, Amwaj 4

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

Unit 2803 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 599K15 November 2009
Current rentAED 150K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Amwaj 4

What is 2803 worth today?

Last sold for AED 599,000 in 2009

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5 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
23 Mar 2022RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
23 Mar 2021RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
23 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft
23 Dec 2019RentedRenewal · flagged as an outlier
AED 640,000/yr3 months · AED 465 per sqft
3 Nov 2018RentedRenewal
AED 140,709/yr14 months · AED 102 per sqft
26 Sep 2017RentedRenewal
AED 144,818/yr13 months · AED 105 per sqft
18 Aug 2016RentedNew contract
AED 144,724/yr13 months · AED 105 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
28th of 42
Parking
M178
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 599K · November 2009
Building
Amwaj 4

About 2803, Amwaj 4

2803 is a two-bedroom apartment of 1,382 sqft on the 28th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 15 November 2009 for AED 599,000, or AED 433 per sqft, 49% below the AED 850 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 August 2024, is AED 150,000 a year: a gross yield of 25.0% on the 2009 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, November 2009: AED 599,000 (AED 433 per sqft)

2803 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, 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 130,000 a yearNew contract, August 2016: AED 144,724 a yearRenewal, September 2017: AED 144,818 a yearRenewal, November 2018: AED 140,709 a yearRenewal, March 2020: AED 125,000 a yearRenewal, March 2021: AED 105,000 a yearRenewal, March 2022: AED 105,000 a yearNew contract, August 2024: AED 150,000 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 2803 sits

All 172 2-beds →

2803 last sold in November 2009 at AED 433 per sqft, 49% below 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. 2803's AED 150,000 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 28th floor

All 296 units in Amwaj 4
Value
28012-bedAED 2.29M · Oct 2024
28022-bedAED 1.5M · Oct 2007
28042-bedAED 2.45M · Jan 2024
28052-bedAED 2.13M · Oct 2025
28062-bedAED 1.7M · Feb 2013
28072-bedAED 900K · Jul 2016
28082-bedAED 1.87M · Mar 2008

2803, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 15 November 2009 for AED 599,000, or AED 433 per sqft.
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2022 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2009 price is 25.0%, 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 5 August 2024.

Questions about 2803, Amwaj 4

What did unit 2803 last sell for?

AED 599,000 on 15 November 2009, sold by the developer: AED 433 per sqft for 1,382 sqft. It is the only registered sale of the unit.

What is the rent for unit 2803?

AED 150,000 a year on the contract signed on 5 August 2024. The previous contract, from March 2022, was AED 105,000; the unit has been rented since May 2013.

How big is unit 2803?

1,382 sqft (128.4 sqm): a two-bedroom apartment on the 28th floor of a 42-storey tower completed in 2007.

What is unit 2803 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 2803, Amwaj 4

Starts from the last sale price (AED 599K, 15 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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