2-bed · 1,277 sqftAmwaj 4, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Amwaj 4

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 3 September 2022
Last soldAED 1.3M26 June 2012
Current rentAED 105K /yr3 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Amwaj 4

What is 2902 worth today?

Last sold for AED 1,300,000 in 2012

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3 Sep 2022RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
21 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
21 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
23 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
5 Nov 2013RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
26 Jun 2012SoldReady
AED 1,300,000AED 1,018 per sqft
29 Sep 2009Sold by developerReady
AED 860,000AED 673 per sqft

Source: Dubai Land Department. Updated 3 September 2022.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
29th of 42
Parking
M175
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.3M · June 2012
Building
Amwaj 4

About 2902, Amwaj 4

2902 is a two-bedroom apartment of 1,277 sqft on the 29th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 June 2012 for AED 1,300,000, or AED 1,018 per sqft, 9% above the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 3 September 2022, is AED 105,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 20,800 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, September 2009: AED 860,000 (AED 673 per sqft)Sold, June 2012: AED 1,300,000 (AED 1,018 per sqft)

2902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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 110,000 a yearNew contract, February 2017: AED 120,000 a yearRenewal, February 2019: AED 100,000 a yearRenewal, February 2020: AED 100,000 a yearNew contract, September 2022: AED 105,000 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 2902 sits

All 172 2-beds →

2902 last sold in June 2012 at AED 1,018 per sqft, 9% above what two-beds in Amwaj 4 were fetching at the time (AED 934). 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. 2902's AED 105,000 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 29th floor

All 296 units in Amwaj 4
Value
29012-bedAED 599K · Apr 2008
29032-bedAED 2.7M · Mar 2014
29042-bedAED 2.4M · Apr 2025
29052-bedAED 1.53M · Jan 2008
29062-bedAED 1.9M · Jan 2017
29072-bedAED 1.45M · Mar 2020
29082-bedAED 2M · Jan 2015

2902, Amwaj 4 in numbers

  • Sold twice: first on 29 September 2009 for AED 860,000, last on 26 June 2012 for AED 1,300,000 (AED 1,018 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 110,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 20,800 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 September 2022.

Questions about 2902, Amwaj 4

What did unit 2902 last sell for?

AED 1,300,000 on 26 June 2012: AED 1,018 per sqft for 1,277 sqft. The unit has 2 registered sales; the first was AED 860,000 in September 2009.

What is the rent for unit 2902?

AED 105,000 a year on the contract signed on 3 September 2022. The previous contract, from February 2020, was AED 100,000; the unit has been rented since November 2013.

How big is unit 2902?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 29th floor of a 42-storey tower completed in 2007.

What is unit 2902 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 2902, Amwaj 4

Starts from the last sale price (AED 1.3M, 26 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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