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2-bed · 1,277 sqftAmwaj 4, Jumeirah Beach Residence · 34th floor · completed 2007

3407, Amwaj 4

Sold prices and rental history: sold 3 times, last in July 2015, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 2 July 2015
Last soldAED 1.96M2 July 2015
Current rentAED 108K /yr27 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3407, Amwaj 4

What is 3407 worth today?

Last sold for AED 1,964,285 in 2015

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2 Jul 2015SoldReady
AED 1,964,285AED 1,538 per sqft
27 Aug 2014RentedNew contract
AED 108,000/yr12 months · AED 84 per sqft
27 Nov 2013SoldReady
AED 2,200,000AED 1,723 per sqft
25 Oct 2007Sold by developerReady
AED 599,000AED 469 per sqft

Source: Dubai Land Department. Updated 2 July 2015.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
34th of 42
Parking
M19
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.96M · July 2015
Building
Amwaj 4

About 3407, Amwaj 4

3407 is a two-bedroom apartment of 1,277 sqft on the 34th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 July 2015 for AED 1,964,285, or AED 1,538 per sqft, in line with the AED 1,545 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 August 2014. The current contract, signed on 27 August 2014, is AED 108,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3407 over time

Sales
Unit 3407, 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, October 2007: AED 599,000 (AED 469 per sqft)Sold, November 2013: AED 2,200,000 (AED 1,723 per sqft)Sold, July 2015: AED 1,964,285 (AED 1,538 per sqft)

3407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, 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, August 2014: AED 108,000 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 3407 sits

All 172 2-beds →

3407 last sold in July 2015 at AED 1,538 per sqft, in line with what two-beds in Amwaj 4 were fetching at the time (AED 1,545). 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. 3407's AED 108,000 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 34th floor

All 296 units in Amwaj 4
Value
34012-bedAED 2M · Jun 2015
34022-bedAED 1.35M · Jan 2008
34032-bedAED 1.8M · Jul 2018
34042-bedAED 1.2M · Feb 2022
34052-bedAED 2.3M · May 2025
34062-bedAED 740K · May 2019
34082-bedAED 2M · Jan 2015

3407, Amwaj 4 in numbers

  • Sold 3 times: first on 25 October 2007 for AED 599,000, last on 2 July 2015 for AED 1,964,285 (AED 1,538 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2015 price is 5.5%, 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 2 July 2015.

Questions about 3407, Amwaj 4

What did unit 3407 last sell for?

AED 1,964,285 on 2 July 2015: AED 1,538 per sqft for 1,277 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 3407?

AED 108,000 a year on the contract signed on 27 August 2014.

How big is unit 3407?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 34th floor of a 42-storey tower completed in 2007.

What is unit 3407 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 3407, Amwaj 4

Starts from the last sale price (AED 1.96M, 2 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,964,285
Deposit, UAE resident (20%)
AED 392,857
Deposit, non-resident (40%)
AED 785,714
Monthly over 25 years at 3.7%
AED 8,036

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