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

3408, Amwaj 4

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 2M6 January 2015
Current rentAED 77K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Amwaj 4

What is 3408 worth today?

Last sold for AED 2,000,000 in 2015

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15 Mar 2023RentedRenewal
AED 77,085/yr9 months · AED 60 per sqft
15 Mar 2022RentedRenewal
AED 77,000/yr12 months · AED 60 per sqft
15 Feb 2021RentedNew contract
AED 67,000/yr13 months · AED 52 per sqft
10 Nov 2020RentedRenewal
AED 75,000/yr3 months · AED 59 per sqft
10 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
2 Jul 2018RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
2 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
23 Apr 2016RentedRenewal
AED 124,654/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
34th of 42
Parking
B66
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 2M · January 2015
Building
Amwaj 4

About 3408, Amwaj 4

3408 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 6 January 2015 for AED 2,000,000, or AED 1,566 per sqft, 4% above the AED 1,499 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 77,085 a year: a gross yield of 3.9% on the 2015 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3408 over time

Sales
Unit 3408, 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, December 2007: AED 1,950,000 (AED 1,527 per sqft)Sold by developer, December 2007: AED 820,000 (AED 642 per sqft)Sold, January 2015: AED 2,000,000 (AED 1,566 per sqft)

3408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3408, 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, April 2013: AED 118,000 a yearNew contract, April 2014: AED 135,000 a yearNew contract, April 2015: AED 135,000 a yearRenewal, April 2016: AED 124,654 a yearNew contract, July 2017: AED 115,000 a yearRenewal, July 2018: AED 105,000 a yearNew contract, November 2019: AED 75,000 a yearRenewal, November 2020: AED 75,000 a yearNew contract, February 2021: AED 67,000 a yearRenewal, March 2022: AED 77,000 a yearRenewal, March 2023: AED 77,085 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 3408 sits

All 172 2-beds →

3408 last sold in January 2015 at AED 1,566 per sqft, 4% above what two-beds in Amwaj 4 were fetching at the time (AED 1,499). 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. 3408's AED 77,085 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
34072-bedAED 1.96M · Jul 2015

3408, Amwaj 4 in numbers

  • Sold 3 times: first on 5 December 2007 for AED 820,000, last on 6 January 2015 for AED 2,000,000 (AED 1,566 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 118,000 to AED 67,000 in 2021 and recovered to AED 77,085 by March 2023.
  • At AED 77,085 a year the gross yield on the 2015 price is 3.9%, 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 15 March 2023.

Questions about 3408, Amwaj 4

What did unit 3408 last sell for?

AED 2,000,000 on 6 January 2015: AED 1,566 per sqft for 1,277 sqft. The unit has 3 registered sales; the first was AED 820,000 in December 2007.

What is the rent for unit 3408?

AED 77,085 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 77,000; the unit has been rented since April 2013.

How big is unit 3408?

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 3408 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 3408, Amwaj 4

Starts from the last sale price (AED 2M, 6 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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