2-bed · 1,277 sqftAmwaj 4, Jumeirah Beach Residence · 35th floor · completed 2007

3508, Amwaj 4

Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 599K12 November 2007
Current rentAED 99K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Amwaj 4

What is 3508 worth today?

Last sold for AED 599,000 in 2007

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25 Apr 2024RentedRenewal
AED 98,670/yr12 months · AED 77 per sqft
25 Apr 2023RentedRenewal
AED 89,700/yr12 months · AED 70 per sqft
25 Apr 2022RentedRenewal
AED 78,000/yr12 months · AED 61 per sqft
25 Apr 2021RentedRenewal
AED 71,700/yr12 months · AED 56 per sqft
25 Apr 2020RentedNew contract
AED 82,500/yr12 months · AED 65 per sqft
25 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
1 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
23 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
35th of 42
Parking
B63
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 599K · November 2007
Building
Amwaj 4

About 3508, Amwaj 4

3508 is a two-bedroom apartment of 1,277 sqft on the 35th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 November 2007 for AED 599,000, or AED 469 per sqft, 4% below the AED 489 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 98,670 a year: a gross yield of 16.5% on the 2007 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3508 over time

Sales
Unit 3508, 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 2007: AED 599,000 (AED 469 per sqft)

3508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3508, 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 94,500 a yearNew contract, April 2014: AED 108,675 a yearNew contract, June 2015: AED 130,000 a yearNew contract, June 2016: AED 130,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, February 2018: AED 110,000 a yearNew contract, April 2019: AED 90,000 a yearNew contract, April 2020: AED 82,500 a yearRenewal, April 2021: AED 71,700 a yearRenewal, April 2022: AED 78,000 a yearRenewal, April 2023: AED 89,700 a yearRenewal, April 2024: AED 98,670 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 3508 sits

All 172 2-beds →

3508 last sold in November 2007 at AED 469 per sqft, 4% below what two-beds in Amwaj 4 were fetching at the time (AED 489). 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. 3508's AED 98,670 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 35th floor

All 296 units in Amwaj 4
Value
35012-bedAED 2.1M · Mar 2024
35022-bedAED 750K · Jan 2013
35032-bedAED 599K · Jan 2013
35042-bedAED 2.6M · Oct 2025
35052-bedAED 1.1M · Jan 2010
35062-bedAED 1.68M · Nov 2018
35072-bedAED 2.1M · Apr 2024

3508, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 12 November 2007 for AED 599,000, or AED 469 per sqft.
  • Rented since April 2013 on 12 Ejari contracts. The rent fell from AED 94,500 to AED 71,700 in 2021 and recovered to AED 98,670 by April 2024.
  • At AED 98,670 a year the gross yield on the 2007 price is 16.5%, 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 25 April 2024.

Questions about 3508, Amwaj 4

What did unit 3508 last sell for?

AED 599,000 on 12 November 2007, sold by the developer: AED 469 per sqft for 1,277 sqft. It is the only registered sale of the unit.

What is the rent for unit 3508?

AED 98,670 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 89,700; the unit has been rented since April 2013.

How big is unit 3508?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 35th floor of a 42-storey tower completed in 2007.

What is unit 3508 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 3508, Amwaj 4

Starts from the last sale price (AED 599K, 12 November 2007). 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 →