3-bed · 1,838 sqftAmwaj 4, Jumeirah Beach Residence · 5th floor · completed 2007

501, Amwaj 4

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 October 2019
Last soldAED 1.22M28 April 2008
Current rentAED 110K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Amwaj 4

What is 501 worth today?

Last sold for AED 1,220,000 in 2008

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1 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2016RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2015RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 60 per sqft
1 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft
1 Oct 2012RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 October 2019.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
5th of 42
Parking
G5/6
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 1.22M · April 2008
Building
Amwaj 4

About 501, Amwaj 4

501 is a three-bedroom apartment of 1,838 sqft on the 5th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 April 2008 for AED 1,220,000, or AED 663 per sqft, 10% above the AED 601 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 October 2019, is AED 110,000 a year: a gross yield of 9.0% on the 2008 price, before the service charge of about AED 30,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Amwaj 4
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 1,105,000; 2008 AED 1,344,375; 2009 AED 1,500,000; 2010 AED 1,738,070; 2012 AED 1,220,000; 2013 AED 2,025,000; 2014 AED 1,470,000; 2015 AED 2,300,000; 2017 AED 2,400,000; 2019 AED 1,530,000; 2020 AED 1,260,000; 2021 AED 1,590,000; 2022 AED 2,220,000; 2024 AED 2,412,500; 2025 AED 2,650,000; 2026 AED 2,900,000Sold by developer, April 2008: AED 1,220,000 (AED 663 per sqft)

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

Rents
Unit 501, each contractTypical three-bed in Amwaj 4
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 137,500; 2014 AED 142,500; 2015 AED 159,558; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 136,500; 2024 AED 142,075; 2025 AED 152,350; 2026 AED 152,250New contract, October 2012: AED 100,000 a yearNew contract, October 2013: AED 100,000 a yearNew contract, October 2014: AED 110,000 a yearRenewal, October 2015: AED 110,000 a yearRenewal, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Amwaj 4, and where 501 sits

All 62 3-beds →

501 last sold in April 2008 at AED 663 per sqft, 10% above what three-beds in Amwaj 4 were fetching at the time (AED 601). Over the last 12 months three-beds sold for AED 2,565,000 to 3,000,000, around AED 1,523 per sqft, and rent for AED 130,000 to 210,000 a year. 501's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,565,000
12 Aug 20263,000,000
12 Mar 20262,900,000
26 Dec 20252,700,000
4 3-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 5th floor

All 296 units in Amwaj 4
Value
5023-bedAED 2.59M · Apr 2008
5031-bedAED 1M · Nov 2021
5041-bedAED 475K · Dec 2008
5051-bedAED 1.17M · Jan 2016
5061-bedAED 1.67M · Jan 2009
5073-bedAED 2.65M · Sep 2024
5083-bedAED 2.9M · Mar 2026

501, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 28 April 2008 for AED 1,220,000, or AED 663 per sqft.
  • Rented since October 2012 on 8 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2008 price is 9.0%, before a service charge of about AED 30,000 a year (AED 16.30 per sqft).
  • Three-beds in Amwaj 4 sold for AED 2,565,000–3,000,000 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 1 October 2019.

Questions about 501, Amwaj 4

What did unit 501 last sell for?

AED 1,220,000 on 28 April 2008, sold by the developer: AED 663 per sqft for 1,838 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 110,000 a year on the contract renewed on 1 October 2019. The previous contract, from October 2018, was AED 110,000; the unit has been rented since October 2012.

How big is unit 501?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 5th floor of a 42-storey tower completed in 2007.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Amwaj 4 sold for AED 2,565,000 to 3,000,000 in the last 12 months, around AED 1,523 per sqft.

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Mortgage on 501, Amwaj 4

Starts from the last sale price (AED 1.22M, 28 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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