1-bed · 1,170 sqftAmwaj 4, Jumeirah Beach Residence · 5th floor · completed 2007

503, Amwaj 4

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 11 November 2021
Last soldAED 1M11 November 2021
Current rentAED 55K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Amwaj 4

What is 503 worth today?

Last sold for AED 1,000,000 in 2021

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11 Nov 2021SoldReady
AED 1,000,000AED 854 per sqft
15 Nov 2020RentedNew contract
AED 55,000/yr13 months · AED 47 per sqft
25 Sep 2019RentedNew contract
AED 79,000/yr12 months · AED 67 per sqft
25 Sep 2018RentedNew contract
AED 81,000/yr12 months · AED 69 per sqft
27 Oct 2016RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
27 Oct 2015RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
27 Oct 2014RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
27 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 11 November 2021.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
5th of 42
Parking
B177
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1M · November 2021
Building
Amwaj 4

About 503, Amwaj 4

503 is a one-bedroom apartment of 1,170 sqft on the 5th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 November 2021 for AED 1,000,000, or AED 854 per sqft, in line with the AED 854 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 15 November 2020, is AED 55,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 19,100 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Amwaj 4
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,200,000; 2008 AED 1,182,500; 2009 AED 1,165,000; 2011 AED 1,165,000; 2012 AED 1,135,000; 2013 AED 1,380,000; 2014 AED 1,432,500; 2015 AED 1,165,000; 2016 AED 1,315,000; 2021 AED 1,005,000; 2023 AED 1,500,000; 2024 AED 1,812,500; 2025 AED 1,700,000; 2026 AED 1,660,000Sold by developer, January 2009: AED 475,000 (AED 406 per sqft)Sold, November 2021: AED 1,000,000 (AED 854 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Amwaj 4
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 105,000; 2015 AED 100,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 92,000; 2019 AED 78,000; 2020 AED 67,000; 2021 AED 64,000; 2022 AED 74,625; 2023 AED 80,850; 2024 AED 87,665; 2025 AED 95,000; 2026 AED 90,000New contract, November 2012: AED 80,000 a yearNew contract, October 2013: AED 100,000 a yearNew contract, October 2014: AED 100,000 a yearRenewal, October 2015: AED 105,000 a yearRenewal, October 2016: AED 105,000 a yearNew contract, September 2018: AED 81,000 a yearNew contract, September 2019: AED 79,000 a yearNew contract, November 2020: AED 55,000 a year

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

1-beds in Amwaj 4, and where 503 sits

All 57 1-beds →

503 last sold in November 2021 at AED 854 per sqft, in line with what one-beds in Amwaj 4 were fetching at the time (AED 854). Over the last 12 months one-beds sold for AED 1,650,000 to 1,800,000, around AED 1,419 per sqft, and rent for AED 75,600 to 165,000 a year. 503's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 20261,800,000
16 Feb 20261,660,000
7 Jan 20261,650,000
13 Oct 20251,700,000
3 1-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
5013-bedAED 1.22M · Apr 2008
5023-bedAED 2.59M · Apr 2008
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

503, Amwaj 4 in numbers

  • Sold twice: first on 12 January 2009 for AED 475,000, last on 11 November 2021 for AED 1,000,000 (AED 854 per sqft).
  • Rented since November 2012 on 8 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 19,100 a year (AED 16.30 per sqft).
  • One-beds in Amwaj 4 sold for AED 1,650,000–1,800,000 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 11 November 2021.

Questions about 503, Amwaj 4

What did unit 503 last sell for?

AED 1,000,000 on 11 November 2021: AED 854 per sqft for 1,170 sqft. The unit has 2 registered sales; the first was AED 475,000 in January 2009.

What is the rent for unit 503?

AED 55,000 a year on the contract signed on 15 November 2020. The previous contract, from September 2019, was AED 79,000; the unit has been rented since November 2012.

How big is unit 503?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2007.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Amwaj 4 sold for AED 1,650,000 to 1,800,000 in the last 12 months, around AED 1,419 per sqft.

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Mortgage on 503, Amwaj 4

Starts from the last sale price (AED 1M, 11 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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