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

505, Amwaj 4

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 31 December 2023
Last soldAED 1.17M25 January 2016
Current rentAED 65K /yr31 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Amwaj 4

What is 505 worth today?

Last sold for AED 1,165,000 in 2016

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31 Dec 2023RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
31 Dec 2022RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
31 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 51 per sqft
31 Dec 2020RentedRenewal
AED 60,000/yr12 months · AED 51 per sqft
31 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
31 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
25 Jan 2016Sold by developerReady
AED 1,165,000AED 995 per sqft

Source: Dubai Land Department. Updated 31 December 2023.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
5th of 42
Parking
B175
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,100 /yr
Last sold
AED 1.17M · January 2016
Building
Amwaj 4

About 505, Amwaj 4

505 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. The developer sold it on 25 January 2016 for AED 1,165,000, or AED 995 per sqft, in line with the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 31 December 2023, is AED 65,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 19,100 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Amwaj 4
1M1.5M20072012201720222027Typical 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 2016: AED 1,165,000 (AED 995 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Amwaj 4
75K100K2012201620202024Typical 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, December 2018: AED 75,000 a yearRenewal, December 2019: AED 75,000 a yearRenewal, December 2020: AED 60,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, December 2022: AED 65,000 a yearRenewal, December 2023: AED 65,000 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 505 sits

All 57 1-beds →

505 last sold in January 2016 at AED 995 per sqft, in line with what one-beds in Amwaj 4 were fetching at the time (AED 995). 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. 505's AED 65,000 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
5031-bedAED 1M · Nov 2021
5041-bedAED 475K · Dec 2008
5061-bedAED 1.67M · Jan 2009
5073-bedAED 2.65M · Sep 2024
5083-bedAED 2.9M · Mar 2026

505, Amwaj 4 in numbers

  • Sold once: by Dubai Properties on 25 January 2016 for AED 1,165,000, or AED 995 per sqft.
  • Rented since December 2018 on 6 Ejari contracts, from AED 75,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 5.6%, 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 31 December 2023.

Questions about 505, Amwaj 4

What did unit 505 last sell for?

AED 1,165,000 on 25 January 2016, sold by the developer: AED 995 per sqft for 1,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 65,000 a year on the contract renewed on 31 December 2023. The previous contract, from December 2022, was AED 65,000; the unit has been rented since December 2018.

How big is unit 505?

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 505 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 505, Amwaj 4

Starts from the last sale price (AED 1.17M, 25 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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