3-bed · 1,838 sqftAmwaj 4, Jumeirah Beach Residence · 7th floor · completed 2007

701, Amwaj 4

Sold prices and rental history: sold 5 times, last in November 2015, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 5 November 2015
Last soldAED 2.3M5 November 2015
Current rentAED 120K /yr16 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Amwaj 4

What is 701 worth today?

Last sold for AED 2,300,000 in 2015

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5 Nov 2015SoldReady
AED 2,300,000AED 1,251 per sqft
6 Aug 2015SoldReady
AED 2,225,000AED 1,210 per sqft
16 Feb 2014RentedNew contract
AED 119,644/yr12 months · AED 65 per sqft
18 Aug 2008SoldReady
AED 3,600,000AED 1,958 per sqft
8 Apr 2008SoldReady
AED 2,000,000AED 1,088 per sqft
12 Nov 2007Sold by developerReady
AED 699,000AED 380 per sqft

Source: Dubai Land Department. Updated 5 November 2015.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
7th of 42
Parking
G1/2
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 2.3M · November 2015
Building
Amwaj 4

About 701, Amwaj 4

701 is a three-bedroom apartment of 1,838 sqft on the 7th floor of Amwaj 4, a 42-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 November 2015 for AED 2,300,000, or AED 1,251 per sqft, in line with the AED 1,231 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 February 2014. The current contract, signed on 16 February 2014, is AED 119,644 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 30,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Amwaj 4
2M4M20072012201720222027Typical 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, November 2007: AED 699,000 (AED 380 per sqft)Sold, April 2008: AED 2,000,000 (AED 1,088 per sqft)Sold, August 2008: AED 3,600,000 (AED 1,958 per sqft)Sold, August 2015: AED 2,225,000 (AED 1,210 per sqft)Sold, November 2015: AED 2,300,000 (AED 1,251 per sqft)

701 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 701, 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, February 2014: AED 119,644 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 701 sits

All 62 3-beds →

701 last sold in November 2015 at AED 1,251 per sqft, in line with what three-beds in Amwaj 4 were fetching at the time (AED 1,231). 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. 701's AED 119,644 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 7th floor

All 296 units in Amwaj 4
Value
7023-bedAED 2.5M · Mar 2015
7031-bedAED 1.54M · Dec 2024
7041-bedAED 1.01M · May 2021
7051-bedAED 1.24M · Oct 2022
7061-bedAED 1.4M · Dec 2016
7073-bedAED 2.45M · Jul 2017
7083-bedAED 1.47M · Mar 2008

701, Amwaj 4 in numbers

  • Sold 5 times: first on 12 November 2007 for AED 699,000, last on 5 November 2015 for AED 2,300,000 (AED 1,251 per sqft).
  • Rented since February 2014 on one Ejari contract, at AED 119,644 a year.
  • At AED 119,644 a year the gross yield on the 2015 price is 5.2%, 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 5 November 2015.

Questions about 701, Amwaj 4

What did unit 701 last sell for?

AED 2,300,000 on 5 November 2015: AED 1,251 per sqft for 1,838 sqft. The unit has 5 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 701?

AED 119,644 a year on the contract signed on 16 February 2014.

How big is unit 701?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 7th floor of a 42-storey tower completed in 2007.

What is unit 701 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 701, Amwaj 4

Starts from the last sale price (AED 2.3M, 5 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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