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2-bed · 1,425 sqftRimal 1, Jumeirah Beach Residence · 42nd floor · completed 2007

4203, Rimal 1

Sold prices and rental history: sold once, by the developer in December 2007, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4203 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 599K6 December 2007
Current rentAED 95K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4203, Rimal 1

What is 4203 worth today?

Last sold for AED 599,000 in 2007

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1 Dec 2022RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
1 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
6 Dec 2007Sold by developerReady
AED 599,000AED 420 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
42nd of 47
Parking
M588
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,400 /yr
Last sold
AED 599K · December 2007
Building
Rimal 1

About 4203, Rimal 1

4203 is a two-bedroom apartment of 1,425 sqft on the 42nd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 6 December 2007 for AED 599,000, or AED 420 per sqft, 28% below the AED 583 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 95,000 a year: a gross yield of 15.9% on the 2007 price, before the service charge of about AED 22,400 a year.

Sales and rents for 4203 over time

Sales
Unit 4203, each saleTypical two-bed in Rimal 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,250,000; 2010 AED 1,440,000; 2011 AED 1,240,000; 2012 AED 1,375,000; 2013 AED 1,550,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,075,000; 2026 AED 1,950,000Sold by developer, December 2007: AED 599,000 (AED 420 per sqft)

4203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4203, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 109,844; 2013 AED 111,406; 2014 AED 126,500; 2015 AED 132,563; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 114,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 94,938; 2023 AED 120,500; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 126,000New contract, December 2021: AED 100,000 a yearRenewal, December 2022: AED 95,000 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 Rimal 1, and where 4203 sits

All 211 2-beds →

4203 last sold in December 2007 at AED 420 per sqft, 28% below what two-beds in Rimal 1 were fetching at the time (AED 583). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year. 4203's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
23 Sep 20261,900,000
12 2-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,449 Down 0.6%
Typical sale
AED 2.25M
Typical rent
AED 128K /yr
Typical yield
6.4%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 42nd floor

All 310 units in Rimal 1
Value
42012-bedAED 300K · Apr 2008
42022-bedAED 599K · Jan 2010
42042-bedAED 300K · Apr 2008

4203, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 6 December 2007 for AED 599,000, or AED 420 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 100,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2007 price is 15.9%, before a service charge of about AED 22,400 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 4203, Rimal 1

What did unit 4203 last sell for?

AED 599,000 on 6 December 2007, sold by the developer: AED 420 per sqft for 1,425 sqft. It is the only registered sale of the unit.

What is the rent for unit 4203?

AED 95,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 100,000.

How big is unit 4203?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 42nd floor of a 47-storey tower completed in 2007.

What is unit 4203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 1,682,377 to 3,150,000 in the last 12 months, around AED 1,478 per sqft.

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Mortgage on 4203, Rimal 1

Starts from the last sale price (AED 599K, 6 December 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 →