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2-bed · 1,425 sqftRimal 1, Jumeirah Beach Residence · 43rd floor · completed 2007

4302, Rimal 1

Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4302 · DLD and Ejari recordsUpdated 15 December 2021
Last soldAED 1.7M22 November 2009
Current rentAED 180K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4302, Rimal 1

What is 4302 worth today?

Last sold for AED 1,700,000 in 2009

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15 Dec 2021RentedRenewal
AED 180,000/yr2 months · AED 127 per sqft
15 Dec 2020RentedRenewal
AED 122,000/yr12 months · AED 86 per sqft
15 Dec 2019RentedRenewal
AED 140,000/yr12 months · AED 99 per sqft
15 Dec 2018RentedNew contract
AED 175,000/yr12 months · AED 123 per sqft
15 Jun 2017RentedNew contract
AED 180,000/yr12 months · AED 127 per sqft
2 May 2015RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
1 May 2014RentedNew contract
AED 69,812/yr12 months · AED 49 per sqft
22 Nov 2009SoldReady
AED 1,700,000AED 1,193 per sqft

Source: Dubai Land Department. Updated 15 December 2021.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
43rd of 47
Parking
B727
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,400 /yr
Last sold
AED 1.7M · November 2009
Building
Rimal 1

About 4302, Rimal 1

4302 is a two-bedroom apartment of 1,425 sqft on the 43rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 November 2009 for AED 1,700,000, or AED 1,193 per sqft, 57% above the AED 760 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 180,000 a year: a gross yield of 10.6% on the 2009 price, before the service charge of about AED 22,400 a year.

Sales and rents for 4302 over time

Sales
Unit 4302, each saleTypical two-bed in Rimal 1
01M2M20072012201720222027Typical 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 1,975,000Sold by developer, March 2008: AED 299,500 (AED 210 per sqft)Sold, November 2009: AED 1,700,000 (AED 1,193 per sqft)

4302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4302, each contractTypical two-bed in Rimal 1
50K100K150K2012201620202024Typical 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, May 2014: AED 69,812 a yearRenewal, May 2015: AED 70,000 a yearNew contract, June 2017: AED 180,000 a yearNew contract, December 2018: AED 175,000 a yearRenewal, December 2019: AED 140,000 a yearRenewal, December 2020: AED 122,000 a yearRenewal, December 2021: AED 180,000 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 4302 sits

All 211 2-beds →

4302 last sold in November 2009 at AED 1,193 per sqft, 57% above what two-beds in Rimal 1 were fetching at the time (AED 760). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,449 per sqft, and rent for AED 70,296 to 280,000 a year. 4302's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20262,000,000
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
13 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 130K /yr
Typical yield
6.4%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 43rd floor

All 310 units in Rimal 1
Value
43012-bedAED 1.6M · Mar 2012
43032-bedAED 1.5M · Mar 2012
43042-bedAED 2.53M · Nov 2013

4302, Rimal 1 in numbers

  • Sold twice: first on 25 March 2008 for AED 299,500, last on 22 November 2009 for AED 1,700,000 (AED 1,193 per sqft).
  • Rented since May 2014 on 7 Ejari contracts, from AED 69,812 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2009 price is 10.6%, 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 15 December 2021.

Questions about 4302, Rimal 1

What did unit 4302 last sell for?

AED 1,700,000 on 22 November 2009: AED 1,193 per sqft for 1,425 sqft. The unit has 2 registered sales; the first was AED 299,500 in March 2008.

What is the rent for unit 4302?

AED 180,000 a year on the contract renewed on 15 December 2021. The previous contract, from December 2020, was AED 122,000; the unit has been rented since May 2014.

How big is unit 4302?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 43rd floor of a 47-storey tower completed in 2007.

What is unit 4302 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 1,449 per sqft.

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Mortgage on 4302, Rimal 1

Starts from the last sale price (AED 1.7M, 22 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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