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

4303, Rimal 1

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4303 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 1.5M14 March 2012
Current rentAED 145K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4303, Rimal 1

What is 4303 worth today?

Last sold for AED 1,500,000 in 2012

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27 Aug 2024RentedNew contract
AED 145,000/yr12 months · AED 102 per sqft
28 Feb 2024RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
28 Feb 2023RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
28 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
28 Feb 2021RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
28 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
28 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
1 Sep 2018RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
43rd of 47
Parking
M589
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,400 /yr
Last sold
AED 1.5M · March 2012
Building
Rimal 1

About 4303, Rimal 1

4303 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 14 March 2012 for AED 1,500,000, or AED 1,052 per sqft, 15% above the AED 912 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 27 August 2024, is AED 145,000 a year: a gross yield of 9.7% on the 2012 price, before the service charge of about AED 22,400 a year.

Sales and rents for 4303 over time

Sales
Unit 4303, 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 1,975,000Sold by developer, October 2007: AED 599,000 (AED 420 per sqft)Sold, March 2012: AED 1,500,000 (AED 1,052 per sqft)

4303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4303, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical 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, July 2015: AED 130,000 a yearRenewal, July 2016: AED 130,000 a yearRenewal, July 2017: AED 125,000 a yearNew contract, September 2018: AED 105,000 a yearNew contract, February 2019: AED 105,000 a yearRenewal, February 2020: AED 100,000 a yearRenewal, February 2021: AED 90,000 a yearRenewal, February 2022: AED 100,000 a yearRenewal, February 2023: AED 120,000 a yearRenewal, February 2024: AED 125,000 a yearNew contract, August 2024: AED 145,000 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 4303 sits

All 211 2-beds →

4303 last sold in March 2012 at AED 1,052 per sqft, 15% above what two-beds in Rimal 1 were fetching at the time (AED 912). 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. 4303's AED 145,000 is in the lower 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
43022-bedAED 1.7M · Nov 2009
43042-bedAED 2.53M · Nov 2013

4303, Rimal 1 in numbers

  • Sold twice: first on 15 October 2007 for AED 599,000, last on 14 March 2012 for AED 1,500,000 (AED 1,052 per sqft).
  • Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 145,000 by August 2024.
  • At AED 145,000 a year the gross yield on the 2012 price is 9.7%, 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 27 August 2024.

Questions about 4303, Rimal 1

What did unit 4303 last sell for?

AED 1,500,000 on 14 March 2012: AED 1,052 per sqft for 1,425 sqft. The unit has 2 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 4303?

AED 145,000 a year on the contract signed on 27 August 2024. The previous contract, from February 2024, was AED 125,000; the unit has been rented since July 2015.

How big is unit 4303?

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 4303 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 4303, Rimal 1

Starts from the last sale price (AED 1.5M, 14 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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