2-bed · 1,425 sqftRimal 1, Jumeirah Beach Residence · 44th floor · completed 2007

4404, Rimal 1

Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4404 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 1.43M15 June 2021
Current rentAED 130K /yr10 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4404, Rimal 1

What is 4404 worth today?

Last sold for AED 1,425,000 in 2021

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15 Jun 2021SoldReady
AED 1,425,000AED 1,000 per sqft
10 Nov 2017RentedRenewal
AED 130,000/yr36 months · AED 91 per sqft
10 Nov 2016RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
10 Nov 2012RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
6 May 2008SoldReady
AED 1,852,370AED 1,299 per sqft
2 Apr 2008Sold by developerReady
AED 1,097,350AED 770 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
44th of 47
Parking
M605
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,400 /yr
Last sold
AED 1.43M · June 2021
Building
Rimal 1

About 4404, Rimal 1

4404 is a two-bedroom apartment of 1,425 sqft on the 44th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 June 2021 for AED 1,425,000, or AED 1,000 per sqft, 4% above the AED 960 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 10 November 2017, is AED 130,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 22,400 a year.

Sales and rents for 4404 over time

Sales
Unit 4404, 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, April 2008: AED 1,097,350 (AED 770 per sqft)Sold, May 2008: AED 1,852,370 (AED 1,299 per sqft)Sold, June 2021: AED 1,425,000 (AED 1,000 per sqft)

4404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4404, 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, November 2012: AED 120,000 a yearNew contract, November 2016: AED 130,000 a yearRenewal, November 2017: AED 130,000 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 4404 sits

All 211 2-beds →

4404 last sold in June 2021 at AED 1,000 per sqft, 4% above what two-beds in Rimal 1 were fetching at the time (AED 960). 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. 4404's AED 130,000 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. 18 sold in the last 12 months.

Typical price per sqft
AED 1,478 Up 1.4%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.2%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 44th floor

All 310 units in Rimal 1
Value
44012-bedAED 599K · Aug 2008
44022-bedAED 2.65M · Jan 2015
44032-bedAED 1.6M · Aug 2012

4404, Rimal 1 in numbers

  • Sold 3 times: first on 2 April 2008 for AED 1,097,350, last on 15 June 2021 for AED 1,425,000 (AED 1,000 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 9.1%, 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 1,478 per sqft.

Source: Dubai Land Department. Updated 15 June 2021.

Questions about 4404, Rimal 1

What did unit 4404 last sell for?

AED 1,425,000 on 15 June 2021: AED 1,000 per sqft for 1,425 sqft. The unit has 3 registered sales; the first was AED 1,097,350 in April 2008.

What is the rent for unit 4404?

AED 130,000 a year on the contract renewed on 10 November 2017. The previous contract, from November 2016, was AED 130,000; the unit has been rented since November 2012.

How big is unit 4404?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 44th floor of a 47-storey tower completed in 2007.

What is unit 4404 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 4404, Rimal 1

Starts from the last sale price (AED 1.43M, 15 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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