4701, Rimal 1
Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4701, Rimal 1
What is 4701 worth today?
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Source: Dubai Land Department. Updated 25 April 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 5,888 sqft
- Floor
- 47th of 47
- Parking
- M577/ M578
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 92,600 /yr
- Last sold
- AED 8M · April 2022
- Building
- Rimal 1
About 4701, Rimal 1
4701 is a four-bedroom apartment of 5,888 sqft on the 47th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 April 2022 for AED 8,000,000, or AED 1,358 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 28 September 2021, is AED 225,000 a year: a gross yield of 2.8% on the 2022 price, before the service charge of about AED 92,600 a year.
4-beds in Rimal 1, and where 4701 sits
All 6 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202412 December 2024 | 5,954 sqft | 8,000,000 | 1,343 | ||
| 25 Jan 202425 January 2024 | 5,062 sqft | 6,095,735 | 1,204 | ||
| 24 Feb 202324 February 2023 | 4,191 sqft | 5,050,000 | 1,204 | ||
| 20 Jun 202120 June 2021 | 5,168 sqft | 9,700,000 | 1,876 |
Rimal 1
Building310 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%
Other units on the 47th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4702 | 4-bed | 5,954 sqft | AED 8MAED 8,000,000 · Dec 2024December 2024 | 200,000 /yr |
4701, Rimal 1 in numbers
- Sold 3 times: first on 13 July 2008 for AED 2,440,000, last on 25 April 2022 for AED 8,000,000 (AED 1,358 per sqft).
- Rented since September 2013 on 8 Ejari contracts, from AED 400,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2022 price is 2.8%, before a service charge of about AED 92,600 a year (AED 15.73 per sqft).
Source: Dubai Land Department. Updated 25 April 2022.
Questions about 4701, Rimal 1
What did unit 4701 last sell for?
AED 8,000,000 on 25 April 2022: AED 1,358 per sqft for 5,888 sqft. The unit has 3 registered sales; the first was AED 2,440,000 in July 2008.
What is the rent for unit 4701?
AED 225,000 a year on the contract renewed on 28 September 2021. The previous contract, from September 2020, was AED 225,000; the unit has been rented since September 2013.
How big is unit 4701?
5,888 sqft (547.0 sqm): a four-bedroom apartment on the 47th floor of a 47-storey tower completed in 2007.
What is unit 4701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4701, Rimal 1
Starts from the last sale price (AED 8M, 25 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →