L04, Rimal 1
Sold prices and rental history: sold once, by the developer in November 2012, 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 L04, Rimal 1
What is L04 worth today?
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Source: Dubai Land Department. Updated 23 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,313 sqft
- Floor
- Ground of 47
- Parking
- M596/ M597
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 805K · November 2012
- Building
- Rimal 1
About L04, Rimal 1
L04 is a one-bedroom apartment of 1,313 sqft on the ground floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 8 November 2012 for AED 805,000, or AED 613 per sqft.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 23 September 2026, is AED 115,000 a year: a gross yield of 14.3% on the 2012 price, before the service charge of about AED 20,700 a year.
Sales and rents for L04 over time
L04 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 1, and where L04 sits
All 37 1-beds →Over the last 12 months one-beds sold for AED 3,000,000, around AED 1,806 per sqft, and rent for AED 70,000 to 210,000 a year. L04's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,661 sqft | 3,000,000 | 1,806 | ||
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 |
Rimal 1
Building310 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%
Other units on the ground floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| L01 | 1-bed | 2,121 sqft | AED 1.6MAED 1,600,000 · May 2011May 2011 | 295,000 /yr | |
| L02 | 1-bed | 2,121 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 270,000 /yr | |
| L03 | 1-bed | 1,661 sqft | AED 3MAED 3,000,000 · Aug 2026August 2026 | 187,000 /yr | |
| L05 | 1-bed | 1,661 sqft | AED 1.5MAED 1,500,000 · Nov 2019November 2019 | 210,000 /yr | |
| LP1 | 4-bed | 5,062 sqft | AED 6.1MAED 6,095,735 · Jan 2024January 2024 | 1,080,000 /yr | |
| LP2 | 3-bed | 3,090 sqft | AED 3.98MAED 3,980,000 · Mar 2024March 2024 | ||
| LP4 | 4-bed | 4,191 sqft | AED 5.05MAED 5,050,000 · Feb 2023February 2023 |
L04, Rimal 1 in numbers
- Sold once: by Dubai Properties on 8 November 2012 for AED 805,000, or AED 613 per sqft.
- Rented since December 2013 on 14 Ejari contracts. The rent fell from AED 140,000 to AED 84,000 in 2021 and recovered to AED 115,000 by September 2026.
- At AED 115,000 a year the gross yield on the 2012 price is 14.3%, before a service charge of about AED 20,700 a year (AED 15.73 per sqft).
- One-beds in Rimal 1 sold for AED 3,000,000–3,000,000 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 23 September 2026.
Questions about L04, Rimal 1
What did unit L04 last sell for?
AED 805,000 on 8 November 2012, sold by the developer: AED 613 per sqft for 1,313 sqft. It is the only registered sale of the unit.
What is the rent for unit L04?
AED 115,000 a year on the contract signed on 23 September 2026. The previous contract, from August 2025, was AED 135,000; the unit has been rented since December 2013.
How big is unit L04?
1,313 sqft (122.0 sqm): a one-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.
What is unit L04 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 1 sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 1,806 per sqft.
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Mortgage on L04, Rimal 1
Starts from the last sale price (AED 805K, 8 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 805,000
- Deposit, UAE resident (20%)
- AED 161,000
- Deposit, non-resident (40%)
- AED 322,000
- Monthly over 25 years at 3.7%
- AED 3,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →