4001, Rimal 2
Sold prices and rental history: sold twice, last in August 2016, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4001, Rimal 2
What is 4001 worth today?
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Source: Dubai Land Department. Updated 8 August 2016.
Key facts
- Type
- Penthouse apartment
- Size
- 5,714 sqft
- Floor
- 40th of 40
- Parking
- G222/G223
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 105,000 /yr
- Last sold
- AED 8.85M · August 2016
- Building
- Rimal 2
About 4001, Rimal 2
4001 is a penthouse of 5,714 sqft on the 40th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 August 2016 for AED 8,850,000, or AED 1,548 per sqft.
One Ejari contract is registered, from 1 November 2013. The current contract, signed on 1 November 2013, is AED 450,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 105,000 a year.
Sales and rents for 4001 over time
4001 has sold twice; the dashed line is the penthouse median of each year in the building.
Penthouses in Rimal 2, and where 4001 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202119 May 2021 | 2,186 sqft | 2,298,936 | 1,051 | ||
| 22 May 201622 May 2016 | 2,192 sqft | 6,300,000 | 2,873 | ||
| 30 Sep 201430 September 2014 | 2,203 sqft | 3,000,000 | 1,362 | ||
| 14 Feb 201214 February 2012 | 5,714 sqft | 6,000,000 | 1,050 |
Rimal 2
Building156 apartments, studios to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,636 Up 1.4%
- Typical sale
- AED 2.8M
- Typical rent
- AED 125K /yr
- Typical yield
- 5.6%
Other units on the 40th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4002 | Penthouse | 5,714 sqft | AED 6MAED 6,000,000 · Feb 2012February 2012 | 165,000 /yr |
4001, Rimal 2 in numbers
- Sold twice: first on 29 May 2008 for AED 3,960,000, last on 8 August 2016 for AED 8,850,000 (AED 1,548 per sqft).
- Rented since November 2013 on one Ejari contract, at AED 450,000 a year.
- At AED 450,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 105,000 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 8 August 2016.
Questions about 4001, Rimal 2
What did unit 4001 last sell for?
AED 8,850,000 on 8 August 2016: AED 1,548 per sqft for 5,714 sqft. The unit has 2 registered sales; the first was AED 3,960,000 in May 2008.
What is the rent for unit 4001?
AED 450,000 a year on the contract signed on 1 November 2013.
How big is unit 4001?
5,714 sqft (530.8 sqm): a penthouse on the 40th floor of a 40-storey tower completed in 2007.
What is unit 4001 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 4001, Rimal 2
Starts from the last sale price (AED 8.85M, 8 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 8,850,000
- Deposit, UAE resident (20%)
- AED 1,770,000
- Deposit, non-resident (40%)
- AED 3,540,000
- Monthly over 25 years at 3.7%
- AED 36,208
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →