3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 14th floor · completed 2007

1402, Rimal 4

Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 3 October 2021
Last soldAED 1.85M3 October 2021
Current rentAED 110K /yr27 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Rimal 4

What is 1402 worth today?

Last sold for AED 1,850,000 in 2021

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3 Oct 2021SoldReady
AED 1,850,000AED 958 per sqft
27 Jul 2020RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
3 Feb 2019RentedNew contract
AED 138,000/yr12 months · AED 72 per sqft
23 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
4 May 2014RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
27 Mar 2014SoldReady
AED 2,700,000AED 1,399 per sqft
19 Nov 2013RentedRenewal
AED 150,000/yr12 months · AED 78 per sqft
19 Nov 2012RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 3 October 2021.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
14th of 37
Parking
B316/317
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 1.85M · October 2021
Building
Rimal 4

About 1402, Rimal 4

1402 is a three-bedroom apartment of 1,929 sqft on the 14th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2021 for AED 1,850,000, or AED 958 per sqft, 7% above the AED 894 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 27 July 2020, is AED 110,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical three-bed in Rimal 4
02M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 645,000; 2009 AED 699,000; 2010 AED 1,500,000; 2011 AED 2,400,000; 2012 AED 1,930,000; 2013 AED 2,462,500; 2014 AED 2,812,500; 2017 AED 2,600,000; 2021 AED 1,850,000; 2023 AED 2,450,000; 2024 AED 3,050,000; 2025 AED 3,150,000Sold, January 2008: AED 1,050,000 (AED 544 per sqft)Sold by developer, January 2008: AED 322,500 (AED 167 per sqft)Sold, March 2014: AED 2,700,000 (AED 1,399 per sqft)Sold, October 2021: AED 1,850,000 (AED 958 per sqft)

1402 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1402, each contractTypical three-bed in Rimal 4
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 146,000; 2014 AED 154,171; 2015 AED 170,000; 2016 AED 168,000; 2017 AED 163,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 115,000; 2022 AED 126,250; 2023 AED 141,725; 2024 AED 162,750; 2025 AED 179,250; 2026 AED 162,000New contract, November 2012: AED 140,000 a yearRenewal, November 2013: AED 150,000 a yearNew contract, May 2014: AED 120,000 a yearNew contract, December 2017: AED 150,000 a yearNew contract, February 2019: AED 138,000 a yearNew contract, July 2020: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 4, and where 1402 sits

All 73 3-beds →

1402 last sold in October 2021 at AED 958 per sqft, 7% above what three-beds in Rimal 4 were fetching at the time (AED 894). Over the last 12 months three-beds sold for AED 3,128,000, around AED 1,621 per sqft, and rent for AED 140,000 to 220,000 a year. 1402's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20263,128,000
2 Jul 20253,150,000
9 May 20252,630,000
17 Mar 20253,725,000
1 3-bed sale in the last 12 months

Rimal 4

Building

243 apartments, studios to 4-bed over 37 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,628
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
5.7%
Rimal 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 14th floor

All 243 units in Rimal 4
Value
14013-bedAED 645K · Jul 2010
14032-bedAED 599K · Aug 2008
14042-bedAED 3.07M · May 2014
14052-bedAED 1.3M · May 2012
14062-bedAED 1.85M · Aug 2013
14073-bedAED 699K · Sep 2007
14083-bedAED 699K · Sep 2007

1402, Rimal 4 in numbers

  • Sold 4 times: first on 8 January 2008 for AED 322,500, last on 3 October 2021 for AED 1,850,000 (AED 958 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 140,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 33,100 a year (AED 17.18 per sqft).
  • Three-beds in Rimal 4 sold for AED 3,128,000–3,128,000 in the 12 months to November 2026; the building's median across all types is AED 1,628 per sqft.

Source: Dubai Land Department. Updated 3 October 2021.

Questions about 1402, Rimal 4

What did unit 1402 last sell for?

AED 1,850,000 on 3 October 2021: AED 958 per sqft for 1,929 sqft. The unit has 4 registered sales; the first was AED 322,500 in January 2008.

What is the rent for unit 1402?

AED 110,000 a year on the contract signed on 27 July 2020. The previous contract, from February 2019, was AED 138,000; the unit has been rented since November 2012.

How big is unit 1402?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 14th floor of a 37-storey tower completed in 2007.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 4 sold for AED 3,128,000 to 3,128,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 1402, Rimal 4

Starts from the last sale price (AED 1.85M, 3 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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