2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 14th floor · completed 2007

1405, Rimal 4

Sold prices and rental history: sold 3 times, last in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.3M22 May 2012
Current rentAED 89K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Rimal 4

What is 1405 worth today?

Last sold for AED 1,300,000 in 2012

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15 Aug 2023RentedNew contract
AED 88,550/yr12 months · AED 64 per sqft
15 Aug 2018RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
15 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 83 per sqft
21 Mar 2016RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
4 Feb 2015RentedRenewal
AED 121,275/yr12 months · AED 87 per sqft
4 Feb 2014RentedRenewal
AED 115,500/yr12 months · AED 83 per sqft
4 Feb 2013RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
22 May 2012SoldReady
AED 1,300,000AED 934 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
14th of 37
Parking
B401
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 1.3M · May 2012
Building
Rimal 4

About 1405, Rimal 4

1405 is a two-bedroom apartment of 1,392 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 22 May 2012 for AED 1,300,000, or AED 934 per sqft, in line with the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 August 2023, is AED 88,550 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in Rimal 4
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,228,350; 2010 AED 1,550,000; 2011 AED 1,250,000; 2012 AED 1,300,000; 2013 AED 1,700,000; 2014 AED 2,700,000; 2015 AED 1,953,506; 2016 AED 1,677,250; 2018 AED 2,000,000; 2019 AED 1,441,250; 2020 AED 1,505,000; 2021 AED 1,275,000; 2022 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,550,000; 2026 AED 2,300,000Sold by developer, January 2008: AED 550,000 (AED 395 per sqft)Sold, March 2008: AED 1,700,000 (AED 1,221 per sqft)Sold, May 2012: AED 1,300,000 (AED 934 per sqft)

1405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Rimal 4
100K125K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 112,404; 2014 AED 130,100; 2015 AED 140,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 109,685; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 95,900; 2023 AED 110,000; 2024 AED 123,014; 2025 AED 129,000; 2026 AED 130,000New contract, February 2013: AED 110,000 a yearRenewal, February 2014: AED 115,500 a yearRenewal, February 2015: AED 121,275 a yearNew contract, March 2016: AED 125,000 a yearNew contract, August 2017: AED 115,000 a yearRenewal, August 2018: AED 90,000 a yearNew contract, August 2023: AED 88,550 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 4, and where 1405 sits

All 89 2-beds →

1405 last sold in May 2012 at AED 934 per sqft, in line with what two-beds in Rimal 4 were fetching at the time (AED 934). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,759 per sqft, and rent for AED 100,000 to 290,000 a year. 1405's AED 88,550 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20262,100,000
17 Apr 20262,000,000
26 Mar 20262,650,000
16 Jan 20262,500,000
4 2-bed sales 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
14023-bedAED 1.85M · Oct 2021
14032-bedAED 599K · Aug 2008
14042-bedAED 3.07M · May 2014
14062-bedAED 1.85M · Aug 2013
14073-bedAED 699K · Sep 2007
14083-bedAED 699K · Sep 2007

1405, Rimal 4 in numbers

  • Sold 3 times: first on 2 January 2008 for AED 550,000, last on 22 May 2012 for AED 1,300,000 (AED 934 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 110,000 to AED 88,550 a year.
  • At AED 88,550 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 23,900 a year (AED 17.18 per sqft).
  • Two-beds in Rimal 4 sold for AED 2,000,000–2,650,000 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 15 August 2023.

Questions about 1405, Rimal 4

What did unit 1405 last sell for?

AED 1,300,000 on 22 May 2012: AED 934 per sqft for 1,392 sqft. The unit has 3 registered sales; the first was AED 550,000 in January 2008.

What is the rent for unit 1405?

AED 88,550 a year on the contract signed on 15 August 2023. The previous contract, from August 2018, was AED 90,000; the unit has been rented since February 2013.

How big is unit 1405?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 14th floor of a 37-storey tower completed in 2007.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 4 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,759 per sqft.

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Mortgage on 1405, Rimal 4

Starts from the last sale price (AED 1.3M, 22 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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