3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 15th floor · completed 2007

1501, Rimal 4

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2M27 January 2014
Current rentAED 138K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Rimal 4

What is 1501 worth today?

Last sold for AED 2,000,000 in 2014

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1 Nov 2024RentedRenewal
AED 138,201/yr12 months · AED 72 per sqft
1 Nov 2023RentedRenewal
AED 120,175/yr12 months · AED 62 per sqft
1 Nov 2022RentedRenewal
AED 109,250/yr12 months · AED 57 per sqft
1 Nov 2021RentedRenewal
AED 95,000/yr12 months · AED 49 per sqft
1 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
18 Dec 2019RentedRenewal
AED 150,000/yr1 months · AED 78 per sqft
18 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 78 per sqft
18 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
15th of 37
Parking
M222-3
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 2M · January 2014
Building
Rimal 4

About 1501, Rimal 4

1501 is a three-bedroom apartment of 1,929 sqft on the 15th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 January 2014 for AED 2,000,000, or AED 1,036 per sqft, 17% below the AED 1,244 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 138,201 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in Rimal 4
2M2007201220172022Typical 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 by developer, February 2008: AED 645,000 (AED 334 per sqft)Sold, January 2014: AED 2,000,000 (AED 1,036 per sqft)

1501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, 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, April 2014: AED 180,000 a yearNew contract, April 2015: AED 180,000 a yearNew contract, July 2016: AED 160,000 a yearNew contract, December 2017: AED 150,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, December 2019: AED 150,000 a yearNew contract, November 2020: AED 95,000 a yearRenewal, November 2021: AED 95,000 a yearRenewal, November 2022: AED 109,250 a yearRenewal, November 2023: AED 120,175 a yearRenewal, November 2024: AED 138,201 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 1501 sits

All 73 3-beds →

1501 last sold in January 2014 at AED 1,036 per sqft, 17% below what three-beds in Rimal 4 were fetching at the time (AED 1,244). 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. 1501's AED 138,201 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 15th floor

All 243 units in Rimal 4
Value
15023-bedAED 645K · Jan 2008
15032-bedAED 599K · Jan 2016
15042-bedAED 1.8M · Jun 2019
15052-bedAED 1.32M · Jul 2019
15062-bedAED 2.35M · Nov 2024
15073-bedAED 3.66M · Oct 2013
15083-bedAED 699K · Jan 2009

1501, Rimal 4 in numbers

  • Sold twice: first on 17 February 2008 for AED 645,000, last on 27 January 2014 for AED 2,000,000 (AED 1,036 per sqft).
  • Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 95,000 in 2021 and recovered to AED 138,201 by November 2024.
  • At AED 138,201 a year the gross yield on the 2014 price is 6.9%, 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 1 November 2024.

Questions about 1501, Rimal 4

What did unit 1501 last sell for?

AED 2,000,000 on 27 January 2014: AED 1,036 per sqft for 1,929 sqft. The unit has 2 registered sales; the first was AED 645,000 in February 2008.

What is the rent for unit 1501?

AED 138,201 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 120,175; the unit has been rented since April 2014.

How big is unit 1501?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 15th floor of a 37-storey tower completed in 2007.

What is unit 1501 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 1501, Rimal 4

Starts from the last sale price (AED 2M, 27 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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