2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 15th floor · completed 2007

1503, Rimal 4

Sold prices and rental history: sold once, by the developer in January 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 11 January 2016
Last soldAED 599K11 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Rimal 4

What is 1503 worth today?

Last sold for AED 599,000 in 2016

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11 Jan 2016Sold by developerReady
AED 599,000AED 430 per sqft

Source: Dubai Land Department. Updated 11 January 2016.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
15th of 37
Parking
M370
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 599K · January 2016
Building
Rimal 4

About 1503, Rimal 4

1503 is a two-bedroom apartment of 1,392 sqft on the 15th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 January 2016 for AED 599,000, or AED 430 per sqft, 70% below the AED 1,451 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 2016: AED 599,000 (AED 430 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, 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 130,000

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 1503 sits

All 89 2-beds →

1503 last sold in January 2016 at AED 430 per sqft, 70% below what two-beds in Rimal 4 were fetching at the time (AED 1,451). 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.

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 15th floor

All 243 units in Rimal 4
Value
15013-bedAED 2M · Jan 2014
15023-bedAED 645K · Jan 2008
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

1503, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 11 January 2016 for AED 599,000, or AED 430 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 11 January 2016.

Questions about 1503, Rimal 4

What did unit 1503 last sell for?

AED 599,000 on 11 January 2016, sold by the developer: AED 430 per sqft for 1,392 sqft. It is the only registered sale of the unit.

How big is unit 1503?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2007.

What is unit 1503 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 1503, Rimal 4

Starts from the last sale price (AED 599K, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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