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

1507, Rimal 4

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 15 December 2021
Last soldAED 3.66M3 October 2013
Current rentAED 139K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Rimal 4

What is 1507 worth today?

Last sold for AED 3,660,000 in 2013

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15 Dec 2021RentedRenewal
AED 139,358/yr11 months · AED 72 per sqft
15 Dec 2020RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
28 Dec 2018RentedRenewal
AED 190,000/yr12 months · AED 99 per sqft
28 Dec 2017RentedNew contract
AED 190,000/yr12 months · AED 99 per sqft
15 Dec 2016RentedNew contract
AED 210,000/yr12 months · AED 109 per sqft
3 Oct 2013SoldReady
AED 3,660,000AED 1,897 per sqft
11 Sep 2007Sold by developerReady
AED 699,000AED 362 per sqft

Source: Dubai Land Department. Updated 15 December 2021.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
15th of 37
Parking
M220-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 3.66M · October 2013
Building
Rimal 4

About 1507, Rimal 4

1507 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 3 October 2013 for AED 3,660,000, or AED 1,897 per sqft, 68% above the AED 1,127 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 139,358 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical three-bed in Rimal 4
2M4M2007201220172022Typical 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, September 2007: AED 699,000 (AED 362 per sqft)Sold, October 2013: AED 3,660,000 (AED 1,897 per sqft)

1507 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1507, each contractTypical three-bed in Rimal 4
100K150K200K2012201620202024Typical 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, December 2016: AED 210,000 a yearNew contract, December 2017: AED 190,000 a yearRenewal, December 2018: AED 190,000 a yearNew contract, December 2020: AED 140,000 a yearRenewal, December 2021: AED 139,358 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 1507 sits

All 73 3-beds →

1507 last sold in October 2013 at AED 1,897 per sqft, 68% above what three-beds in Rimal 4 were fetching at the time (AED 1,127). 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. 1507's AED 139,358 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
15013-bedAED 2M · Jan 2014
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
15083-bedAED 699K · Jan 2009

1507, Rimal 4 in numbers

  • Sold twice: first on 11 September 2007 for AED 699,000, last on 3 October 2013 for AED 3,660,000 (AED 1,897 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 210,000 to AED 139,358 a year.
  • At AED 139,358 a year the gross yield on the 2013 price is 3.8%, 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 15 December 2021.

Questions about 1507, Rimal 4

What did unit 1507 last sell for?

AED 3,660,000 on 3 October 2013: AED 1,897 per sqft for 1,929 sqft. The unit has 2 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 1507?

AED 139,358 a year on the contract renewed on 15 December 2021. The previous contract, from December 2020, was AED 140,000; the unit has been rented since December 2016.

How big is unit 1507?

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 1507 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 1507, Rimal 4

Starts from the last sale price (AED 3.66M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,660,000
Deposit, UAE resident (20%)
AED 732,000
Deposit, non-resident (40%)
AED 1,464,000
Monthly over 25 years at 3.7%
AED 14,974

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