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3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 16th floor · completed 2007

1602, Rimal 4

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 2.73M14 June 2024
Current rentAED 176K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1602, Rimal 4

What is 1602 worth today?

Last sold for AED 2,725,000 in 2024

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14 Jun 2024SoldReady
AED 2,725,000AED 1,412 per sqft
1 Mar 2023RentedNew contract
AED 175,504/yr12 months · AED 91 per sqft
21 Sep 2008SoldReady
AED 3,656,500AED 1,895 per sqft
28 Apr 2008Sold by developerReady
AED 645,000AED 334 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
16th of 37
Parking
B308-9
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 2.73M · June 2024
Building
Rimal 4

About 1602, Rimal 4

1602 is a three-bedroom apartment of 1,929 sqft on the 16th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 June 2024 for AED 2,725,000, or AED 1,412 per sqft, 16% above the AED 1,221 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2023. The current contract, signed on 1 March 2023, is AED 175,504 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, April 2008: AED 645,000 (AED 334 per sqft)Sold, September 2008: AED 3,656,500 (AED 1,895 per sqft)Sold, June 2024: AED 2,725,000 (AED 1,412 per sqft)

1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, each contractTypical three-bed in Rimal 4
150K2012201620202024Typical 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, March 2023: AED 175,504 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 1602 sits

All 73 3-beds →

1602 last sold in June 2024 at AED 1,412 per sqft, 16% above what three-beds in Rimal 4 were fetching at the time (AED 1,221). 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. 1602's AED 175,504 is in the lower half 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 16th floor

All 243 units in Rimal 4
Value
16013-bedAED 3.13M · Oct 2026
16032-bedAED 2.2M · Nov 2024
16042-bedAED 3.07M · May 2014
16052-bedAED 1.25M · Oct 2020
16062-bedAED 550K · Dec 2012
16073-bedAED 699K · Nov 2020
16083-bedAED 699K · Jan 2008

1602, Rimal 4 in numbers

  • Sold 3 times: first on 28 April 2008 for AED 645,000, last on 14 June 2024 for AED 2,725,000 (AED 1,412 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 175,504 a year.
  • At AED 175,504 a year the gross yield on the 2024 price is 6.4%, 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 14 June 2024.

Questions about 1602, Rimal 4

What did unit 1602 last sell for?

AED 2,725,000 on 14 June 2024: AED 1,412 per sqft for 1,929 sqft. The unit has 3 registered sales; the first was AED 645,000 in April 2008.

What is the rent for unit 1602?

AED 175,504 a year on the contract signed on 1 March 2023.

How big is unit 1602?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 16th floor of a 37-storey tower completed in 2007.

What is unit 1602 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 1602, Rimal 4

Starts from the last sale price (AED 2.73M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,725,000
Deposit, UAE resident (20%)
AED 545,000
Deposit, non-resident (40%)
AED 1,090,000
Monthly over 25 years at 3.7%
AED 11,149

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