2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 16th floor · completed 2007

1605, Rimal 4

Sold prices and rental history: sold 5 times, last in October 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 27 October 2020
Last soldAED 1.25M27 October 2020
Current rentAED 90K /yr19 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Rimal 4

What is 1605 worth today?

Last sold for AED 1,250,000 in 2020

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27 Oct 2020SoldReady
AED 1,250,000AED 898 per sqft
19 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
15 Nov 2016RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
29 Oct 2015RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
18 Dec 2011SoldReady
AED 1,315,000AED 944 per sqft
20 Nov 2011SoldReady
AED 1,150,000AED 826 per sqft
24 Dec 2007SoldReady
AED 1,740,000AED 1,250 per sqft
5 Dec 2007Sold by developerReady
AED 550,000AED 395 per sqft

Source: Dubai Land Department. Updated 27 October 2020.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
16th of 37
Parking
B397
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 1.25M · October 2020
Building
Rimal 4

About 1605, Rimal 4

1605 is a two-bedroom apartment of 1,392 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 27 October 2020 for AED 1,250,000, or AED 898 per sqft, 13% below the AED 1,028 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 19 October 2019, is AED 90,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, December 2007: AED 1,740,000 (AED 1,250 per sqft)Sold by developer, December 2007: AED 550,000 (AED 395 per sqft)Sold, November 2011: AED 1,150,000 (AED 826 per sqft)Sold, December 2011: AED 1,315,000 (AED 944 per sqft)Sold, October 2020: AED 1,250,000 (AED 898 per sqft)

1605 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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, October 2015: AED 130,000 a yearNew contract, November 2016: AED 125,000 a yearNew contract, October 2019: AED 90,000 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 1605 sits

All 89 2-beds →

1605 last sold in October 2020 at AED 898 per sqft, 13% below what two-beds in Rimal 4 were fetching at the time (AED 1,028). 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. 1605's AED 90,000 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 16th floor

All 243 units in Rimal 4
Value
16013-bedAED 3.13M · Oct 2026
16023-bedAED 2.73M · Jun 2024
16032-bedAED 2.2M · Nov 2024
16042-bedAED 3.07M · May 2014
16062-bedAED 550K · Dec 2012
16073-bedAED 699K · Nov 2020
16083-bedAED 699K · Jan 2008

1605, Rimal 4 in numbers

  • Sold 5 times: first on 5 December 2007 for AED 550,000, last on 27 October 2020 for AED 1,250,000 (AED 898 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 7.2%, 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 27 October 2020.

Questions about 1605, Rimal 4

What did unit 1605 last sell for?

AED 1,250,000 on 27 October 2020: AED 898 per sqft for 1,392 sqft. The unit has 5 registered sales; the first was AED 550,000 in December 2007.

What is the rent for unit 1605?

AED 90,000 a year on the contract signed on 19 October 2019. The previous contract, from November 2016, was AED 125,000; the unit has been rented since October 2015.

How big is unit 1605?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 16th floor of a 37-storey tower completed in 2007.

What is unit 1605 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 1605, Rimal 4

Starts from the last sale price (AED 1.25M, 27 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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