Home
Dubai prices
About
Research
2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 16th floor · completed 2007

1606, Rimal 4

Sold prices and rental history: sold once, by the developer in December 2012, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 2 April 2023
Last soldAED 550K11 December 2012
Current rentAED 86K /yr2 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1606

Property timeline for 1606, Rimal 4

What is 1606 worth today?

Last sold for AED 550,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Apr 2023RentedRenewal
AED 86,113/yr9 months · AED 62 per sqft
2 Apr 2022RentedRenewal
AED 75,000/yr12 months · AED 54 per sqft
15 Mar 2021RentedNew contract
AED 66,769/yr13 months · AED 48 per sqft
11 Dec 2012Sold by developerReady
AED 550,000AED 395 per sqft

Source: Dubai Land Department. Updated 2 April 2023.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
16th of 37
Parking
B396
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 550K · December 2012
Building
Rimal 4

About 1606, Rimal 4

1606 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. The developer sold it on 11 December 2012 for AED 550,000, or AED 395 per sqft, 58% below the AED 939 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 2 April 2023, is AED 86,113 a year: a gross yield of 15.7% on the 2012 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, December 2012: AED 550,000 (AED 395 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Rimal 4
100K150K2012201620202024Typical 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, March 2021: AED 66,769 a yearRenewal, April 2022: AED 75,000 a yearRenewal, April 2023: AED 86,113 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 1606 sits

All 89 2-beds →

1606 last sold in December 2012 at AED 395 per sqft, 58% below what two-beds in Rimal 4 were fetching at the time (AED 939). 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. 1606's AED 86,113 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
16052-bedAED 1.25M · Oct 2020
16073-bedAED 699K · Nov 2020
16083-bedAED 699K · Jan 2008

1606, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 11 December 2012 for AED 550,000, or AED 395 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 66,769 to AED 86,113 a year.
  • At AED 86,113 a year the gross yield on the 2012 price is 15.7%, 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 2 April 2023.

Questions about 1606, Rimal 4

What did unit 1606 last sell for?

AED 550,000 on 11 December 2012, sold by the developer: AED 395 per sqft for 1,392 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 86,113 a year on the contract renewed on 2 April 2023. The previous contract, from April 2022, was AED 75,000; the unit has been rented since March 2021.

How big is unit 1606?

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 1606 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.

Selling 1606? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1606, Rimal 4

Starts from the last sale price (AED 550K, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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