3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 17th floor · completed 2007

1702, Rimal 4

Sold prices and rental history: sold 3 times, last in June 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 13 June 2017
Last soldAED 2.75M13 June 2017
Current rentAED 185K /yr19 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Rimal 4

What is 1702 worth today?

Last sold for AED 2,750,000 in 2017

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13 Jun 2017SoldReady
AED 2,750,000AED 1,425 per sqft
19 Sep 2015RentedNew contract
AED 185,000/yr12 months · AED 96 per sqft
16 Mar 2013RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
8 May 2008SoldReady
AED 2,836,775AED 1,470 per sqft
27 Apr 2008Sold by developerReady
AED 645,000AED 334 per sqft

Source: Dubai Land Department. Updated 13 June 2017.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
17th of 37
Parking
B310-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 2.75M · June 2017
Building
Rimal 4

About 1702, Rimal 4

1702 is a three-bedroom apartment of 1,929 sqft on the 17th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 June 2017 for AED 2,750,000, or AED 1,425 per sqft, 6% above the AED 1,347 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 19 September 2015, is AED 185,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical three-bed in Rimal 4
2M2007201220172022Typical 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, May 2008: AED 2,836,775 (AED 1,470 per sqft)Sold, June 2017: AED 2,750,000 (AED 1,425 per sqft)

1702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, 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 2013: AED 155,000 a yearNew contract, September 2015: AED 185,000 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 1702 sits

All 73 3-beds →

1702 last sold in June 2017 at AED 1,425 per sqft, 6% above what three-beds in Rimal 4 were fetching at the time (AED 1,347). 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. 1702's AED 185,000 is in the upper 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 17th floor

All 243 units in Rimal 4
Value
17013-bedAED 388K · Nov 2022
17032-bedAED 1.8M · Apr 2009
17042-bedAED 1.95M · Aug 2015
17052-bedAED 1.3M · Apr 2021
17062-bedAED 1.47M · Apr 2021
17073-bedAED 2.65M · Aug 2011
17083-bedAED 3M · Mar 2017

1702, Rimal 4 in numbers

  • Sold 3 times: first on 27 April 2008 for AED 645,000, last on 13 June 2017 for AED 2,750,000 (AED 1,425 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 155,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2017 price is 6.7%, 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 13 June 2017.

Questions about 1702, Rimal 4

What did unit 1702 last sell for?

AED 2,750,000 on 13 June 2017: AED 1,425 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 1702?

AED 185,000 a year on the contract signed on 19 September 2015. The previous contract, from March 2013, was AED 155,000.

How big is unit 1702?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 17th floor of a 37-storey tower completed in 2007.

What is unit 1702 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 1702, Rimal 4

Starts from the last sale price (AED 2.75M, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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