2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 17th floor · completed 2007

1706, Rimal 4

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 7 April 2021
Last soldAED 1.47M7 April 2021
Current rentAED 96K /yr14 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Rimal 4

What is 1706 worth today?

Last sold for AED 1,470,000 in 2021

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7 Apr 2021SoldReady
AED 1,470,000AED 1,056 per sqft
3 Feb 2021SoldReady
AED 1,125,000AED 808 per sqft
14 May 2020RentedRenewal
AED 96,000/yr8 months · AED 69 per sqft
14 May 2019RentedRenewal
AED 108,000/yr12 months · AED 78 per sqft
14 May 2018RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
8 Oct 2017RentedNew contract
AED 121,124/yr6 months · AED 87 per sqft
19 Sep 2014RentedRenewal
AED 131,250/yr12 months · AED 95 per sqft
19 Sep 2013RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 7 April 2021.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
17th of 37
Parking
B394
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 1.47M · April 2021
Building
Rimal 4

About 1706, Rimal 4

1706 is a two-bedroom apartment of 1,392 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 7 April 2021 for AED 1,470,000, or AED 1,056 per sqft, 14% above the AED 925 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 14 May 2020, is AED 96,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, January 2009: AED 1,560,000 (AED 1,120 per sqft)Sold, February 2021: AED 1,125,000 (AED 808 per sqft)Sold, April 2021: AED 1,470,000 (AED 1,056 per sqft)

1706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, 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, September 2013: AED 125,000 a yearRenewal, September 2014: AED 131,250 a yearNew contract, October 2017: AED 121,124 a yearNew contract, May 2018: AED 120,000 a yearRenewal, May 2019: AED 108,000 a yearRenewal, May 2020: AED 96,000 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 1706 sits

All 89 2-beds →

1706 last sold in April 2021 at AED 1,056 per sqft, 14% above what two-beds in Rimal 4 were fetching at the time (AED 925). 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. 1706's AED 96,000 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 17th floor

All 243 units in Rimal 4
Value
17013-bedAED 388K · Nov 2022
17023-bedAED 2.75M · Jun 2017
17032-bedAED 1.8M · Apr 2009
17042-bedAED 1.95M · Aug 2015
17052-bedAED 1.3M · Apr 2021
17073-bedAED 2.65M · Aug 2011
17083-bedAED 3M · Mar 2017

1706, Rimal 4 in numbers

  • Sold 3 times: first on 5 January 2009 for AED 1,560,000, last on 7 April 2021 for AED 1,470,000 (AED 1,056 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 125,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2021 price is 6.5%, 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 7 April 2021.

Questions about 1706, Rimal 4

What did unit 1706 last sell for?

AED 1,470,000 on 7 April 2021: AED 1,056 per sqft for 1,392 sqft. The unit has 3 registered sales; the first was AED 1,560,000 in January 2009.

What is the rent for unit 1706?

AED 96,000 a year on the contract renewed on 14 May 2020. The previous contract, from May 2019, was AED 108,000; the unit has been rented since September 2013.

How big is unit 1706?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 17th floor of a 37-storey tower completed in 2007.

What is unit 1706 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 1706, Rimal 4

Starts from the last sale price (AED 1.47M, 7 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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