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Studio · 699 sqftRimal 4, Jumeirah Beach Residence · 2nd floor · completed 2007

207, Rimal 4

Sold prices and rental history: sold 7 times, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.2M31 July 2024
Current rentAED 60K /yr27 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Rimal 4

What is 207 worth today?

Last sold for AED 1,200,000 in 2024

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31 Jul 2024SoldReady
AED 1,200,000AED 1,715 per sqft
24 May 2022SoldReady
AED 1,100,000AED 1,572 per sqft
22 Apr 2022SoldReady
AED 927,000AED 1,325 per sqft
16 Mar 2022SoldReady
AED 900,000AED 1,286 per sqft
27 May 2021RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
11 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
31 Oct 2013SoldReady
AED 1,050,000AED 1,501 per sqft
18 Sep 2007SoldReady
AED 320,000AED 457 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
Studio apartment
Size
699 sqft
Floor
2nd of 37
Parking
B064
Developer
Dubai Properties
Completed
2007
Service charge
AED 12,000 /yr
Last sold
AED 1.2M · July 2024
Building
Rimal 4

About 207, Rimal 4

207 is a studio of 699 sqft on the 2nd floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 July 2024 for AED 1,200,000, or AED 1,715 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 27 May 2021, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Rimal 4
500K1M2007201220172022Typical sale price by year: 2007 AED 299,000; 2008 AED 287,000; 2010 AED 825,000; 2013 AED 662,500; 2022 AED 913,500Sold, September 2007: AED 320,000 (AED 457 per sqft)Sold by developer, September 2007: AED 250,000 (AED 357 per sqft)Sold, October 2013: AED 1,050,000 (AED 1,501 per sqft)Sold, March 2022: AED 900,000 (AED 1,286 per sqft)Sold, April 2022: AED 927,000 (AED 1,325 per sqft)Sold, May 2022: AED 1,100,000 (AED 1,572 per sqft)Sold, July 2024: AED 1,200,000 (AED 1,715 per sqft)

207 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit 207, each contractTypical studio in Rimal 4
60K2013201720212025Typical rent by year: 2013 AED 58,000; 2014 AED 65,785; 2015 AED 72,675; 2016 AED 75,000; 2017 AED 74,425; 2018 AED 70,340; 2019 AED 60,000; 2020 AED 54,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,038; 2026 AED 68,000New contract, June 2018: AED 70,000 a yearNew contract, May 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rimal 4, and where 207 sits

All 24 studios →

207's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Apr 20251,300,000
4 Jul 20241,300,000
10 Jul 20231,100,000
1 Jun 2022299,000
0 studio 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 2nd floor

All 243 units in Rimal 4
Value
2013-bedAED 590K · Sep 2007
2023-bedAED 2M · Dec 2007
2031-bedAED 449K · Jan 2013
204StudioAED 865K · Sep 2021
2051-bedAED 1.23M · Mar 2013
2061-bedAED 380K · Jan 2008
2081-bedAED 380K · Sep 2007
1–7 of 9

207, Rimal 4 in numbers

  • Sold 7 times: first on 4 September 2007 for AED 250,000, last on 31 July 2024 for AED 1,200,000 (AED 1,715 per sqft).
  • Rented since June 2018 on 2 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 12,000 a year (AED 17.18 per sqft).

Source: Dubai Land Department. Updated 31 July 2024.

Questions about 207, Rimal 4

What did unit 207 last sell for?

AED 1,200,000 on 31 July 2024: AED 1,715 per sqft for 699 sqft. The unit has 7 registered sales; the first was AED 250,000 in September 2007.

What is the rent for unit 207?

AED 60,000 a year on the contract signed on 27 May 2021. The previous contract, from June 2018, was AED 70,000.

How big is unit 207?

699 sqft (64.9 sqm): a studio on the 2nd floor of a 37-storey tower completed in 2007.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 207, Rimal 4

Starts from the last sale price (AED 1.2M, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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