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2-bed · 1,396 sqftRimal 4, Jumeirah Beach Residence · 22nd floor · completed 2007

2204, Rimal 4

Sold prices and rental history: sold once, by the developer in November 2007, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 23 February 2019
Last soldAED 599K4 November 2007
Current rentAED 120K /yr23 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2204, Rimal 4

What is 2204 worth today?

Last sold for AED 599,000 in 2007

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23 Feb 2019RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
23 Feb 2017RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
22 Dec 2015RentedNew contract
AED 165,000/yr12 months · AED 118 per sqft
4 Nov 2007Sold by developerReady
AED 599,000AED 429 per sqft

Source: Dubai Land Department. Updated 23 February 2019.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
22nd of 37
Parking
G168
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 599K · November 2007
Building
Rimal 4

About 2204, Rimal 4

2204 is a two-bedroom apartment of 1,396 sqft on the 22nd floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 November 2007 for AED 599,000, or AED 429 per sqft, in line with the AED 430 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 23 February 2019, is AED 120,000 a year: a gross yield of 20.0% on the 2007 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, November 2007: AED 599,000 (AED 429 per sqft)

2204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2204, 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, December 2015: AED 165,000 a yearNew contract, February 2017: AED 145,000 a yearRenewal, February 2019: AED 120,000 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 2204 sits

All 89 2-beds →

2204 last sold in November 2007 at AED 429 per sqft, in line with what two-beds in Rimal 4 were fetching at the time (AED 430). 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. 2204's AED 120,000 is in the lower half 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 22nd floor

All 243 units in Rimal 4
Value
22012-bedAED 2.4M · Apr 2024
22022-bedAED 550K · Jul 2013
22032-bedAED 1.2M · Nov 2012
22052-bedAED 1.28M · Jan 2021
22062-bedAED 1.25M · Dec 2011
22072-bedAED 2.5M · Jan 2026
22082-bedAED 950K · Jan 2013

2204, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 4 November 2007 for AED 599,000, or AED 429 per sqft.
  • Rented since December 2015 on 3 Ejari contracts, from AED 165,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2007 price is 20.0%, before a service charge of about AED 24,000 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 23 February 2019.

Questions about 2204, Rimal 4

What did unit 2204 last sell for?

AED 599,000 on 4 November 2007, sold by the developer: AED 429 per sqft for 1,396 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 120,000 a year on the contract renewed on 23 February 2019. The previous contract, from February 2017, was AED 145,000; the unit has been rented since December 2015.

How big is unit 2204?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 22nd floor of a 37-storey tower completed in 2007.

What is unit 2204 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 2204, Rimal 4

Starts from the last sale price (AED 599K, 4 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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