2-bed · 1,396 sqftRimal 4, Jumeirah Beach Residence · 23rd floor · completed 2007

2305, Rimal 4

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 550K11 June 2009
Current rentAED 126K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Rimal 4

What is 2305 worth today?

Last sold for AED 550,000 in 2009

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29 Aug 2024RentedRenewal
AED 126,000/yr12 months · AED 90 per sqft
29 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
1 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft
20 May 2021RentedNew contract
AED 72,000/yr12 months · AED 51 per sqft
17 Apr 2020RentedNew contract
AED 82,000/yr12 months · AED 59 per sqft
17 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
23 Feb 2017RentedRenewal
AED 130,000/yr12 months · AED 93 per sqft
23 Feb 2016RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
23rd of 37
Parking
B390
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 550K · June 2009
Building
Rimal 4

About 2305, Rimal 4

2305 is a two-bedroom apartment of 1,396 sqft on the 23rd floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 June 2009 for AED 550,000, or AED 394 per sqft, 15% below the AED 462 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 29 August 2024, is AED 126,000 a year: a gross yield of 22.9% on the 2009 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, 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, June 2009: AED 550,000 (AED 394 per sqft)

2305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, 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, February 2013: AED 100,000 a yearNew contract, February 2014: AED 128,000 a yearNew contract, February 2015: AED 140,000 a yearNew contract, February 2016: AED 130,000 a yearRenewal, February 2017: AED 130,000 a yearNew contract, April 2019: AED 85,000 a yearNew contract, April 2020: AED 82,000 a yearNew contract, May 2021: AED 72,000 a yearNew contract, August 2022: AED 95,000 a yearNew contract, August 2023: AED 120,000 a yearRenewal, August 2024: AED 126,000 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 2305 sits

All 89 2-beds →

2305 last sold in June 2009 at AED 394 per sqft, 15% below what two-beds in Rimal 4 were fetching at the time (AED 462). 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. 2305's AED 126,000 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 23rd floor

All 243 units in Rimal 4
Value
23012-bedAED 1.67M · Nov 2016
23022-bedAED 1.57M · Mar 2019
23032-bedAED 2.65M · Mar 2026
23042-bedAED 2M · Nov 2024
23062-bedAED 1.7M · Jan 2013
23072-bedAED 300K · Jul 2010
23082-bedAED 2.05M · Nov 2022

2305, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 11 June 2009 for AED 550,000, or AED 394 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2021 and recovered to AED 126,000 by August 2024.
  • At AED 126,000 a year the gross yield on the 2009 price is 22.9%, 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 29 August 2024.

Questions about 2305, Rimal 4

What did unit 2305 last sell for?

AED 550,000 on 11 June 2009, sold by the developer: AED 394 per sqft for 1,396 sqft. It is the only registered sale of the unit.

What is the rent for unit 2305?

AED 126,000 a year on the contract renewed on 29 August 2024. The previous contract, from August 2023, was AED 120,000; the unit has been rented since February 2013.

How big is unit 2305?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 23rd floor of a 37-storey tower completed in 2007.

What is unit 2305 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 2305, Rimal 4

Starts from the last sale price (AED 550K, 11 June 2009). 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 →