2-bed · 1,396 sqftRimal 4, Jumeirah Beach Residence · 24th floor · completed 2007

2404, Rimal 4

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.75M17 January 2022
Current rentAED 64K /yr21 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Rimal 4

What is 2404 worth today?

Last sold for AED 2,750,000 in 2022

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21 Dec 2023RentedRenewal
AED 64,147/yr3 months · AED 46 per sqft
21 Dec 2022RentedRenewal
AED 64,931/yr12 months · AED 46 per sqft
8 Feb 2022RentedNew contract
AED 74,781/yr10 months · AED 53 per sqft
17 Jan 2022SoldReady
AED 2,750,000AED 1,970 per sqft
8 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
10 Sep 2020RentedRenewal
AED 96,000/yr12 months · AED 69 per sqft
10 Sep 2019RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
10 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
24th of 37
Parking
G316
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 2.75M · January 2022
Building
Rimal 4

About 2404, Rimal 4

2404 is a two-bedroom apartment of 1,396 sqft on the 24th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 January 2022 for AED 2,750,000, or AED 1,970 per sqft, 109% above the AED 944 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 21 December 2023, is AED 64,147 a year: a gross yield of 2.3% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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 599,000 (AED 429 per sqft)Sold, January 2022: AED 2,750,000 (AED 1,970 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Rimal 4
50K100K150K2012201620202024Typical 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, July 2013: AED 60,000 a yearNew contract, July 2014: AED 59,839 a yearNew contract, July 2015: AED 125,000 a yearRenewal, July 2016: AED 125,000 a yearRenewal, July 2017: AED 125,000 a yearNew contract, September 2018: AED 110,000 a yearRenewal, September 2019: AED 110,000 a yearRenewal, September 2020: AED 96,000 a yearNew contract, February 2021: AED 75,000 a yearNew contract, February 2022: AED 74,781 a yearRenewal, December 2022: AED 64,931 a yearRenewal, December 2023: AED 64,147 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 2404 sits

All 89 2-beds →

2404 last sold in January 2022 at AED 1,970 per sqft, 109% above what two-beds in Rimal 4 were fetching at the time (AED 944). 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. 2404's AED 64,147 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 24th floor

All 243 units in Rimal 4
Value
24012-bedAED 2.02M · Aug 2023
24022-bedAED 550K · Jun 2008
24032-bedAED 1.83M · Feb 2010
24052-bedAED 975K · May 2017
24062-bedAED 2.25M · Dec 2024
24072-bedAED 599K · Sep 2007
24082-bedAED 599K · Sep 2007

2404, Rimal 4 in numbers

  • Sold twice: first on 8 June 2009 for AED 599,000, last on 17 January 2022 for AED 2,750,000 (AED 1,970 per sqft).
  • Rented since July 2013 on 12 Ejari contracts, from AED 60,000 to AED 64,147 a year.
  • At AED 64,147 a year the gross yield on the 2022 price is 2.3%, 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 21 December 2023.

Questions about 2404, Rimal 4

What did unit 2404 last sell for?

AED 2,750,000 on 17 January 2022: AED 1,970 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 599,000 in June 2009.

What is the rent for unit 2404?

AED 64,147 a year on the contract renewed on 21 December 2023. The previous contract, from December 2022, was AED 64,931; the unit has been rented since July 2013.

How big is unit 2404?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 24th floor of a 37-storey tower completed in 2007.

What is unit 2404 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 2404, Rimal 4

Starts from the last sale price (AED 2.75M, 17 January 2022). 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 →