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

2406, Rimal 4

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 2.25M19 December 2024
Current rentAED 140K /yr16 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Rimal 4

What is 2406 worth today?

Last sold for AED 2,250,000 in 2024

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19 Dec 2024SoldReady
AED 2,250,000AED 1,612 per sqft
16 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
16 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
15 Mar 2022RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
5 May 2018RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Mar 2017RentedNew contract
AED 123,016/yr12 months · AED 88 per sqft
20 Jun 2016RentedRenewal
AED 130,000/yr12 months · AED 93 per sqft
20 Jun 2015RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
24th of 37
Parking
B356
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 2.25M · December 2024
Building
Rimal 4

About 2406, Rimal 4

2406 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 19 December 2024 for AED 2,250,000, or AED 1,612 per sqft, 5% above the AED 1,542 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 16 March 2024, is AED 140,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, May 2009: AED 1,106,700 (AED 793 per sqft)Sold, June 2014: AED 2,125,000 (AED 1,522 per sqft)Sold, December 2024: AED 2,250,000 (AED 1,612 per sqft)

2406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, 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, May 2013: AED 110,000 a yearNew contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 130,000 a yearNew contract, March 2017: AED 123,016 a yearNew contract, May 2018: AED 120,000 a yearNew contract, March 2022: AED 140,000 a yearNew contract, March 2023: AED 140,000 a yearNew contract, March 2024: AED 140,000 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 2406 sits

All 89 2-beds →

2406 last sold in December 2024 at AED 1,612 per sqft, 5% above what two-beds in Rimal 4 were fetching at the time (AED 1,542). 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. 2406's AED 140,000 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 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
24042-bedAED 2.75M · Jan 2022
24052-bedAED 975K · May 2017
24072-bedAED 599K · Sep 2007
24082-bedAED 599K · Sep 2007

2406, Rimal 4 in numbers

  • Sold 3 times: first on 17 May 2009 for AED 1,106,700, last on 19 December 2024 for AED 2,250,000 (AED 1,612 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 110,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.2%, 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 19 December 2024.

Questions about 2406, Rimal 4

What did unit 2406 last sell for?

AED 2,250,000 on 19 December 2024: AED 1,612 per sqft for 1,396 sqft. The unit has 3 registered sales; the first was AED 1,106,700 in May 2009.

What is the rent for unit 2406?

AED 140,000 a year on the contract signed on 16 March 2024. The previous contract, from March 2023, was AED 140,000; the unit has been rented since May 2013.

How big is unit 2406?

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 2406 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 2406, Rimal 4

Starts from the last sale price (AED 2.25M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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