2-bed · 1,396 sqftRimal 4, Jumeirah Beach Residence · 25th floor · completed 2007

2503, Rimal 4

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 599K17 June 2008
Current rentAED 150K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Rimal 4

What is 2503 worth today?

Last sold for AED 599,000 in 2008

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10 Jul 2024RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
24 Aug 2022RentedRenewal
AED 94,500/yr12 months · AED 68 per sqft
24 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
24 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
24 Aug 2019RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
24 Aug 2018RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
24 Aug 2017RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
24 Aug 2016RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
25th of 37
Parking
G312
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 599K · June 2008
Building
Rimal 4

About 2503, Rimal 4

2503 is a two-bedroom apartment of 1,396 sqft on the 25th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 June 2008 for AED 599,000, or AED 429 per sqft, in line with the AED 429 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 July 2024, is AED 150,000 a year: a gross yield of 25.0% on the 2008 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 2008: AED 599,000 (AED 429 per sqft)

2503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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 2014: AED 126,000 a yearNew contract, March 2015: AED 150,000 a yearNew contract, August 2016: AED 130,000 a yearRenewal, August 2017: AED 125,000 a yearRenewal, August 2018: AED 120,000 a yearRenewal, August 2019: AED 105,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 94,500 a yearNew contract, July 2024: AED 150,000 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 2503 sits

All 89 2-beds →

2503 last sold in June 2008 at AED 429 per sqft, in line with what two-beds in Rimal 4 were fetching at the time (AED 429). 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. 2503's AED 150,000 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 25th floor

All 243 units in Rimal 4
Value
25012-bedAED 550K · Sep 2007
25022-bedAED 550K · Jan 2008
25042-bedAED 599K · Sep 2007
25052-bedAED 1M · Jan 2010
25062-bedAED 2.1M · Jun 2024
25072-bedAED 599K · Apr 2009
25082-bedAED 1.7M · Oct 2020

2503, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 17 June 2008 for AED 599,000, or AED 429 per sqft.
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 126,000 to AED 90,000 in 2021 and recovered to AED 150,000 by July 2024.
  • At AED 150,000 a year the gross yield on the 2008 price is 25.0%, 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 10 July 2024.

Questions about 2503, Rimal 4

What did unit 2503 last sell for?

AED 599,000 on 17 June 2008, 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 2503?

AED 150,000 a year on the contract signed on 10 July 2024. The previous contract, from August 2022, was AED 94,500; the unit has been rented since February 2014.

How big is unit 2503?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 25th floor of a 37-storey tower completed in 2007.

What is unit 2503 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 2503, Rimal 4

Starts from the last sale price (AED 599K, 17 June 2008). 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 →