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

2506, Rimal 4

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 2.1M27 June 2024
Current rentAED 76K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Rimal 4

What is 2506 worth today?

Last sold for AED 2,100,000 in 2024

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27 Jun 2024SoldReady
AED 2,100,000AED 1,504 per sqft
1 Dec 2020RentedNew contract
AED 76,000/yr12 months · AED 54 per sqft
10 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
16 Nov 2019RentedRenewal
AED 111,000/yr12 months · AED 79 per sqft
16 Nov 2018RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
16 Nov 2017RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
16 Nov 2016RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
24 Oct 2015RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
25th of 37
Parking
B359
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 2.1M · June 2024
Building
Rimal 4

About 2506, Rimal 4

2506 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. It last sold on 27 June 2024 for AED 2,100,000, or AED 1,504 per sqft, in line with the AED 1,527 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 December 2020, is AED 76,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, March 2008: AED 550,000 (AED 394 per sqft)Sold, June 2024: AED 2,100,000 (AED 1,504 per sqft)

2506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2506, 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, September 2012: AED 95,000 a yearNew contract, October 2013: AED 116,000 a yearNew contract, October 2014: AED 120,000 a yearNew contract, October 2015: AED 125,000 a yearNew contract, November 2016: AED 120,000 a yearRenewal, November 2017: AED 120,000 a yearRenewal, November 2018: AED 115,000 a yearRenewal, November 2019: AED 111,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, December 2020: AED 76,000 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 2506 sits

All 89 2-beds →

2506 last sold in June 2024 at AED 1,504 per sqft, in line with what two-beds in Rimal 4 were fetching at the time (AED 1,527). 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. 2506's AED 76,000 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 25th floor

All 243 units in Rimal 4
Value
25012-bedAED 550K · Sep 2007
25022-bedAED 550K · Jan 2008
25032-bedAED 599K · Jun 2008
25042-bedAED 599K · Sep 2007
25052-bedAED 1M · Jan 2010
25072-bedAED 599K · Apr 2009
25082-bedAED 1.7M · Oct 2020

2506, Rimal 4 in numbers

  • Sold twice: first on 3 March 2008 for AED 550,000, last on 27 June 2024 for AED 2,100,000 (AED 1,504 per sqft).
  • Rented since September 2012 on 10 Ejari contracts, from AED 95,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 3.6%, 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 27 June 2024.

Questions about 2506, Rimal 4

What did unit 2506 last sell for?

AED 2,100,000 on 27 June 2024: AED 1,504 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 550,000 in March 2008.

What is the rent for unit 2506?

AED 76,000 a year on the contract signed on 1 December 2020. The previous contract, from September 2020, was AED 100,000; the unit has been rented since September 2012.

How big is unit 2506?

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 2506 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 2506, Rimal 4

Starts from the last sale price (AED 2.1M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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