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2-bed · 1,296 sqftRimal 4, Jumeirah Beach Residence · 25th floor · completed 2007

2508, Rimal 4

Sold prices and rental history: sold 5 times, last in October 2020, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2508 · DLD and Ejari recordsUpdated 7 October 2020
Last soldAED 1.7M7 October 2020
Current rentAED 125K /yr20 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2508, Rimal 4

What is 2508 worth today?

Last sold for AED 1,700,000 in 2020

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7 Oct 2020SoldReady
AED 1,700,000AED 1,311 per sqft
2 Jun 2016SoldReady
AED 1,850,000AED 1,427 per sqft
20 Sep 2013RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
15 Oct 2012SoldReady
AED 1,250,000AED 964 per sqft
3 Aug 2010SoldReady
AED 1,750,000AED 1,349 per sqft
19 Apr 2009Sold by developerReady
AED 599,000AED 462 per sqft

Source: Dubai Land Department. Updated 7 October 2020.

Key facts

Type
2-bed apartment
Size
1,296 sqft
Floor
25th of 37
Parking
G309
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 1.7M · October 2020
Building
Rimal 4

About 2508, Rimal 4

2508 is a two-bedroom apartment of 1,296 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 7 October 2020 for AED 1,700,000, or AED 1,311 per sqft, 28% above the AED 1,028 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2013. The current contract, signed on 20 September 2013, is AED 125,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 22,300 a year.

Sales and rents for 2508 over time

Sales
Unit 2508, 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, April 2009: AED 599,000 (AED 462 per sqft)Sold, August 2010: AED 1,750,000 (AED 1,349 per sqft)Sold, October 2012: AED 1,250,000 (AED 964 per sqft)Sold, June 2016: AED 1,850,000 (AED 1,427 per sqft)Sold, October 2020: AED 1,700,000 (AED 1,311 per sqft)

2508 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2508, 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, September 2013: AED 125,000 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 2508 sits

All 89 2-beds →

2508 last sold in October 2020 at AED 1,311 per sqft, 28% above what two-beds in Rimal 4 were fetching at the time (AED 1,028). 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. 2508's AED 125,000 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
25032-bedAED 599K · Jun 2008
25042-bedAED 599K · Sep 2007
25052-bedAED 1M · Jan 2010
25062-bedAED 2.1M · Jun 2024
25072-bedAED 599K · Apr 2009

2508, Rimal 4 in numbers

  • Sold 5 times: first on 19 April 2009 for AED 599,000, last on 7 October 2020 for AED 1,700,000 (AED 1,311 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 22,300 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 7 October 2020.

Questions about 2508, Rimal 4

What did unit 2508 last sell for?

AED 1,700,000 on 7 October 2020: AED 1,311 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 599,000 in April 2009.

What is the rent for unit 2508?

AED 125,000 a year on the contract signed on 20 September 2013.

How big is unit 2508?

1,296 sqft (120.4 sqm): a two-bedroom apartment on the 25th floor of a 37-storey tower completed in 2007.

What is unit 2508 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 2508, Rimal 4

Starts from the last sale price (AED 1.7M, 7 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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