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2-bed · 1,422 sqftRimal 4, Jumeirah Beach Residence · 28th floor · completed 2007

2804, Rimal 4

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2M1 May 2024
Current rentAED 81K /yr10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2804, Rimal 4

What is 2804 worth today?

Last sold for AED 2,000,000 in 2024

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1 May 2024SoldReady
AED 2,000,000AED 1,406 per sqft
10 Feb 2022RentedRenewal
AED 80,500/yr12 months · AED 57 per sqft
10 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
10 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
10 Feb 2019RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
10 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
8 Dec 2016RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
13 Oct 2016Sold by developerReady
AED 550,000AED 386 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
28th of 37
Parking
B360
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,400 /yr
Last sold
AED 2M · May 2024
Building
Rimal 4

About 2804, Rimal 4

2804 is a two-bedroom apartment of 1,422 sqft on the 28th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2024 for AED 2,000,000, or AED 1,406 per sqft, 10% below the AED 1,555 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 February 2022, is AED 80,500 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 24,400 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, October 2016: AED 550,000 (AED 386 per sqft)Sold, May 2024: AED 2,000,000 (AED 1,406 per sqft)

2804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, 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, December 2016: AED 125,000 a yearNew contract, February 2018: AED 110,000 a yearRenewal, February 2019: AED 90,000 a yearRenewal, February 2020: AED 75,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 80,500 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 2804 sits

All 89 2-beds →

2804 last sold in May 2024 at AED 1,406 per sqft, 10% below what two-beds in Rimal 4 were fetching at the time (AED 1,555). 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. 2804's AED 80,500 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 28th floor

All 243 units in Rimal 4
Value
28012-bedAED 2.35M · Apr 2023
28022-bedAED 599K · Mar 2009
28032-bedAED 2.37M · Feb 2009

2804, Rimal 4 in numbers

  • Sold twice: first on 13 October 2016 for AED 550,000, last on 1 May 2024 for AED 2,000,000 (AED 1,406 per sqft).
  • Rented since December 2016 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 80,500 by February 2022.
  • At AED 80,500 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 24,400 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 1 May 2024.

Questions about 2804, Rimal 4

What did unit 2804 last sell for?

AED 2,000,000 on 1 May 2024: AED 1,406 per sqft for 1,422 sqft. The unit has 2 registered sales; the first was AED 550,000 in October 2016.

What is the rent for unit 2804?

AED 80,500 a year on the contract renewed on 10 February 2022. The previous contract, from February 2021, was AED 70,000; the unit has been rented since December 2016.

How big is unit 2804?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 28th floor of a 37-storey tower completed in 2007.

What is unit 2804 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 2804, Rimal 4

Starts from the last sale price (AED 2M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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