3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 3rd floor · completed 2007

302, Rimal 4

Sold prices and rental history: sold 3 times, last in January 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 3.4M5 January 2009
Current rentAED 120K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Rimal 4

What is 302 worth today?

Last sold for AED 3,400,000 in 2009

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1 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
25 Apr 2016RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
15 Apr 2015RentedRenewal
AED 164,500/yr12 months · AED 85 per sqft
15 Apr 2014RentedNew contract
AED 149,500/yr12 months · AED 78 per sqft
15 Apr 2013RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
15 Apr 2012RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
5 Jan 2009SoldReady
AED 3,400,000AED 1,762 per sqft
5 Feb 2008SoldReady
AED 2,000,000AED 1,036 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
3rd of 37
Parking
B338-9
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 3.4M · January 2009
Building
Rimal 4

About 302, Rimal 4

302 is a three-bedroom apartment of 1,929 sqft on the 3rd floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 January 2009 for AED 3,400,000, or AED 1,762 per sqft, 428% above the AED 334 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 December 2019, is AED 120,000 a year: a gross yield of 3.5% on the 2009 price, before the service charge of about AED 33,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Rimal 4
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 645,000; 2009 AED 699,000; 2010 AED 1,500,000; 2011 AED 2,400,000; 2012 AED 1,930,000; 2013 AED 2,462,500; 2014 AED 2,812,500; 2017 AED 2,600,000; 2021 AED 1,850,000; 2023 AED 2,450,000; 2024 AED 3,050,000; 2025 AED 3,150,000Sold by developer, December 2007: AED 590,000 (AED 305 per sqft)Sold, February 2008: AED 2,000,000 (AED 1,036 per sqft)Sold, January 2009: AED 3,400,000 (AED 1,762 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Rimal 4
150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 146,000; 2014 AED 154,171; 2015 AED 170,000; 2016 AED 168,000; 2017 AED 163,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 115,000; 2022 AED 126,250; 2023 AED 141,725; 2024 AED 162,750; 2025 AED 179,250; 2026 AED 162,000New contract, April 2012: AED 130,000 a yearNew contract, April 2013: AED 130,000 a yearNew contract, April 2014: AED 149,500 a yearRenewal, April 2015: AED 164,500 a yearNew contract, April 2016: AED 165,000 a yearNew contract, December 2019: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 4, and where 302 sits

All 73 3-beds →

302 last sold in January 2009 at AED 1,762 per sqft, 428% above what three-beds in Rimal 4 were fetching at the time (AED 334). Over the last 12 months three-beds sold for AED 3,128,000, around AED 1,621 per sqft, and rent for AED 140,000 to 220,000 a year. 302's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20263,128,000
2 Jul 20253,150,000
9 May 20252,630,000
17 Mar 20253,725,000
1 3-bed sale 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 3rd floor

All 243 units in Rimal 4
Value
3013-bedAED 295K · May 2009
3031-bedAED 1.2M · Dec 2011
304StudioAED 299K · Jun 2022
3051-bedAED 1.5M · Sep 2017
3061-bedAED 380K · Mar 2017
307StudioAED 1.1M · Aug 2016
3081-bedAED 1.74M · Jan 2026
1–7 of 9

302, Rimal 4 in numbers

  • Sold 3 times: first on 25 December 2007 for AED 590,000, last on 5 January 2009 for AED 3,400,000 (AED 1,762 per sqft).
  • Rented since April 2012 on 6 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 3.5%, before a service charge of about AED 33,100 a year (AED 17.18 per sqft).
  • Three-beds in Rimal 4 sold for AED 3,128,000–3,128,000 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 December 2019.

Questions about 302, Rimal 4

What did unit 302 last sell for?

AED 3,400,000 on 5 January 2009: AED 1,762 per sqft for 1,929 sqft. The unit has 3 registered sales; the first was AED 590,000 in December 2007.

What is the rent for unit 302?

AED 120,000 a year on the contract signed on 1 December 2019. The previous contract, from April 2016, was AED 165,000; the unit has been rented since April 2012.

How big is unit 302?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 3rd floor of a 37-storey tower completed in 2007.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 4 sold for AED 3,128,000 to 3,128,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 302, Rimal 4

Starts from the last sale price (AED 3.4M, 5 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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