Studio · 699 sqftRimal 4, Jumeirah Beach Residence · 3rd floor · completed 2007

307, Rimal 4

Sold prices and rental history: sold 3 times, last in August 2016, and rented once, from April 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 3 August 2016
Last soldAED 1.1M3 August 2016
Current rentAED 60K /yr11 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Rimal 4

What is 307 worth today?

Last sold for AED 1,100,000 in 2016

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3 Aug 2016SoldReady
AED 1,100,000AED 1,572 per sqft
11 Apr 2014RentedNew contract
AED 60,332/yr12 months · AED 86 per sqft
13 Nov 2007SoldReady
AED 650,000AED 929 per sqft
6 Nov 2007Sold by developerReady
AED 250,000AED 357 per sqft

Source: Dubai Land Department. Updated 3 August 2016.

Key facts

Type
Studio apartment
Size
699 sqft
Floor
3rd of 37
Parking
B061
Developer
Dubai Properties
Completed
2007
Service charge
AED 12,000 /yr
Last sold
AED 1.1M · August 2016
Building
Rimal 4

About 307, Rimal 4

307 is a studio of 699 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 3 August 2016 for AED 1,100,000, or AED 1,572 per sqft.

One Ejari contract is registered, from 11 April 2014. The current contract, signed on 11 April 2014, is AED 60,332 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 12,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Rimal 4
500K1M20072011201520192023Typical sale price by year: 2007 AED 299,000; 2008 AED 287,000; 2010 AED 825,000; 2013 AED 662,500; 2022 AED 913,500Sold, November 2007: AED 650,000 (AED 929 per sqft)Sold by developer, November 2007: AED 250,000 (AED 357 per sqft)Sold, August 2016: AED 1,100,000 (AED 1,572 per sqft)

307 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 307, each contractTypical studio in Rimal 4
60K2013201720212025Typical rent by year: 2013 AED 58,000; 2014 AED 65,785; 2015 AED 72,675; 2016 AED 75,000; 2017 AED 74,425; 2018 AED 70,340; 2019 AED 60,000; 2020 AED 54,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,038; 2026 AED 68,000New contract, April 2014: AED 60,332 a year

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

Studios in Rimal 4, and where 307 sits

All 24 studios →

307's AED 60,332 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Apr 20251,300,000
31 Jul 20241,200,000
4 Jul 20241,300,000
10 Jul 20231,100,000
0 studio 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 3rd floor

All 243 units in Rimal 4
Value
3013-bedAED 295K · May 2009
3023-bedAED 3.4M · Jan 2009
3031-bedAED 1.2M · Dec 2011
304StudioAED 299K · Jun 2022
3051-bedAED 1.5M · Sep 2017
3061-bedAED 380K · Mar 2017
3081-bedAED 1.74M · Jan 2026
1–7 of 9

307, Rimal 4 in numbers

  • Sold 3 times: first on 6 November 2007 for AED 250,000, last on 3 August 2016 for AED 1,100,000 (AED 1,572 per sqft).
  • Rented since April 2014 on one Ejari contract, at AED 60,332 a year.
  • At AED 60,332 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 12,000 a year (AED 17.18 per sqft).

Source: Dubai Land Department. Updated 3 August 2016.

Questions about 307, Rimal 4

What did unit 307 last sell for?

AED 1,100,000 on 3 August 2016: AED 1,572 per sqft for 699 sqft. The unit has 3 registered sales; the first was AED 250,000 in November 2007.

What is the rent for unit 307?

AED 60,332 a year on the contract signed on 11 April 2014.

How big is unit 307?

699 sqft (64.9 sqm): a studio on the 3rd floor of a 37-storey tower completed in 2007.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 307, Rimal 4

Starts from the last sale price (AED 1.1M, 3 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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