1-bed · 1,064 sqftRimal 4, Jumeirah Beach Residence · 4th floor · completed 2007

408, Rimal 4

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 1.43M4 November 2022
Current rentAED 110K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Rimal 4

What is 408 worth today?

Last sold for AED 1,425,000 in 2022

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4 Nov 2022SoldReady
AED 1,425,000AED 1,339 per sqft
3 Nov 2021SoldReady
AED 1,100,000AED 1,034 per sqft
1 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 103 per sqft
1 Jul 2019RentedRenewal
AED 110,000/yr12 months · AED 103 per sqft
1 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 103 per sqft
1 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 103 per sqft
1 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
1 Jul 2013RentedNew contract
AED 93,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
4th of 37
Parking
B057
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,300 /yr
Last sold
AED 1.43M · November 2022
Building
Rimal 4

About 408, Rimal 4

408 is a one-bedroom apartment of 1,064 sqft on the 4th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 November 2022 for AED 1,425,000, or AED 1,339 per sqft, 14% above the AED 1,172 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 110,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 18,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Rimal 4
1M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 449,000; 2009 AED 449,000; 2010 AED 449,000; 2012 AED 380,000; 2013 AED 1,175,000; 2016 AED 1,365,000; 2017 AED 811,250; 2018 AED 1,300,000; 2020 AED 787,500; 2022 AED 1,310,000; 2023 AED 1,675,000; 2024 AED 1,550,000; 2026 AED 1,740,000Sold by developer, October 2012: AED 380,000 (AED 357 per sqft)Sold, November 2021: AED 1,100,000 (AED 1,034 per sqft)Sold, November 2022: AED 1,425,000 (AED 1,339 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Rimal 4
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 87,500; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 104,844; 2017 AED 100,000; 2018 AED 93,000; 2019 AED 83,000; 2020 AED 67,500; 2021 AED 65,000; 2022 AED 77,000; 2023 AED 90,000; 2024 AED 94,500; 2025 AED 95,144; 2026 AED 92,000New contract, July 2013: AED 93,000 a yearNew contract, July 2016: AED 110,000 a yearRenewal, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 a yearRenewal, July 2019: AED 110,000 a yearRenewal, July 2020: AED 110,000 a year

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

1-beds in Rimal 4, and where 408 sits

All 48 1-beds →

408 last sold in November 2022 at AED 1,339 per sqft, 14% above what one-beds in Rimal 4 were fetching at the time (AED 1,172). Over the last 12 months one-beds sold for AED 1,504,379 to 2,400,000, around AED 1,635 per sqft, and rent for AED 80,000 to 130,000 a year. 408's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,504,379
12 Mar 20262,400,000
26 Jan 20261,740,000
10 Jul 20251,600,000
3 1-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 4th floor

All 243 units in Rimal 4
Value
4013-bedAED 295K · May 2008
4023-bedAED 775K · May 2019
4031-bedAED 449K · Sep 2017
404StudioAED 900K · Apr 2010
4051-bedAED 1.31M · May 2018
4061-bedAED 380K · Sep 2007
407StudioAED 250K · Mar 2008
1–7 of 9

408, Rimal 4 in numbers

  • Sold 3 times: first on 17 October 2012 for AED 380,000, last on 4 November 2022 for AED 1,425,000 (AED 1,339 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 93,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 18,300 a year (AED 17.18 per sqft).
  • One-beds in Rimal 4 sold for AED 1,504,379–2,400,000 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 4 November 2022.

Questions about 408, Rimal 4

What did unit 408 last sell for?

AED 1,425,000 on 4 November 2022: AED 1,339 per sqft for 1,064 sqft. The unit has 3 registered sales; the first was AED 380,000 in October 2012.

What is the rent for unit 408?

AED 110,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 110,000; the unit has been rented since July 2013.

How big is unit 408?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2007.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 4 sold for AED 1,504,379 to 2,400,000 in the last 12 months, around AED 1,635 per sqft.

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Mortgage on 408, Rimal 4

Starts from the last sale price (AED 1.43M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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