507, Rimal 4
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Rimal 4
What is 507 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 699 sqft
- Floor
- 5th of 37
- Parking
- B055
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 12,000 /yr
- Last sold
- AED 250K · January 2016
- Building
- Rimal 4
About 507, Rimal 4
507 is a studio of 699 sqft on the 5th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 January 2016 for AED 250,000, or AED 357 per sqft.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 57,593 a year: a gross yield of 23.0% on the 2016 price, before the service charge of about AED 12,000 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the studio median of each year in the building.
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 507 sits
All 24 studios →507's AED 57,593 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Apr 20254 April 2025 | 699 sqft | 1,300,000 | 1,858 | ||
| 31 Jul 202431 July 2024 | 699 sqft | 1,200,000 | 1,715 | ||
| 4 Jul 20244 July 2024 | 699 sqft | 1,300,000 | 1,858 | ||
| 10 Jul 202310 July 2023 | 699 sqft | 1,100,000 | 1,572 |
Rimal 4
Building243 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%
Other units on the 5th floor
All 243 units in Rimal 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,929 sqft | AED 2.88MAED 2,875,000 · Mar 2014March 2014 | 162,000 /yr | |
| 502 | 3-bed | 1,929 sqft | AED 1.45MAED 1,450,000 · Mar 2021March 2021 | 130,000 /yr | |
| 503 | 1-bed | 1,058 sqft | AED 1.53MAED 1,525,000 · Nov 2017November 2017 | 90,000 /yr | |
| 504 | Studio | 699 sqft | AED 750KAED 750,000 · Sep 2010September 2010 | ||
| 505 | 1-bed | 1,058 sqft | AED 1.95MAED 1,950,000 · Nov 2014November 2014 | 115,000 /yr | |
| 506 | 1-bed | 1,058 sqft | AED 380KAED 380,000 · Aug 2007August 2007 | ||
| 508 | 1-bed | 1,064 sqft | AED 380KAED 380,000 · Jan 2016January 2016 | 71,662 /yr | |
| 509 | 3-bed | 1,929 sqft | AED 699KAED 699,000 · Sep 2007September 2007 | 190,000 /yr | |
| 510 | 3-bed | 1,929 sqft | AED 1.99MAED 1,990,000 · Mar 2021March 2021 | 168,000 /yr |
507, Rimal 4 in numbers
- Sold once: by Dubai Properties on 27 January 2016 for AED 250,000, or AED 357 per sqft.
- Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 66,990 to AED 50,000 in 2021 and recovered to AED 57,593 by August 2024.
- At AED 57,593 a year the gross yield on the 2016 price is 23.0%, before a service charge of about AED 12,000 a year (AED 17.18 per sqft).
Source: Dubai Land Department. Updated 5 August 2024.
Questions about 507, Rimal 4
What did unit 507 last sell for?
AED 250,000 on 27 January 2016, sold by the developer: AED 357 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 57,593 a year on the contract renewed on 5 August 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since May 2016.
How big is unit 507?
699 sqft (64.9 sqm): a studio on the 5th floor of a 37-storey tower completed in 2007.
What is unit 507 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 507, Rimal 4
Starts from the last sale price (AED 250K, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →