508, Rimal 4
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Rimal 4
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 5th of 37
- Parking
- B362
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,300 /yr
- Last sold
- AED 380K · January 2016
- Building
- Rimal 4
About 508, Rimal 4
508 is a one-bedroom apartment of 1,064 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 380,000, or AED 357 per sqft, 77% below the AED 1,531 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 71,662 a year: a gross yield of 18.9% on the 2016 price, before the service charge of about AED 18,300 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 48 1-beds →508 last sold in January 2016 at AED 357 per sqft, 77% below what one-beds in Rimal 4 were fetching at the time (AED 1,531). 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. 508's AED 71,662 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,058 sqft | 1,504,379 | 1,422 | ||
| 12 Mar 202612 March 2026 | 1,058 sqft | 2,400,000 | 2,269 | ||
| 26 Jan 202626 January 2026 | 1,064 sqft | 1,740,000 | 1,635 | ||
| 10 Jul 202510 July 2025 | 1,100 sqft | 1,600,000 | 1,454 |
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 | ||
| 507 | Studio | 699 sqft | AED 250KAED 250,000 · Jan 2016January 2016 | 57,593 /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 |
508, Rimal 4 in numbers
- Sold once: by Dubai Properties on 27 January 2016 for AED 380,000, or AED 357 per sqft.
- Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 52,000 in 2021 and recovered to AED 71,662 by March 2024.
- At AED 71,662 a year the gross yield on the 2016 price is 18.9%, 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 1 March 2024.
Questions about 508, Rimal 4
What did unit 508 last sell for?
AED 380,000 on 27 January 2016, sold by the developer: AED 357 per sqft for 1,064 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 71,662 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 71,300; the unit has been rented since November 2015.
How big is unit 508?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2007.
What is unit 508 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 508, Rimal 4
Starts from the last sale price (AED 380K, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →