1-bed · 1,058 sqftRimal 4, Jumeirah Beach Residence · 7th floor · completed 2007

706, Rimal 4

Sold prices and rental history: sold 3 times, last in April 2008, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 December 2017
Last soldAED 1.87M30 April 2008
Current rentAED 90K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Rimal 4

What is 706 worth today?

Last sold for AED 1,865,000 in 2008

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1 Dec 2017RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft
1 Dec 2016RentedRenewal
AED 102,000/yr12 months · AED 97 per sqft
1 Dec 2015RentedNew contract
AED 102,000/yr12 months · AED 97 per sqft
30 Apr 2008SoldReady
AED 1,865,000AED 1,763 per sqft
2 Apr 2008SoldReady
AED 1,450,000AED 1,370 per sqft
18 Mar 2008Sold by developerReady
AED 190,000AED 179 per sqft

Source: Dubai Land Department. Updated 1 December 2017.

Key facts

Type
1-bed apartment
Size
1,058 sqft
Floor
7th of 37
Parking
B423
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,200 /yr
Last sold
AED 1.87M · April 2008
Building
Rimal 4

About 706, Rimal 4

706 is a one-bedroom apartment of 1,058 sqft on the 7th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 April 2008 for AED 1,865,000, or AED 1,763 per sqft, 316% above the AED 424 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 December 2017, is AED 90,000 a year: a gross yield of 4.8% on the 2008 price, before the service charge of about AED 18,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Rimal 4
01M2M20072012201720222027Typical 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, March 2008: AED 190,000 (AED 179 per sqft)Sold, April 2008: AED 1,865,000 (AED 1,763 per sqft)Sold, April 2008: AED 1,450,000 (AED 1,370 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Rimal 4
60K80K100K2012201620202024Typical 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, December 2015: AED 102,000 a yearRenewal, December 2016: AED 102,000 a yearRenewal, December 2017: AED 90,000 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 706 sits

All 48 1-beds →

706 last sold in April 2008 at AED 1,763 per sqft, 316% above what one-beds in Rimal 4 were fetching at the time (AED 424). 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. 706's AED 90,000 is in the lower 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 7th floor

All 243 units in Rimal 4
Value
7013-bedAED 1.95M · Apr 2012
7023-bedAED 590K · Sep 2007
7031-bedAED 2.4M · Mar 2026
704StudioAED 299K · Aug 2007
7051-bedAED 449K · Apr 2009
707StudioAED 850K · Nov 2012
7081-bedAED 1.55M · Aug 2024
1–7 of 9

706, Rimal 4 in numbers

  • Sold 3 times: first on 18 March 2008 for AED 190,000, last on 30 April 2008 for AED 1,865,000 (AED 1,763 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 102,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2008 price is 4.8%, before a service charge of about AED 18,200 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 December 2017.

Questions about 706, Rimal 4

What did unit 706 last sell for?

AED 1,865,000 on 30 April 2008: AED 1,763 per sqft for 1,058 sqft. The unit has 3 registered sales; the first was AED 190,000 in March 2008.

What is the rent for unit 706?

AED 90,000 a year on the contract renewed on 1 December 2017. The previous contract, from December 2016, was AED 102,000; the unit has been rented since December 2015.

How big is unit 706?

1,058 sqft (98.3 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2007.

What is unit 706 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 706, Rimal 4

Starts from the last sale price (AED 1.87M, 30 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,865,000
Deposit, UAE resident (20%)
AED 373,000
Deposit, non-resident (40%)
AED 746,000
Monthly over 25 years at 3.7%
AED 7,630

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