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1-bed · 1,064 sqftRimal 4, Jumeirah Beach Residence · 7th floor · completed 2007

708, Rimal 4

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.55M5 August 2024
Current rentAED 100K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Rimal 4

What is 708 worth today?

Last sold for AED 1,550,000 in 2024

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5 Aug 2024SoldReady
AED 1,550,000AED 1,457 per sqft
15 Oct 2023RentedRenewal
AED 100,000/yr6 months · AED 94 per sqft
15 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
10 Mar 2020RentedRenewal
AED 77,000/yr12 months · AED 72 per sqft
10 Mar 2019RentedNew contract
AED 84,000/yr12 months · AED 79 per sqft
29 Dec 2017RentedRenewal
AED 100,000/yr12 months · AED 94 per sqft
29 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 94 per sqft
13 Sep 2016RentedRenewal
AED 105,000/yr1 months · AED 99 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
7th of 37
Parking
B417
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,300 /yr
Last sold
AED 1.55M · August 2024
Building
Rimal 4

About 708, Rimal 4

708 is a one-bedroom apartment of 1,064 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 5 August 2024 for AED 1,550,000, or AED 1,457 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 100,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 2013: AED 299,000 (AED 281 per sqft)Sold, August 2024: AED 1,550,000 (AED 1,457 per sqft)

708 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 708, 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, August 2015: AED 105,000 a yearNew contract, August 2016: AED 105,000 a yearRenewal, September 2016: AED 105,000 a yearNew contract, December 2016: AED 100,000 a yearRenewal, December 2017: AED 100,000 a yearNew contract, March 2019: AED 84,000 a yearRenewal, March 2020: AED 77,000 a yearNew contract, October 2022: AED 95,000 a yearRenewal, October 2023: AED 100,000 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 708 sits

All 48 1-beds →

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. 708's AED 100,000 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
7061-bedAED 1.87M · Apr 2008
707StudioAED 850K · Nov 2012
1–7 of 9

708, Rimal 4 in numbers

  • Sold twice: first on 3 October 2013 for AED 299,000, last on 5 August 2024 for AED 1,550,000 (AED 1,457 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 77,000 in 2020 and recovered to AED 100,000 by October 2023.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.5%, 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 5 August 2024.

Questions about 708, Rimal 4

What did unit 708 last sell for?

AED 1,550,000 on 5 August 2024: AED 1,457 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 299,000 in October 2013.

What is the rent for unit 708?

AED 100,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 95,000; the unit has been rented since August 2015.

How big is unit 708?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2007.

What is unit 708 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 708, Rimal 4

Starts from the last sale price (AED 1.55M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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