L02, Rimal 4
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L02, Rimal 4
What is L02 worth today?
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Source: Dubai Land Department. Updated 22 October 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 2,162 sqft
- Floor
- Ground of 37
- Parking
- G156-7
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 37,100 /yr
- Last sold
- AED 4.4M · October 2024
- Building
- Rimal 4
About L02, Rimal 4
L02 is a penthouse of 2,162 sqft on the ground floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 October 2024 for AED 4,400,000, or AED 2,035 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 February 2024, is AED 180,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 37,100 a year.
Penthouses in Rimal 4, and where L02 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Oct 202125 October 2021 | 5,637 sqft | 12,000,000 | 2,128 | ||
| 11 Jan 201811 January 2018 | 2,818 sqft | 3,000,000 | 1,064 | ||
| 1 May 20171 May 2017 | 5,637 sqft | 8,600,000 | 1,525 | ||
| 29 Apr 201529 April 2015 | 2,172 sqft | 3,925,000 | 1,807 |
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 ground floor
All 243 units in Rimal 4L02, Rimal 4 in numbers
- Sold twice: first on 3 June 2008 for AED 1,490,000, last on 22 October 2024 for AED 4,400,000 (AED 2,035 per sqft).
- Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 150,000 in 2022 and recovered to AED 180,000 by February 2024.
- At AED 180,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 37,100 a year (AED 17.18 per sqft).
Source: Dubai Land Department. Updated 22 October 2024.
Questions about L02, Rimal 4
What did unit L02 last sell for?
AED 4,400,000 on 22 October 2024: AED 2,035 per sqft for 2,162 sqft. The unit has 2 registered sales; the first was AED 1,490,000 in June 2008.
What is the rent for unit L02?
AED 180,000 a year on the contract signed on 1 February 2024. The previous contract, from February 2023, was AED 165,000; the unit has been rented since March 2017.
How big is unit L02?
2,162 sqft (200.9 sqm): a penthouse on the ground floor of a 37-storey tower completed in 2007.
What is unit L02 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 L02, Rimal 4
Starts from the last sale price (AED 4.4M, 22 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,400,000
- Deposit, UAE resident (20%)
- AED 880,000
- Deposit, non-resident (40%)
- AED 1,760,000
- Monthly over 25 years at 3.7%
- AED 18,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →