L04, Rimal 4
Sold prices and rental history: sold 3 times, last in February 2013, and rented once, from December 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L04, Rimal 4
What is L04 worth today?
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Source: Dubai Land Department. Updated 3 February 2013.
Key facts
- Type
- Penthouse apartment
- Size
- 2,172 sqft
- Floor
- Ground of 37
- Parking
- B328
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 37,300 /yr
- Last sold
- AED 2.7M · February 2013
- Building
- Rimal 4
About L04, Rimal 4
L04 is a penthouse of 2,172 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 3 February 2013 for AED 2,700,000, or AED 1,243 per sqft.
One Ejari contract is registered, from 12 December 2012. The current contract, signed on 12 December 2012, is AED 200,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 37,300 a year.
Penthouses in Rimal 4, and where L04 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202422 October 2024 | 2,162 sqft | 4,400,000 | 2,035 | ||
| 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 |
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 4L04, Rimal 4 in numbers
- Sold 3 times: first on 9 April 2008 for AED 1,953,000, last on 3 February 2013 for AED 2,700,000 (AED 1,243 per sqft).
- Rented since December 2012 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 37,300 a year (AED 17.18 per sqft).
Source: Dubai Land Department. Updated 3 February 2013.
Questions about L04, Rimal 4
What did unit L04 last sell for?
AED 2,700,000 on 3 February 2013: AED 1,243 per sqft for 2,172 sqft. The unit has 3 registered sales; the first was AED 1,953,000 in April 2008.
What is the rent for unit L04?
AED 200,000 a year on the contract signed on 12 December 2012.
How big is unit L04?
2,172 sqft (201.8 sqm): a penthouse on the ground floor of a 37-storey tower completed in 2007.
What is unit L04 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 L04, Rimal 4
Starts from the last sale price (AED 2.7M, 3 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →