3-bed · 1,995 sqftRimal 4, Jumeirah Beach Residence · completed 2007

UP01, Rimal 4

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.55M13 March 2011
Current rentAED 138K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP01, Rimal 4

What is UP01 worth today?

Last sold for AED 1,550,000 in 2011

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1 Mar 2024RentedRenewal
AED 138,000/yr12 months · AED 69 per sqft
1 Mar 2023RentedRenewal
AED 120,000/yr12 months · AED 60 per sqft
1 Mar 2022RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
25 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 53 per sqft
23 May 2018RentedNew contract
AED 125,000/yr12 months · AED 63 per sqft
20 Nov 2016RentedRenewal
AED 130,000/yr12 months · AED 65 per sqft
21 Nov 2015RentedRenewal
AED 160,431/yr12 months · AED 81 per sqft
21 Nov 2014RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
1,995 sqft
Parking
M231/232
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 1.55M · March 2011
Building
Rimal 4

About UP01, Rimal 4

UP01 is a three-bedroom apartment of 1,995 sqft of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 March 2011 for AED 1,550,000, or AED 776 per sqft, 43% above the AED 543 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 138,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 34,300 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, each saleTypical three-bed in Rimal 4
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 645,000; 2009 AED 699,000; 2010 AED 1,500,000; 2011 AED 2,400,000; 2012 AED 1,930,000; 2013 AED 2,462,500; 2014 AED 2,812,500; 2017 AED 2,600,000; 2021 AED 1,850,000; 2023 AED 2,450,000; 2024 AED 3,050,000; 2025 AED 3,150,000Sold by developer, February 2010: AED 2,008,650 (AED 1,006 per sqft)Sold, March 2011: AED 1,550,000 (AED 776 per sqft)

UP01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP01, each contractTypical three-bed in Rimal 4
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 146,000; 2014 AED 154,171; 2015 AED 170,000; 2016 AED 168,000; 2017 AED 163,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 115,000; 2022 AED 126,250; 2023 AED 141,725; 2024 AED 162,750; 2025 AED 179,250; 2026 AED 162,000New contract, November 2014: AED 160,000 a yearRenewal, November 2015: AED 160,431 a yearRenewal, November 2016: AED 130,000 a yearNew contract, May 2018: AED 125,000 a yearNew contract, October 2019: AED 105,000 a yearNew contract, March 2022: AED 120,000 a yearRenewal, March 2023: AED 120,000 a yearRenewal, March 2024: AED 138,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 4, and where UP01 sits

All 73 3-beds →

UP01 last sold in March 2011 at AED 776 per sqft, 43% above what three-beds in Rimal 4 were fetching at the time (AED 543). Over the last 12 months three-beds sold for AED 3,128,000, around AED 1,621 per sqft, and rent for AED 140,000 to 220,000 a year. UP01's AED 138,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20263,128,000
2 Jul 20253,150,000
9 May 20252,630,000
17 Mar 20253,725,000
1 3-bed sale 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 →

UP01, Rimal 4 in numbers

  • Sold twice: first on 28 February 2010 for AED 2,008,650, last on 13 March 2011 for AED 1,550,000 (AED 776 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2019 and recovered to AED 138,000 by March 2024.
  • At AED 138,000 a year the gross yield on the 2011 price is 8.9%, before a service charge of about AED 34,300 a year (AED 17.18 per sqft).
  • Three-beds in Rimal 4 sold for AED 3,128,000–3,128,000 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 UP01, Rimal 4

What did unit UP01 last sell for?

AED 1,550,000 on 13 March 2011: AED 776 per sqft for 1,995 sqft. The unit has 2 registered sales; the first was AED 2,008,650 in February 2010.

What is the rent for unit UP01?

AED 138,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 120,000; the unit has been rented since November 2014.

How big is unit UP01?

1,995 sqft (185.3 sqm): a three-bedroom apartment of a 37-storey tower completed in 2007.

What is unit UP01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 4 sold for AED 3,128,000 to 3,128,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on UP01, Rimal 4

Starts from the last sale price (AED 1.55M, 13 March 2011). 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 →