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3-bed · 3,003 sqftRimal 4, Jumeirah Beach Residence · completed 2007

UP04, Rimal 4

Sold prices and rental history: sold 5 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP04 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 4.15M23 March 2023
Current rentAED 115K /yr29 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP04, Rimal 4

What is UP04 worth today?

Last sold for AED 4,150,000 in 2023

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23 Mar 2023SoldReady
AED 4,150,000AED 1,381 per sqft
16 Jan 2023SoldReady
AED 3,529,200AED 1,175 per sqft
9 Feb 2021SoldReady
AED 1,811,111AED 603 per sqft
29 Jun 2020RentedNew contract
AED 115,000/yr12 months · AED 38 per sqft
29 Jun 2019RentedNew contract
AED 130,000/yr12 months · AED 43 per sqft
1 Dec 2018RentedRenewal
AED 160,000/yr12 months · AED 53 per sqft
1 Dec 2017RentedNew contract
AED 160,000/yr12 months · AED 53 per sqft
20 Aug 2014SoldReady
AED 3,232,000AED 1,076 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
3-bed apartment
Size
3,003 sqft
Parking
B281/282
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,600 /yr
Last sold
AED 4.15M · March 2023
Building
Rimal 4

About UP04, Rimal 4

UP04 is a three-bedroom apartment of 3,003 sqft of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 March 2023 for AED 4,150,000, or AED 1,381 per sqft, 15% above the AED 1,206 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 29 June 2020, is AED 115,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 51,600 a year.

Sales and rents for UP04 over time

Sales
Unit UP04, each saleTypical three-bed in Rimal 4
2M4M2007201220172022Typical 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, September 2011: AED 2,704,000 (AED 900 per sqft)Sold, August 2014: AED 3,232,000 (AED 1,076 per sqft)Sold, February 2021: AED 1,811,111 (AED 603 per sqft)Sold, January 2023: AED 3,529,200 (AED 1,175 per sqft)Sold, March 2023: AED 4,150,000 (AED 1,381 per sqft)

UP04 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP04, each contractTypical three-bed in Rimal 4
150K2012201620202024Typical 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, December 2017: AED 160,000 a yearRenewal, December 2018: AED 160,000 a yearNew contract, June 2019: AED 130,000 a yearNew contract, June 2020: AED 115,000 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 UP04 sits

All 73 3-beds →

UP04 last sold in March 2023 at AED 1,381 per sqft, 15% above what three-beds in Rimal 4 were fetching at the time (AED 1,206). 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. UP04's AED 115,000 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 →

UP04, Rimal 4 in numbers

  • Sold 5 times: first on 22 September 2011 for AED 2,704,000, last on 23 March 2023 for AED 4,150,000 (AED 1,381 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 160,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 2.8%, before a service charge of about AED 51,600 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 23 March 2023.

Questions about UP04, Rimal 4

What did unit UP04 last sell for?

AED 4,150,000 on 23 March 2023: AED 1,381 per sqft for 3,003 sqft. The unit has 5 registered sales; the first was AED 2,704,000 in September 2011.

What is the rent for unit UP04?

AED 115,000 a year on the contract signed on 29 June 2020. The previous contract, from June 2019, was AED 130,000; the unit has been rented since December 2017.

How big is unit UP04?

3,003 sqft (279.0 sqm): a three-bedroom apartment of a 37-storey tower completed in 2007.

What is unit UP04 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 UP04, Rimal 4

Starts from the last sale price (AED 4.15M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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