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

UP06, Rimal 4

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP06 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 1.8M6 August 2014
Current rentAED 138K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP06, Rimal 4

What is UP06 worth today?

Last sold for AED 1,804,000 in 2014

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10 May 2023RentedRenewal
AED 137,500/yr24 months · AED 69 per sqft
10 Apr 2022RentedNew contract
AED 120,000/yr13 months · AED 60 per sqft
15 Jan 2021RentedNew contract
AED 87,692/yr13 months · AED 44 per sqft
1 Jul 2018RentedRenewal
AED 135,000/yr12 months · AED 68 per sqft
1 Jul 2017RentedNew contract
AED 135,000/yr12 months · AED 68 per sqft
1 Jul 2017RentedNew contract
AED 232,500/yr7 months · AED 117 per sqft
4 Sep 2015RentedRenewal
AED 173,250/yr12 months · AED 87 per sqft
4 Sep 2014RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
3-bed apartment
Size
1,995 sqft
Parking
B287/288
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 1.8M · August 2014
Building
Rimal 4

About UP06, Rimal 4

UP06 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. The developer sold it on 6 August 2014 for AED 1,804,000, or AED 904 per sqft, 37% below the AED 1,445 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 10 May 2023, is AED 137,500 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 34,300 a year.

Sales and rents for UP06 over time

Sales
Unit UP06, 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, August 2014: AED 1,804,000 (AED 904 per sqft)

UP06 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP06, each contractTypical three-bed in Rimal 4
100K200K2012201620202024Typical 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, September 2014: AED 165,000 a yearRenewal, September 2015: AED 173,250 a yearNew contract, July 2017: AED 135,000 a yearNew contract, July 2017: AED 232,500 a yearRenewal, July 2018: AED 135,000 a yearNew contract, January 2021: AED 87,692 a yearNew contract, April 2022: AED 120,000 a yearRenewal, May 2023: AED 137,500 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 UP06 sits

All 73 3-beds →

UP06 last sold in August 2014 at AED 904 per sqft, 37% below what three-beds in Rimal 4 were fetching at the time (AED 1,445). 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. UP06's AED 137,500 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 →

UP06, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 6 August 2014 for AED 1,804,000, or AED 904 per sqft.
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 87,692 in 2021 and recovered to AED 137,500 by May 2023.
  • At AED 137,500 a year the gross yield on the 2014 price is 7.6%, 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 10 May 2023.

Questions about UP06, Rimal 4

What did unit UP06 last sell for?

AED 1,804,000 on 6 August 2014, sold by the developer: AED 904 per sqft for 1,995 sqft. It is the only registered sale of the unit.

What is the rent for unit UP06?

AED 137,500 a year on the contract renewed on 10 May 2023. The previous contract, from April 2022, was AED 120,000; the unit has been rented since September 2014.

How big is unit UP06?

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

What is unit UP06 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 UP06, Rimal 4

Starts from the last sale price (AED 1.8M, 6 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,804,000
Deposit, UAE resident (20%)
AED 360,800
Deposit, non-resident (40%)
AED 721,600
Monthly over 25 years at 3.7%
AED 7,381

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