L04, Rimal 1
Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L04, Rimal 1
What is L04 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,313 sqft
- Floor
- Ground of 47
- Parking
- M596/ M597
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 805K · November 2012
- Building
- Rimal 1
About L04, Rimal 1
L04 is a one-bedroom apartment of 1,313 sqft on the ground floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 8 November 2012 for AED 805,000, or AED 613 per sqft.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 135,000 a year: a gross yield of 16.8% on the 2012 price, before the service charge of about AED 20,700 a year.
Sales and rents for L04 over time
L04 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 1, and where L04 sits
All 37 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,545
- Typical sale
- AED 2.43M
- Typical rent
- AED 135K /yr
- Typical yield
- 6.0%
Other units on the ground floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| L01 | 1-bed | 2,121 sqft | AED 1.52MAED 1,520,000 · May 2011May 2011 | 295,000 /yr | |
| L02 | 1-bed | 2,121 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 270,000 /yr | |
| L03 | 1-bed | 1,661 sqft | AED 1.04MAED 1,035,000 · Mar 2008March 2008 | 187,000 /yr | |
| L05 | 1-bed | 1,661 sqft | AED 1.5MAED 1,500,000 · Nov 2019November 2019 | 90,000 /yr | |
| LP1 | 4-bed | 5,062 sqft | AED 6.1MAED 6,095,735 · Jan 2024January 2024 | 1,080,000 /yr | |
| LP2 | 3-bed | 3,090 sqft | AED 3.98MAED 3,980,000 · Mar 2024March 2024 | ||
| LP4 | 4-bed | 4,191 sqft | AED 5.05MAED 5,050,000 · Feb 2023February 2023 |
L04, Rimal 1 in numbers
- Sold once: by Dubai Properties on 8 November 2012 for AED 805,000, or AED 613 per sqft.
- Rented since December 2013 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 84,000 in 2021 and recovered to AED 135,000 by August 2025.
- At AED 135,000 a year the gross yield on the 2012 price is 16.8%, before a service charge of about AED 20,700 a year (AED 15.73 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.
Questions about L04, Rimal 1
What did unit L04 last sell for?
AED 805,000 on 8 November 2012, sold by the developer: AED 613 per sqft for 1,313 sqft. It is the only registered sale of the unit.
What is the rent for unit L04?
AED 135,000 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 125,000; the unit has been rented since December 2013.
How big is unit L04?
1,313 sqft (122.0 sqm): a one-bedroom apartment on the ground floor of a 47-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 1
Starts from the last sale price (AED 805K, 8 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 805,000
- Deposit, UAE resident (20%)
- AED 161,000
- Deposit, non-resident (40%)
- AED 322,000
- Monthly over 25 years at 3.7%
- AED 3,294
Plus AED 38,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →