Studio · 699 sqftRimal 4, Jumeirah Beach Residence · 10th floor · completed 2007

1004, Rimal 4

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 299K24 September 2007
Current rentAED 63K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Rimal 4

What is 1004 worth today?

Last sold for AED 299,000 in 2007

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29 Feb 2024RentedRenewal
AED 62,920/yr12 months · AED 90 per sqft
1 Mar 2022RentedRenewal
AED 52,000/yr12 months · AED 74 per sqft
1 Mar 2021RentedNew contract
AED 52,000/yr12 months · AED 74 per sqft
1 Mar 2020RentedRenewal
AED 58,000/yr12 months · AED 83 per sqft
1 Mar 2019RentedNew contract
AED 62,000/yr12 months · AED 89 per sqft
13 Dec 2017RentedRenewal
AED 70,000/yr12 months · AED 100 per sqft
13 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
20 Nov 2015RentedNew contract
AED 66,550/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 February 2024.

Key facts

Type
Studio apartment
Size
699 sqft
Floor
10th of 37
Parking
M360
Developer
Dubai Properties
Completed
2007
Service charge
AED 12,000 /yr
Last sold
AED 299K · September 2007
Building
Rimal 4

About 1004, Rimal 4

1004 is a studio of 699 sqft on the 10th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 September 2007 for AED 299,000, or AED 427 per sqft, in line with the AED 427 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 62,920 a year: a gross yield of 21.0% on the 2007 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in Rimal 4
500K1M20072011201520192023Typical sale price by year: 2007 AED 299,000; 2008 AED 287,000; 2010 AED 825,000; 2013 AED 662,500; 2022 AED 913,500Sold by developer, September 2007: AED 299,000 (AED 427 per sqft)

1004 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1004, each contractTypical studio in Rimal 4
60K2013201720212025Typical rent by year: 2013 AED 59,000; 2014 AED 75,285; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 74,425; 2018 AED 71,101; 2019 AED 60,000; 2020 AED 54,000; 2021 AED 51,000; 2022 AED 52,000; 2023 AED 75,000; 2024 AED 70,000; 2025 AED 68,000New contract, November 2015: AED 66,550 a yearNew contract, December 2016: AED 75,000 a yearRenewal, December 2017: AED 70,000 a yearNew contract, March 2019: AED 62,000 a yearRenewal, March 2020: AED 58,000 a yearNew contract, March 2021: AED 52,000 a yearRenewal, March 2022: AED 52,000 a yearRenewal, February 2024: AED 62,920 a year

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

Studios in Rimal 4, and where 1004 sits

All 23 studios →

1004 last sold in September 2007 at AED 427 per sqft, in line with what studios in Rimal 4 were fetching at the time (AED 427). 1004's AED 62,920 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Apr 20251,300,000
31 Jul 20241,200,000
4 Jul 20241,300,000
10 Jul 20231,100,000
0 studio sales 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. 2 sold in the last 12 months.

Typical price per sqft
AED 1,782
Typical sale
AED 2.12M
Typical rent
AED 139K /yr
Typical yield
5.4%
Rimal 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 243 units in Rimal 4
Value
10013-bedAED 2.4M · Nov 2013
10023-bedAED 1.64M · Apr 2019
10051-bedAED 1.3M · Apr 2018
10061-bedAED 1.6M · Oct 2013
1007StudioAED 275K · Jan 2008
10081-bedAED 415K · Jan 2008
10093-bedAED 2.9M · Jul 2012
1–7 of 8

1004, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 24 September 2007 for AED 299,000, or AED 427 per sqft.
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 66,550 to AED 52,000 in 2022 and recovered to AED 62,920 by February 2024.
  • At AED 62,920 a year the gross yield on the 2007 price is 21.0%, before a service charge of about AED 12,000 a year (AED 17.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 29 February 2024.

Questions about 1004, Rimal 4

What did unit 1004 last sell for?

AED 299,000 on 24 September 2007, sold by the developer: AED 427 per sqft for 699 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 62,920 a year on the contract renewed on 29 February 2024. The previous contract, from March 2022, was AED 52,000; the unit has been rented since November 2015.

How big is unit 1004?

699 sqft (64.9 sqm): a studio on the 10th floor of a 37-storey tower completed in 2007.

What is unit 1004 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 1004, Rimal 4

Starts from the last sale price (AED 299K, 24 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

Plus AED 15,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →