1-bed · 1,058 sqftRimal 4, Jumeirah Beach Residence · 12th floor · completed 2007

1206, Rimal 4

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 16 May 2023
Last soldAED 1.7M16 May 2023
Current rentAED 70K /yr23 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Rimal 4

What is 1206 worth today?

Last sold for AED 1,700,000 in 2023

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16 May 2023SoldReady
AED 1,700,000AED 1,607 per sqft
22 Sep 2022SoldReady
AED 1,240,000AED 1,172 per sqft
23 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
15 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft
15 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
18 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 81 per sqft
18 Sep 2017RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft
18 Sep 2016RentedNew contract
AED 90,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Key facts

Type
1-bed apartment
Size
1,058 sqft
Floor
12th of 37
Parking
B404
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,200 /yr
Last sold
AED 1.7M · May 2023
Building
Rimal 4

About 1206, Rimal 4

1206 is a one-bedroom apartment of 1,058 sqft on the 12th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 May 2023 for AED 1,700,000, or AED 1,607 per sqft, 20% above the AED 1,339 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 November 2021, is AED 70,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Rimal 4
1M2007201220172022Typical sale price by year: 2007 AED 449,000; 2008 AED 449,000; 2009 AED 449,000; 2010 AED 449,000; 2012 AED 380,000; 2013 AED 1,175,000; 2016 AED 1,365,000; 2017 AED 811,250; 2018 AED 1,300,000; 2020 AED 787,500; 2022 AED 1,310,000; 2023 AED 1,675,000; 2024 AED 1,550,000Sold by developer, September 2013: AED 415,000 (AED 392 per sqft)Sold, November 2013: AED 1,125,000 (AED 1,063 per sqft)Sold, September 2022: AED 1,240,000 (AED 1,172 per sqft)Sold, May 2023: AED 1,700,000 (AED 1,607 per sqft)

1206 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Rimal 4
60K80K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 98,000; 2015 AED 101,000; 2016 AED 104,688; 2017 AED 100,000; 2018 AED 94,000; 2019 AED 78,000; 2020 AED 68,750; 2021 AED 65,000; 2022 AED 77,385; 2023 AED 90,000; 2024 AED 98,000; 2025 AED 95,000New contract, January 2014: AED 95,000 a yearNew contract, January 2015: AED 105,000 a yearNew contract, September 2016: AED 90,000 a yearRenewal, September 2017: AED 90,000 a yearRenewal, September 2018: AED 85,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 65,000 a yearNew contract, November 2021: AED 70,000 a year

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

1-beds in Rimal 4, and where 1206 sits

All 48 1-beds →

1206 last sold in May 2023 at AED 1,607 per sqft, 20% above what one-beds in Rimal 4 were fetching at the time (AED 1,339). Over the last 12 months one-beds sold for AED 1,740,000, around AED 1,635 per sqft, and rent for AED 90,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,740,000
10 Jul 20251,600,000
7 Aug 20241,470,000
5 Aug 20241,550,000
1 1-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. 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 12th floor

All 243 units in Rimal 4
Value
12013-bedAED 2.45M · Jun 2023
12023-bedAED 323K · Aug 2011
12031-bedAED 449K · Sep 2007
1204StudioAED 500K · Jun 2009
12051-bedAED 449K · Oct 2020
1207StudioAED 850K · Jan 2013
12081-bedAED 415K · Aug 2009
1–7 of 9

1206, Rimal 4 in numbers

  • Sold 4 times: first on 8 September 2013 for AED 415,000, last on 16 May 2023 for AED 1,700,000 (AED 1,607 per sqft).
  • Rented since January 2014 on 8 Ejari contracts, from AED 95,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 18,200 a year (AED 17.18 per sqft).
  • One-beds in Rimal 4 sold for AED 1,740,000–1,740,000 in the 12 months to November 2026; the building's median across all types is AED 1,782 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2023.

Questions about 1206, Rimal 4

What did unit 1206 last sell for?

AED 1,700,000 on 16 May 2023: AED 1,607 per sqft for 1,058 sqft. The unit has 4 registered sales; the first was AED 415,000 in September 2013.

What is the rent for unit 1206?

AED 70,000 a year on the contract signed on 23 November 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since January 2014.

How big is unit 1206?

1,058 sqft (98.3 sqm): a one-bedroom apartment on the 12th floor of a 37-storey tower completed in 2007.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 4 sold for AED 1,740,000 to 1,740,000 in the last 12 months, around AED 1,635 per sqft.

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Mortgage on 1206, Rimal 4

Starts from the last sale price (AED 1.7M, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →