3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 16th floor · completed 2007

1608, Rimal 4

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 699K15 January 2008
Current rentAED 132K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Rimal 4

What is 1608 worth today?

Last sold for AED 699,000 in 2008

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15 Jan 2025RentedRenewal
AED 132,000/yr12 months · AED 68 per sqft
15 Jan 2024RentedRenewal
AED 132,000/yr12 months · AED 68 per sqft
15 Jan 2023RentedRenewal
AED 120,000/yr12 months · AED 62 per sqft
15 Dec 2021RentedRenewal
AED 136,500/yr13 months · AED 71 per sqft
15 Nov 2020RentedRenewal
AED 136,500/yr13 months · AED 71 per sqft
25 Jun 2018RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
25 May 2017RentedRenewal
AED 189,000/yr12 months · AED 98 per sqft
25 May 2016RentedNew contract
AED 180,000/yr12 months · AED 93 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
16th of 37
Parking
M219+659
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 699K · January 2008
Building
Rimal 4

About 1608, Rimal 4

1608 is a three-bedroom apartment of 1,929 sqft on the 16th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 15 January 2008 for AED 699,000, or AED 362 per sqft, in line with the AED 362 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 132,000 a year: a gross yield of 18.9% on the 2008 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, January 2008: AED 699,000 (AED 362 per sqft)

1608 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1608, each contractTypical three-bed in Rimal 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 160,850; 2015 AED 168,000; 2016 AED 168,000; 2017 AED 165,500; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 115,000; 2022 AED 126,000; 2023 AED 137,500; 2024 AED 162,750; 2025 AED 180,000New contract, December 2014: AED 200,000 a yearNew contract, May 2016: AED 180,000 a yearRenewal, May 2017: AED 189,000 a yearNew contract, June 2018: AED 155,000 a yearRenewal, November 2020: AED 136,500 a yearRenewal, December 2021: AED 136,500 a yearRenewal, January 2023: AED 120,000 a yearRenewal, January 2024: AED 132,000 a yearRenewal, January 2025: AED 132,000 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 1608 sits

All 72 3-beds →

1608 last sold in January 2008 at AED 362 per sqft, in line with what three-beds in Rimal 4 were fetching at the time (AED 362). 1608's AED 132,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jul 20253,150,000
9 May 20252,630,000
17 Mar 20253,725,000
4 Mar 20252,900,000
0 3-bed 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 16th floor

All 243 units in Rimal 4
Value
16013-bedAED 1.6M · Feb 2021
16023-bedAED 2.73M · Jun 2024
16032-bedAED 2.2M · Nov 2024
16042-bedAED 3.07M · May 2014
16052-bedAED 1.25M · Oct 2020
16062-bedAED 550K · Dec 2012
16073-bedAED 699K · Nov 2020

1608, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 15 January 2008 for AED 699,000, or AED 362 per sqft.
  • Rented since December 2014 on 9 Ejari contracts, from AED 200,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2008 price is 18.9%, before a service charge of about AED 33,100 a year (AED 17.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.

Questions about 1608, Rimal 4

What did unit 1608 last sell for?

AED 699,000 on 15 January 2008, sold by the developer: AED 362 per sqft for 1,929 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 132,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 132,000; the unit has been rented since December 2014.

How big is unit 1608?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 16th floor of a 37-storey tower completed in 2007.

What is unit 1608 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 1608, Rimal 4

Starts from the last sale price (AED 699K, 15 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →