2-bed · 1,392 sqftRimal 4, Jumeirah Beach Residence · 17th floor · completed 2007

1704, Rimal 4

Sold prices and rental history: sold 4 times, last in August 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.95M30 August 2015
Current rentAED 150K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Rimal 4

What is 1704 worth today?

Last sold for AED 1,953,506 in 2015

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1 Dec 2023RentedNew contract
AED 150,000/yr12 months · AED 108 per sqft
1 Dec 2022RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
5 Nov 2017RentedRenewal
AED 125,000/yr12 months · AED 90 per sqft
5 Nov 2015RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
30 Aug 2015SoldReady
AED 1,953,506AED 1,403 per sqft
7 May 2008SoldReady
AED 2,200,000AED 1,580 per sqft
6 Mar 2008SoldReady
AED 2,000,000AED 1,437 per sqft
3 Jan 2008Sold by developerReady
AED 599,000AED 430 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
17th of 37
Parking
M390
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,900 /yr
Last sold
AED 1.95M · August 2015
Building
Rimal 4

About 1704, Rimal 4

1704 is a two-bedroom apartment of 1,392 sqft on the 17th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 August 2015 for AED 1,953,506, or AED 1,403 per sqft, 6% below the AED 1,499 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 150,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Rimal 4
1M2M3M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 1,228,350; 2010 AED 1,550,000; 2011 AED 1,250,000; 2012 AED 1,300,000; 2013 AED 1,700,000; 2014 AED 2,700,000; 2015 AED 1,953,506; 2016 AED 1,677,250; 2018 AED 2,000,000; 2019 AED 1,441,250; 2020 AED 1,505,000; 2021 AED 1,275,000; 2022 AED 2,050,000; 2024 AED 2,150,000; 2025 AED 2,222,500Sold by developer, January 2008: AED 599,000 (AED 430 per sqft)Sold, March 2008: AED 2,000,000 (AED 1,437 per sqft)Sold, May 2008: AED 2,200,000 (AED 1,580 per sqft)Sold, August 2015: AED 1,953,506 (AED 1,403 per sqft)

1704 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Rimal 4
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 111,000; 2014 AED 130,725; 2015 AED 140,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 108,843; 2020 AED 90,000; 2021 AED 82,500; 2022 AED 95,900; 2023 AED 110,000; 2024 AED 123,014; 2025 AED 126,500; 2026 AED 130,000New contract, November 2015: AED 145,000 a yearRenewal, November 2017: AED 125,000 a yearNew contract, December 2022: AED 145,000 a yearNew contract, December 2023: AED 150,000 a year

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

2-beds in Rimal 4, and where 1704 sits

All 86 2-beds →

1704 last sold in August 2015 at AED 1,403 per sqft, 6% below what two-beds in Rimal 4 were fetching at the time (AED 1,499). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,928 per sqft, and rent for AED 122,210 to 170,000 a year. 1704's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 20262,500,000
19 Jun 20253,100,000
8 Apr 20252,095,000
30 Jan 20252,350,000
1 2-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 17th floor

All 243 units in Rimal 4
Value
17013-bedAED 388K · Nov 2022
17023-bedAED 2.75M · Jun 2017
17032-bedAED 1.8M · Apr 2009
17052-bedAED 1.3M · Apr 2021
17062-bedAED 1.47M · Apr 2021
17073-bedAED 2.65M · Aug 2011
17083-bedAED 3M · Mar 2017

1704, Rimal 4 in numbers

  • Sold 4 times: first on 3 January 2008 for AED 599,000, last on 30 August 2015 for AED 1,953,506 (AED 1,403 per sqft).
  • Rented since November 2015 on 4 Ejari contracts. The rent fell from AED 145,000 to AED 125,000 in 2017 and recovered to AED 150,000 by December 2023.
  • At AED 150,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 23,900 a year (AED 17.18 per sqft).
  • Two-beds in Rimal 4 sold for AED 2,500,000–2,500,000 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 1 December 2023.

Questions about 1704, Rimal 4

What did unit 1704 last sell for?

AED 1,953,506 on 30 August 2015: AED 1,403 per sqft for 1,392 sqft. The unit has 4 registered sales; the first was AED 599,000 in January 2008.

What is the rent for unit 1704?

AED 150,000 a year on the contract signed on 1 December 2023. The previous contract, from December 2022, was AED 145,000; the unit has been rented since November 2015.

How big is unit 1704?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 17th floor of a 37-storey tower completed in 2007.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 4 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,928 per sqft.

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Mortgage on 1704, Rimal 4

Starts from the last sale price (AED 1.95M, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,953,506
Deposit, UAE resident (20%)
AED 390,701
Deposit, non-resident (40%)
AED 781,402
Monthly over 25 years at 3.7%
AED 7,992

Plus AED 87,057 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →