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2-bed · 1,396 sqftRimal 4, Jumeirah Beach Residence · 24th floor · completed 2007

2405, Rimal 4

Sold prices and rental history: sold twice, last in May 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 23 May 2017
Last soldAED 975K23 May 2017
Current rentAED 130K /yr21 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Rimal 4

What is 2405 worth today?

Last sold for AED 975,000 in 2017

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23 May 2017SoldReady
AED 975,000AED 698 per sqft
21 Jan 2017RentedRenewal
AED 130,000/yr12 months · AED 93 per sqft
21 Jan 2016RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
13 Oct 2014RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
10 Mar 2008Sold by developerReady
AED 553,350AED 396 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 May 2017.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
24th of 37
Parking
B355
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 975K · May 2017
Building
Rimal 4

About 2405, Rimal 4

2405 is a two-bedroom apartment of 1,396 sqft on the 24th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 May 2017 for AED 975,000, or AED 698 per sqft, 44% below the AED 1,249 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 21 January 2017, is AED 130,000 a year: a gross yield of 13.3% on the 2017 price, before the service charge of about AED 24,000 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, March 2008: AED 553,350 (AED 396 per sqft)Sold, May 2017: AED 975,000 (AED 698 per sqft)

2405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, 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, October 2014: AED 140,000 a yearNew contract, January 2016: AED 130,000 a yearRenewal, January 2017: AED 130,000 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 2405 sits

All 86 2-beds →

2405 last sold in May 2017 at AED 698 per sqft, 44% below what two-beds in Rimal 4 were fetching at the time (AED 1,249). 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. 2405's AED 130,000 is in the lower 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 24th floor

All 243 units in Rimal 4
Value
24012-bedAED 2.02M · Aug 2023
24022-bedAED 550K · Jun 2008
24032-bedAED 1.83M · Feb 2010
24042-bedAED 2.75M · Jan 2022
24062-bedAED 2.25M · Dec 2024
24072-bedAED 599K · Sep 2007
24082-bedAED 599K · Sep 2007

2405, Rimal 4 in numbers

  • Sold twice: first on 10 March 2008 for AED 553,350, last on 23 May 2017 for AED 975,000 (AED 698 per sqft).
  • Rented since October 2014 on 3 Ejari contracts, from AED 140,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 13.3%, before a service charge of about AED 24,000 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 23 May 2017.

Questions about 2405, Rimal 4

What did unit 2405 last sell for?

AED 975,000 on 23 May 2017: AED 698 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 553,350 in March 2008.

What is the rent for unit 2405?

AED 130,000 a year on the contract renewed on 21 January 2017. The previous contract, from January 2016, was AED 130,000; the unit has been rented since October 2014.

How big is unit 2405?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 24th floor of a 37-storey tower completed in 2007.

What is unit 2405 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 2405, Rimal 4

Starts from the last sale price (AED 975K, 23 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →