2-bed · 1,422 sqftRimal 4, Jumeirah Beach Residence · 29th floor · completed 2007

2904, Rimal 4

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.25M19 May 2011
Current rentAED 110K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Rimal 4

What is 2904 worth today?

Last sold for AED 1,250,000 in 2011

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1 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
1 Jun 2017RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
1 Jun 2016RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
19 May 2011SoldReady
AED 1,250,000AED 879 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
29th of 37
Parking
B361
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,400 /yr
Last sold
AED 1.25M · May 2011
Building
Rimal 4

About 2904, Rimal 4

2904 is a two-bedroom apartment of 1,422 sqft on the 29th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 May 2011 for AED 1,250,000, or AED 879 per sqft, 10% below the AED 977 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 110,000 a year: a gross yield of 8.8% on the 2011 price, before the service charge of about AED 24,400 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, October 2007: AED 550,000 (AED 386 per sqft)Sold, May 2011: AED 1,250,000 (AED 879 per sqft)

2904 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, 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, June 2016: AED 110,000 a yearNew contract, June 2017: AED 105,000 a yearNew contract, June 2018: AED 100,000 a yearRenewal, June 2019: AED 100,000 a yearRenewal, June 2021: AED 85,000 a yearRenewal, June 2023: AED 100,000 a yearRenewal, June 2024: AED 110,000 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 2904 sits

All 86 2-beds →

2904 last sold in May 2011 at AED 879 per sqft, 10% below what two-beds in Rimal 4 were fetching at the time (AED 977). 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. 2904's AED 110,000 is at the bottom 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 134K /yr
Typical yield
5.3%
Rimal 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 29th floor

All 243 units in Rimal 4
Value
29012-bedAED 599K · Feb 2008
29022-bedAED 599K · Sep 2007
29032-bedAED 750K · Nov 2008

2904, Rimal 4 in numbers

  • Sold twice: first on 15 October 2007 for AED 550,000, last on 19 May 2011 for AED 1,250,000 (AED 879 per sqft).
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2021 and recovered to AED 110,000 by June 2024.
  • At AED 110,000 a year the gross yield on the 2011 price is 8.8%, before a service charge of about AED 24,400 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 June 2024.

Questions about 2904, Rimal 4

What did unit 2904 last sell for?

AED 1,250,000 on 19 May 2011: AED 879 per sqft for 1,422 sqft. The unit has 2 registered sales; the first was AED 550,000 in October 2007.

What is the rent for unit 2904?

AED 110,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 100,000; the unit has been rented since June 2016.

How big is unit 2904?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 29th floor of a 37-storey tower completed in 2007.

What is unit 2904 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 2904, Rimal 4

Starts from the last sale price (AED 1.25M, 19 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →