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4-bed · 3,022 sqftRimal 4, Jumeirah Beach Residence · 35th floor · completed 2007

3502, Rimal 4

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

Unit 3502 · DLD and Ejari recordsUpdated 13 August 2023
Last soldAED 875K31 December 2008
Current rentAED 185K /yr13 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, Rimal 4

What is 3502 worth today?

Last sold for AED 875,000 in 2008

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13 Aug 2023RentedRenewal
AED 185,220/yr12 months · AED 61 per sqft
13 Aug 2022RentedRenewal
AED 185,220/yr12 months · AED 61 per sqft
13 Aug 2021RentedRenewal
AED 168,000/yr12 months · AED 56 per sqft
4 Apr 2019RentedRenewal
AED 230,000/yr12 months · AED 76 per sqft
4 Apr 2017RentedRenewal
AED 230,000/yr12 months · AED 76 per sqft
4 Apr 2016RentedNew contract
AED 250,000/yr12 months · AED 83 per sqft
4 Apr 2014RentedNew contract
AED 248,619/yr12 months · AED 82 per sqft
31 Dec 2008Sold by developerReady
AED 875,000AED 289 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2023.

Key facts

Type
4-bed apartment
Size
3,022 sqft
Floor
35th of 37
Parking
G156-7
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,900 /yr
Last sold
AED 875K · December 2008
Building
Rimal 4

About 3502, Rimal 4

3502 is a four-bedroom apartment of 3,022 sqft on the 35th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 December 2008 for AED 875,000, or AED 289 per sqft, 35% below the AED 442 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 13 August 2023, is AED 185,220 a year: a gross yield of 21.2% on the 2008 price, before the service charge of about AED 51,900 a year.

Sales and rents for 3502 over time

Sales
Unit 3502, each saleTypical four-bed in Rimal 4
05M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 2,356,200; 2012 AED 3,200,000; 2024 AED 6,650,000Sold by developer, December 2008: AED 875,000 (AED 289 per sqft)

3502 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3502, each contractTypical four-bed in Rimal 4
200K250K20132016201920222025Typical rent by year: 2013 AED 225,000; 2014 AED 248,619; 2015 AED 265,000; 2016 AED 250,000; 2017 AED 247,000; 2018 AED 240,000; 2019 AED 220,000; 2020 AED 171,000; 2021 AED 176,500; 2022 AED 210,000; 2024 AED 260,000New contract, April 2014: AED 248,619 a yearNew contract, April 2016: AED 250,000 a yearRenewal, April 2017: AED 230,000 a yearRenewal, April 2019: AED 230,000 a yearRenewal, August 2021: AED 168,000 a yearRenewal, August 2022: AED 185,220 a yearRenewal, August 2023: AED 185,220 a year

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

4-beds in Rimal 4, and where 3502 sits

All 12 4-beds →

3502 last sold in December 2008 at AED 289 per sqft, 35% below what four-beds in Rimal 4 were fetching at the time (AED 442).

Recent 4-bed salesUnit no.Price (AED)Summary
9 Sep 20245,450,000
23 Apr 20246,650,000
19 Apr 20248,500,000
11 Apr 20235,950,000
0 4-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 35th floor

All 243 units in Rimal 4
Value
35013-bedAED 3.5M · Jul 2009

3502, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 31 December 2008 for AED 875,000, or AED 289 per sqft.
  • Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 248,619 to AED 168,000 in 2021 and recovered to AED 185,220 by August 2023.
  • At AED 185,220 a year the gross yield on the 2008 price is 21.2%, before a service charge of about AED 51,900 a year (AED 17.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2023.

Questions about 3502, Rimal 4

What did unit 3502 last sell for?

AED 875,000 on 31 December 2008, sold by the developer: AED 289 per sqft for 3,022 sqft. It is the only registered sale of the unit.

What is the rent for unit 3502?

AED 185,220 a year on the contract renewed on 13 August 2023. The previous contract, from August 2022, was AED 185,220; the unit has been rented since April 2014.

How big is unit 3502?

3,022 sqft (280.8 sqm): a four-bedroom apartment on the 35th floor of a 37-storey tower completed in 2007.

What is unit 3502 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 3502, Rimal 4

Starts from the last sale price (AED 875K, 31 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →