1-bed · 1,058 sqftRimal 4, Jumeirah Beach Residence · 4th floor · completed 2007

406, Rimal 4

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 26 October 2024
Last soldAED 380K11 September 2007
Current rentAED 86K /yr26 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Rimal 4

What is 406 worth today?

Last sold for AED 380,000 in 2007

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26 Oct 2024RentedRenewal
AED 85,995/yr12 months · AED 82 per sqft
26 Oct 2023RentedRenewal
AED 81,900/yr12 months · AED 78 per sqft
26 Oct 2022RentedNew contract
AED 78,000/yr12 months · AED 74 per sqft
18 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
19 Nov 2019RentedRenewal
AED 89,250/yr12 months · AED 85 per sqft
19 Nov 2018RentedRenewal
AED 85,000/yr12 months · AED 81 per sqft
19 Nov 2017RentedRenewal
AED 97,000/yr12 months · AED 92 per sqft
19 Nov 2016RentedNew contract
AED 97,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 October 2024.

Key facts

Type
1-bed apartment
Size
1,058 sqft
Floor
4th of 37
Parking
B059
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,200 /yr
Last sold
AED 380K · September 2007
Building
Rimal 4

About 406, Rimal 4

406 is a one-bedroom apartment of 1,058 sqft on the 4th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 September 2007 for AED 380,000, or AED 359 per sqft, 15% below the AED 424 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 26 October 2024, is AED 85,995 a year: a gross yield of 22.6% on the 2007 price, before the service charge of about AED 18,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Rimal 4
1M2007201220172022Typical sale price by year: 2007 AED 449,000; 2008 AED 449,000; 2009 AED 449,000; 2010 AED 449,000; 2012 AED 380,000; 2013 AED 1,175,000; 2016 AED 1,365,000; 2017 AED 811,250; 2018 AED 1,300,000; 2020 AED 787,500; 2022 AED 1,310,000; 2023 AED 1,675,000; 2024 AED 1,550,000Sold by developer, September 2007: AED 380,000 (AED 359 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Rimal 4
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 98,000; 2015 AED 101,000; 2016 AED 104,688; 2017 AED 100,000; 2018 AED 94,000; 2019 AED 78,000; 2020 AED 68,750; 2021 AED 65,000; 2022 AED 77,385; 2023 AED 90,000; 2024 AED 98,000; 2025 AED 95,000New contract, October 2013: AED 90,000 a yearNew contract, October 2014: AED 94,500 a yearRenewal, October 2015: AED 99,225 a yearNew contract, November 2016: AED 97,000 a yearRenewal, November 2017: AED 97,000 a yearRenewal, November 2018: AED 85,000 a yearRenewal, November 2019: AED 89,250 a yearNew contract, September 2021: AED 60,000 a yearNew contract, October 2022: AED 78,000 a yearRenewal, October 2023: AED 81,900 a yearRenewal, October 2024: AED 85,995 a year

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

1-beds in Rimal 4, and where 406 sits

All 48 1-beds →

406 last sold in September 2007 at AED 359 per sqft, 15% below what one-beds in Rimal 4 were fetching at the time (AED 424). Over the last 12 months one-beds sold for AED 1,740,000, around AED 1,635 per sqft, and rent for AED 90,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,740,000
10 Jul 20251,600,000
7 Aug 20241,470,000
5 Aug 20241,550,000
1 1-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 4th floor

All 243 units in Rimal 4
Value
4013-bedAED 295K · May 2008
402AED 775K · May 2019
4031-bedAED 449K · Sep 2017
404StudioAED 900K · Apr 2010
4051-bedAED 1.31M · May 2018
407StudioAED 250K · Mar 2008
4081-bedAED 1.43M · Nov 2022
1–7 of 9

406, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 11 September 2007 for AED 380,000, or AED 359 per sqft.
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 85,995 by October 2024.
  • At AED 85,995 a year the gross yield on the 2007 price is 22.6%, before a service charge of about AED 18,200 a year (AED 17.18 per sqft).
  • One-beds in Rimal 4 sold for AED 1,740,000–1,740,000 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 26 October 2024.

Questions about 406, Rimal 4

What did unit 406 last sell for?

AED 380,000 on 11 September 2007, sold by the developer: AED 359 per sqft for 1,058 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 85,995 a year on the contract renewed on 26 October 2024. The previous contract, from October 2023, was AED 81,900; the unit has been rented since October 2013.

How big is unit 406?

1,058 sqft (98.3 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2007.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 4 sold for AED 1,740,000 to 1,740,000 in the last 12 months, around AED 1,635 per sqft.

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Mortgage on 406, Rimal 4

Starts from the last sale price (AED 380K, 11 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →