3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 5th floor · completed 2007

509, 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 509 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 699K27 September 2007
Current rentAED 179K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Rimal 4

What is 509 worth today?

Last sold for AED 699,000 in 2007

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15 Jun 2024RentedNew contract
AED 178,500/yr12 months · AED 93 per sqft
15 Jun 2019RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
15 Jun 2018RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
15 May 2017RentedRenewal
AED 188,000/yr12 months · AED 98 per sqft
15 May 2016RentedRenewal
AED 188,000/yr12 months · AED 98 per sqft
15 May 2013RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
27 Sep 2007Sold by developerReady
AED 699,000AED 362 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
5th of 37
Parking
B295--6
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 699K · September 2007
Building
Rimal 4

About 509, Rimal 4

509 is a three-bedroom apartment of 1,929 sqft on the 5th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 September 2007 for AED 699,000, or AED 362 per sqft, in line with the AED 362 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 June 2024, is AED 178,500 a year: a gross yield of 25.5% on the 2007 price, before the service charge of about AED 33,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical three-bed in Rimal 4
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 645,000; 2009 AED 699,000; 2010 AED 1,500,000; 2011 AED 2,400,000; 2012 AED 1,930,000; 2013 AED 2,462,500; 2014 AED 2,812,500; 2017 AED 2,600,000; 2021 AED 1,850,000; 2023 AED 2,450,000; 2024 AED 3,050,000; 2025 AED 3,150,000Sold by developer, September 2007: AED 699,000 (AED 362 per sqft)

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

Rents
Unit 509, each contractTypical three-bed in Rimal 4
150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 160,850; 2015 AED 168,000; 2016 AED 168,000; 2017 AED 165,500; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 115,000; 2022 AED 126,000; 2023 AED 137,500; 2024 AED 162,750; 2025 AED 180,000New contract, May 2013: AED 170,000 a yearRenewal, May 2016: AED 188,000 a yearRenewal, May 2017: AED 188,000 a yearNew contract, June 2018: AED 170,000 a yearNew contract, June 2019: AED 165,000 a yearNew contract, June 2024: AED 178,500 a year

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

3-beds in Rimal 4, and where 509 sits

All 72 3-beds →

509 last sold in September 2007 at AED 362 per sqft, in line with what three-beds in Rimal 4 were fetching at the time (AED 362). 509's AED 178,500 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jul 20253,150,000
9 May 20252,630,000
17 Mar 20253,725,000
4 Mar 20252,900,000
0 3-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 5th floor

All 243 units in Rimal 4
Value
5013-bedAED 2.88M · Mar 2014
5023-bedAED 1.45M · Mar 2021
5031-bedAED 1.53M · Nov 2017
504StudioAED 750K · Sep 2010
5051-bedAED 1.95M · Nov 2014
5061-bedAED 380K · Aug 2007
507StudioAED 250K · Jan 2016
1–7 of 9

509, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 27 September 2007 for AED 699,000, or AED 362 per sqft.
  • Rented since May 2013 on 6 Ejari contracts, from AED 170,000 to AED 178,500 a year.
  • At AED 178,500 a year the gross yield on the 2007 price is 25.5%, before a service charge of about AED 33,100 a year (AED 17.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Questions about 509, Rimal 4

What did unit 509 last sell for?

AED 699,000 on 27 September 2007, sold by the developer: AED 362 per sqft for 1,929 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 178,500 a year on the contract signed on 15 June 2024. The previous contract, from June 2019, was AED 165,000; the unit has been rented since May 2013.

How big is unit 509?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 5th floor of a 37-storey tower completed in 2007.

What is unit 509 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 509, Rimal 4

Starts from the last sale price (AED 699K, 27 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →