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3-bed · 1,929 sqftRimal 4, Jumeirah Beach Residence · 7th floor · completed 2007

702, 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 702 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 590K2 September 2007
Current rentAED 139K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Rimal 4

What is 702 worth today?

Last sold for AED 590,000 in 2007

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10 Oct 2024RentedRenewal
AED 139,150/yr12 months · AED 72 per sqft
10 Oct 2023RentedRenewal
AED 126,500/yr12 months · AED 66 per sqft
10 Oct 2022RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
10 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft
16 Apr 2019RentedRenewal
AED 145,000/yr12 months · AED 75 per sqft
16 Apr 2018RentedNew contract
AED 145,000/yr12 months · AED 75 per sqft
20 Feb 2017RentedRenewal
AED 163,000/yr12 months · AED 84 per sqft
20 Feb 2016RentedNew contract
AED 158,812/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
1,929 sqft
Floor
7th of 37
Parking
B329-30
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,100 /yr
Last sold
AED 590K · September 2007
Building
Rimal 4

About 702, Rimal 4

702 is a three-bedroom apartment of 1,929 sqft on the 7th floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 September 2007 for AED 590,000, or AED 305 per sqft, 5% below the AED 320 three-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 10 October 2024, is AED 139,150 a year: a gross yield of 23.6% on the 2007 price, before the service charge of about AED 33,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 590,000 (AED 305 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Rimal 4
100K150K2012201620202024Typical 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, February 2013: AED 125,000 a yearNew contract, February 2014: AED 137,000 a yearNew contract, February 2015: AED 151,250 a yearNew contract, February 2016: AED 158,812 a yearRenewal, February 2017: AED 163,000 a yearNew contract, April 2018: AED 145,000 a yearRenewal, April 2019: AED 145,000 a yearNew contract, October 2020: AED 90,000 a yearRenewal, October 2022: AED 115,000 a yearRenewal, October 2023: AED 126,500 a yearRenewal, October 2024: AED 139,150 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 702 sits

All 72 3-beds →

702 last sold in September 2007 at AED 305 per sqft, 5% below what three-beds in Rimal 4 were fetching at the time (AED 320). 702's AED 139,150 is at the bottom 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 7th floor

All 243 units in Rimal 4
Value
7013-bedAED 1.95M · Apr 2012
7031-bedAED 1.58M · Jun 2013
704StudioAED 299K · Aug 2007
7051-bedAED 449K · Apr 2009
7061-bedAED 1.87M · Apr 2008
707StudioAED 850K · Nov 2012
7081-bedAED 1.55M · Aug 2024
1–7 of 9

702, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 2 September 2007 for AED 590,000, or AED 305 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 139,150 by October 2024.
  • At AED 139,150 a year the gross yield on the 2007 price is 23.6%, 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 10 October 2024.

Questions about 702, Rimal 4

What did unit 702 last sell for?

AED 590,000 on 2 September 2007, sold by the developer: AED 305 per sqft for 1,929 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 139,150 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 126,500; the unit has been rented since February 2013.

How big is unit 702?

1,929 sqft (179.2 sqm): a three-bedroom apartment on the 7th floor of a 37-storey tower completed in 2007.

What is unit 702 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 702, Rimal 4

Starts from the last sale price (AED 590K, 2 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →