Penthouse · 2,162 sqftRimal 4, Jumeirah Beach Residence · Ground floor · completed 2007

L01, Rimal 4

Sold prices and rental history: sold once, by the developer in February 2010, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L01 · DLD and Ejari recordsUpdated 1 December 2016
Last soldAED 1.49M17 February 2010
Current rentAED 206K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L01, Rimal 4

What is L01 worth today?

Last sold for AED 1,490,000 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2016RentedNew contract
AED 205,700/yr12 months · AED 95 per sqft
1 Dec 2015RentedNew contract
AED 205,700/yr12 months · AED 95 per sqft
17 Feb 2010Sold by developerReady
AED 1,490,000AED 689 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2016.

Key facts

Type
Penthouse apartment
Size
2,162 sqft
Floor
Ground of 37
Parking
G150-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,100 /yr
Last sold
AED 1.49M · February 2010
Building
Rimal 4

About L01, Rimal 4

L01 is a penthouse of 2,162 sqft on the ground floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 February 2010 for AED 1,490,000, or AED 689 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 December 2016, is AED 205,700 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 37,100 a year.

Penthouses in Rimal 4, and where L01 sits

All 6 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
22 Oct 20244,400,000
25 Oct 202112,000,000
11 Jan 20183,000,000
1 May 20178,600,000
0 penthouse 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 ground floor

All 243 units in Rimal 4
Value
L02PenthouseAED 4.4M · Oct 2024
L03PenthouseAED 3.93M · Apr 2015
L04PenthouseAED 2.7M · Feb 2013

L01, Rimal 4 in numbers

  • Sold once: by Dubai Properties on 17 February 2010 for AED 1,490,000, or AED 689 per sqft.
  • Rented since December 2015 on 2 Ejari contracts, at AED 205,700 a year.
  • At AED 205,700 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 37,100 a year (AED 17.18 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2016.

Questions about L01, Rimal 4

What did unit L01 last sell for?

AED 1,490,000 on 17 February 2010, sold by the developer: AED 689 per sqft for 2,162 sqft. It is the only registered sale of the unit.

What is the rent for unit L01?

AED 205,700 a year on the contract signed on 1 December 2016. The previous contract, from December 2015, was AED 205,700.

How big is unit L01?

2,162 sqft (200.9 sqm): a penthouse on the ground floor of a 37-storey tower completed in 2007.

What is unit L01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling L01? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on L01, Rimal 4

Starts from the last sale price (AED 1.49M, 17 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

Plus AED 67,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →