3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 10th floor · completed 2007

1001, Rimal 1

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 2.6M17 October 2024
Current rentAED 149K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Rimal 1

What is 1001 worth today?

Last sold for AED 2,600,000 in 2024

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17 Oct 2024SoldReady
AED 2,600,000AED 1,354 per sqft
10 Oct 2023RentedRenewal
AED 149,000/yr12 months · AED 78 per sqft
10 Oct 2022RentedNew contract
AED 149,000/yr12 months · AED 78 per sqft
5 Sep 2021RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
5 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
5 Sep 2019RentedNew contract
AED 118,000/yr12 months · AED 62 per sqft
10 Sep 2017RentedRenewal
AED 158,000/yr12 months · AED 82 per sqft
10 Sep 2016RentedNew contract
AED 158,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
10th of 47
Parking
B518/ M519
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.6M · October 2024
Building
Rimal 1

About 1001, Rimal 1

1001 is a three-bedroom apartment of 1,919 sqft on the 10th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 October 2024 for AED 2,600,000, or AED 1,354 per sqft, in line with the AED 1,343 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 149,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical three-bed in Rimal 1
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, May 2008: AED 699,000 (AED 364 per sqft)Sold, October 2024: AED 2,600,000 (AED 1,354 per sqft)

1001 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1001, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 137,750; 2024 AED 168,750; 2025 AED 165,000; 2026 AED 160,000New contract, May 2013: AED 120,750 a yearNew contract, August 2014: AED 170,000 a yearNew contract, August 2015: AED 170,000 a yearNew contract, September 2016: AED 158,000 a yearRenewal, September 2017: AED 158,000 a yearNew contract, September 2019: AED 118,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 100,000 a yearNew contract, October 2022: AED 149,000 a yearRenewal, October 2023: AED 149,000 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 1, and where 1001 sits

All 60 3-beds →

1001 last sold in October 2024 at AED 1,354 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 1,343). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 123,347 to 280,000 a year. 1001's AED 149,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,449 Down 0.6%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.4%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 310 units in Rimal 1
Value
10023-bedAED 1.64M · Nov 2009
10032-bedAED 820K · Jul 2013
10042-bedAED 1.8M · Jan 2017
10052-bedAED 1M · Aug 2013
10062-bedAED 2.45M · Jun 2026
10073-bedAED 699K · Aug 2012
10083-bedAED 875K · May 2008

1001, Rimal 1 in numbers

  • Sold twice: first on 20 May 2008 for AED 699,000, last on 17 October 2024 for AED 2,600,000 (AED 1,354 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 120,750 to AED 100,000 in 2021 and recovered to AED 149,000 by October 2023.
  • At AED 149,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.

Source: Dubai Land Department. Updated 17 October 2024.

Questions about 1001, Rimal 1

What did unit 1001 last sell for?

AED 2,600,000 on 17 October 2024: AED 1,354 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 699,000 in May 2008.

What is the rent for unit 1001?

AED 149,000 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 149,000; the unit has been rented since May 2013.

How big is unit 1001?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 10th floor of a 47-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 3,100,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 1001, Rimal 1

Starts from the last sale price (AED 2.6M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →