3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 11th floor · completed 2007

1102, Rimal 1

Sold prices and rental history: sold 3 times, last in August 2016, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 14 August 2016
Last soldAED 2.65M14 August 2016
Current rentAED 145K /yr20 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Rimal 1

What is 1102 worth today?

Last sold for AED 2,650,000 in 2016

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14 Aug 2016SoldReady
AED 2,650,000AED 1,380 per sqft
24 Jul 2013SoldReady
AED 1,200,000AED 625 per sqft
24 Feb 2013Sold by developerReady
AED 699,000AED 364 per sqft
20 Aug 2012RentedNew contract
AED 145,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 14 August 2016.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
11th of 47
Parking
M562/ M563
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.65M · August 2016
Building
Rimal 1

About 1102, Rimal 1

1102 is a three-bedroom apartment of 1,919 sqft on the 11th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 August 2016 for AED 2,650,000, or AED 1,380 per sqft, 9% above the AED 1,263 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2012. The current contract, signed on 20 August 2012, is AED 145,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, February 2013: AED 699,000 (AED 364 per sqft)Sold, July 2013: AED 1,200,000 (AED 625 per sqft)Sold, August 2016: AED 2,650,000 (AED 1,380 per sqft)

1102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, 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 136,500; 2024 AED 167,500; 2025 AED 165,000; 2026 AED 160,000New contract, August 2012: AED 145,000 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 1102 sits

All 60 3-beds →

1102 last sold in August 2016 at AED 1,380 per sqft, 9% above what three-beds in Rimal 1 were fetching at the time (AED 1,263). 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 50,000 to 280,000 a year. 1102's AED 145,000 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. 18 sold in the last 12 months.

Typical price per sqft
AED 1,478 Up 1.4%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.2%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 11th floor

All 310 units in Rimal 1
Value
11013-bedAED 2.7M · Jun 2024
11032-bedAED 1.85M · Aug 2013
11042-bedAED 1.73M · Apr 2018
11052-bedAED 2.22M · Oct 2025
11062-bedAED 2.25M · Sep 2024
11073-bedAED 2.54M · Nov 2024
11083-bedAED 2.65M · Aug 2026

1102, Rimal 1 in numbers

  • Sold 3 times: first on 24 February 2013 for AED 699,000, last on 14 August 2016 for AED 2,650,000 (AED 1,380 per sqft).
  • Rented since August 2012 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 5.5%, 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 1,478 per sqft.

Source: Dubai Land Department. Updated 14 August 2016.

Questions about 1102, Rimal 1

What did unit 1102 last sell for?

AED 2,650,000 on 14 August 2016: AED 1,380 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 699,000 in February 2013.

What is the rent for unit 1102?

AED 145,000 a year on the contract signed on 20 August 2012.

How big is unit 1102?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 11th floor of a 47-storey tower completed in 2007.

What is unit 1102 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 1102, Rimal 1

Starts from the last sale price (AED 2.65M, 14 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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