1202, Rimal 1
Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Rimal 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 25 October 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 12th of 47
- Parking
- B496/497
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 1.56M · October 2020
- Building
- Rimal 1
About 1202, Rimal 1
1202 is a three-bedroom apartment of 1,919 sqft on the 12th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 October 2020 for AED 1,560,000, or AED 812 per sqft, in line with the AED 812 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 25 September 2019, is AED 165,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1202 over time
1202 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1202 sits
All 60 3-beds →1202 last sold in October 2020 at AED 812 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 812). 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. 1202's AED 165,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,919 sqft | 2,650,000 | 1,380 | ||
| 18 Aug 202618 August 2026 | 1,919 sqft | 2,700,000 | 1,406 | ||
| 9 Mar 20269 March 2026 | 1,919 sqft | 3,100,000 | 1,615 | ||
| 22 Dec 202522 December 2025 | 1,919 sqft | 2,619,378 | 1,364 |
Rimal 1
Building310 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%
Other units on the 12th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,919 sqft | AED 2.6MAED 2,600,000 · Jan 2025January 2025 | 150,000 /yr | |
| 1203 | 2-bed | 1,388 sqft | AED 1.55MAED 1,550,000 · Nov 2007November 2007 | 150,000 /yr | |
| 1204 | 2-bed | 1,388 sqft | AED 2.05MAED 2,050,000 · May 2008May 2008 | ||
| 1205 | 2-bed | 1,388 sqft | AED 2.4MAED 2,400,000 · Apr 2024April 2024 | 129,651 /yr | |
| 1206 | 2-bed | 1,388 sqft | AED 2.15MAED 2,150,000 · Aug 2024August 2024 | 115,000 /yr | |
| 1207 | 3-bed | 1,919 sqft | AED 2.2MAED 2,200,000 · Oct 2012October 2012 |
1202, Rimal 1 in numbers
- Sold twice: first on 11 September 2007 for AED 699,000, last on 25 October 2020 for AED 1,560,000 (AED 812 per sqft).
- Rented since June 2015 on 6 Ejari contracts, from AED 180,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2020 price is 10.6%, 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 25 October 2020.
Questions about 1202, Rimal 1
What did unit 1202 last sell for?
AED 1,560,000 on 25 October 2020: AED 812 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 699,000 in September 2007.
What is the rent for unit 1202?
AED 165,000 a year on the contract signed on 25 September 2019. The previous contract, from June 2019, was AED 165,000; the unit has been rented since June 2015.
How big is unit 1202?
1,919 sqft (178.3 sqm): a three-bedroom apartment on the 12th floor of a 47-storey tower completed in 2007.
What is unit 1202 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 1202, Rimal 1
Starts from the last sale price (AED 1.56M, 25 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,560,000
- Deposit, UAE resident (20%)
- AED 312,000
- Deposit, non-resident (40%)
- AED 624,000
- Monthly over 25 years at 3.7%
- AED 6,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →