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2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 12th floor · completed 2007

1204, Rimal 1

Sold prices and rental history: sold twice, last in May 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 May 2008
Last soldAED 2.05M1 May 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Rimal 1

What is 1204 worth today?

Last sold for AED 2,050,000 in 2008

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1 May 2008SoldReady
AED 2,050,000AED 1,476 per sqft
4 Dec 2007Sold by developerReady
AED 599,000AED 431 per sqft

Source: Dubai Land Department. Updated 1 May 2008.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
12th of 47
Parking
B725
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 2.05M · May 2008
Building
Rimal 1

About 1204, Rimal 1

1204 is a two-bedroom apartment of 1,388 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 1 May 2008 for AED 2,050,000, or AED 1,476 per sqft, 145% above the AED 602 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Rimal 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,250,000; 2010 AED 1,440,000; 2011 AED 1,240,000; 2012 AED 1,375,000; 2013 AED 1,550,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,075,000; 2026 AED 1,975,000Sold by developer, December 2007: AED 599,000 (AED 431 per sqft)Sold, May 2008: AED 2,050,000 (AED 1,476 per sqft)

1204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 109,844; 2013 AED 111,406; 2014 AED 126,500; 2015 AED 132,563; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 114,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 94,938; 2023 AED 120,500; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 126,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 1, and where 1204 sits

All 211 2-beds →

1204 last sold in May 2008 at AED 1,476 per sqft, 145% above what two-beds in Rimal 1 were fetching at the time (AED 602). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,449 per sqft, and rent for AED 70,296 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20262,000,000
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
13 2-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 12th floor

All 310 units in Rimal 1
Value
12013-bedAED 2.6M · Jan 2025
12023-bedAED 1.56M · Oct 2020
12032-bedAED 1.55M · Nov 2007
12052-bedAED 2.4M · Apr 2024
12062-bedAED 2.15M · Aug 2024
12073-bedAED 2.2M · Oct 2012

1204, Rimal 1 in numbers

  • Sold twice: first on 4 December 2007 for AED 599,000, last on 1 May 2008 for AED 2,050,000 (AED 1,476 per sqft).
  • Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 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 1 May 2008.

Questions about 1204, Rimal 1

What did unit 1204 last sell for?

AED 2,050,000 on 1 May 2008: AED 1,476 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2007.

How big is unit 1204?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 12th floor of a 47-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 1,682,377 to 3,150,000 in the last 12 months, around AED 1,449 per sqft.

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Mortgage on 1204, Rimal 1

Starts from the last sale price (AED 2.05M, 1 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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