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3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 14th floor · completed 2007

1407, Rimal 1

Sold prices and rental history: sold 4 times, last in April 2024, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 2.73M22 April 2024
Current rentAED 200K /yr20 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1407, Rimal 1

What is 1407 worth today?

Last sold for AED 2,730,000 in 2024

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22 Apr 2024SoldReady
AED 2,730,000AED 1,422 per sqft
20 Jan 2014RentedNew contract
AED 200,000/yr12 months · AED 104 per sqft
4 Dec 2013SoldReady
AED 2,700,000AED 1,406 per sqft
7 May 2009SoldReady
AED 1,500,000AED 781 per sqft
30 Mar 2008Sold by developerReady
AED 349,500AED 182 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
14th of 47
Parking
M540/ M541
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.73M · April 2024
Building
Rimal 1

About 1407, Rimal 1

1407 is a three-bedroom apartment of 1,919 sqft on the 14th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 April 2024 for AED 2,730,000, or AED 1,422 per sqft, 8% above the AED 1,317 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2014. The current contract, signed on 20 January 2014, is AED 200,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical three-bed in Rimal 1
02M20072012201720222027Typical 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, March 2008: AED 349,500 (AED 182 per sqft)Sold, May 2009: AED 1,500,000 (AED 781 per sqft)Sold, December 2013: AED 2,700,000 (AED 1,406 per sqft)Sold, April 2024: AED 2,730,000 (AED 1,422 per sqft)

1407 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1407, each contractTypical three-bed in Rimal 1
100K150K200K2012201620202024Typical 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, January 2014: AED 200,000 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 1407 sits

All 60 3-beds →

1407 last sold in April 2024 at AED 1,422 per sqft, 8% above what three-beds in Rimal 1 were fetching at the time (AED 1,317). 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. 1407's AED 200,000 is in the upper 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 14th floor

All 310 units in Rimal 1
Value
14013-bedAED 699K · Jan 2009
14023-bedAED 2.7M · Feb 2023
14032-bedAED 2.33M · Aug 2025
14042-bedAED 2.5M · Jun 2008
14052-bedAED 2M · Jun 2025
14062-bedAED 2M · Apr 2015
14083-bedAED 699K · Oct 2017

1407, Rimal 1 in numbers

  • Sold 4 times: first on 30 March 2008 for AED 349,500, last on 22 April 2024 for AED 2,730,000 (AED 1,422 per sqft).
  • Rented since January 2014 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 7.3%, 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 22 April 2024.

Questions about 1407, Rimal 1

What did unit 1407 last sell for?

AED 2,730,000 on 22 April 2024: AED 1,422 per sqft for 1,919 sqft. The unit has 4 registered sales; the first was AED 349,500 in March 2008.

What is the rent for unit 1407?

AED 200,000 a year on the contract signed on 20 January 2014.

How big is unit 1407?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.

What is unit 1407 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 1407, Rimal 1

Starts from the last sale price (AED 2.73M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,730,000
Deposit, UAE resident (20%)
AED 546,000
Deposit, non-resident (40%)
AED 1,092,000
Monthly over 25 years at 3.7%
AED 11,169

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