1408, Rimal 1
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Rimal 1
What is 1408 worth today?
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Source: Dubai Land Department. Updated 22 November 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 14th of 47
- Parking
- M530/ M531
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 699K · October 2017
- Building
- Rimal 1
About 1408, Rimal 1
1408 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. The developer sold it on 10 October 2017 for AED 699,000, or AED 364 per sqft, 70% below the AED 1,198 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 22 November 2020, is AED 102,500 a year: a gross yield of 14.7% on the 2017 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1408 over time
1408 has sold once; 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 1408 sits
All 60 3-beds →1408 last sold in October 2017 at AED 364 per sqft, 70% below what three-beds in Rimal 1 were fetching at the time (AED 1,198). 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. 1408's AED 102,500 is at the bottom 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. 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%
Other units on the 14th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Jan 2009January 2009 | 160,000 /yr | |
| 1402 | 3-bed | 1,919 sqft | AED 2.7MAED 2,700,000 · Feb 2023February 2023 | 50,000 /yr | |
| 1403 | 2-bed | 1,388 sqft | AED 2.33MAED 2,330,000 · Aug 2025August 2025 | 115,000 /yr | |
| 1404 | 2-bed | 1,388 sqft | AED 2.5MAED 2,500,000 · Jun 2008June 2008 | 130,000 /yr | |
| 1405 | 2-bed | 1,388 sqft | AED 2MAED 2,000,000 · Jun 2025June 2025 | 91,300 /yr | |
| 1406 | 2-bed | 1,355 sqft | AED 2MAED 2,000,000 · Apr 2015April 2015 | ||
| 1407 | 3-bed | 1,919 sqft | AED 2.73MAED 2,730,000 · Apr 2024April 2024 | 200,000 /yr |
1408, Rimal 1 in numbers
- Sold once: by Dubai Properties on 10 October 2017 for AED 699,000, or AED 364 per sqft.
- Rented since July 2013 on 6 Ejari contracts, from AED 131,250 to AED 102,500 a year.
- At AED 102,500 a year the gross yield on the 2017 price is 14.7%, 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 22 November 2020.
Questions about 1408, Rimal 1
What did unit 1408 last sell for?
AED 699,000 on 10 October 2017, sold by the developer: AED 364 per sqft for 1,919 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 102,500 a year on the contract renewed on 22 November 2020. The previous contract, from November 2019, was AED 127,500; the unit has been rented since July 2013.
How big is unit 1408?
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 1408 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 1408, Rimal 1
Starts from the last sale price (AED 699K, 10 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →