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2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 15th floor · completed 2007

1503, Rimal 1

Sold prices and rental history: sold once, by the developer in November 2007, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 25 November 2007
Last soldAED 820K25 November 2007
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Rimal 1

What is 1503 worth today?

Last sold for AED 820,000 in 2007

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25 Nov 2007Sold by developerReady
AED 820,000AED 590 per sqft

Source: Dubai Land Department. Updated 25 November 2007.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
15th of 47
Parking
B587
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 820K · November 2007
Building
Rimal 1

About 1503, Rimal 1

1503 is a two-bedroom apartment of 1,388 sqft on the 15th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 November 2007 for AED 820,000, or AED 590 per sqft, in line with the AED 583 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 1,950,000Sold by developer, November 2007: AED 820,000 (AED 590 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, 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 1503 sits

All 211 2-beds →

1503 last sold in November 2007 at AED 590 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 583). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
23 Sep 20261,900,000
12 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. 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 15th floor

All 310 units in Rimal 1
Value
15013-bedAED 2.56M · Feb 2024
15023-bedAED 699K · Nov 2012
15042-bedAED 1.3M · Aug 2009
15052-bedAED 2M · Dec 2024
15062-bedAED 1.28M · Sep 2020
15073-bedAED 2.01M · Oct 2009
15083-bedAED 699K · Nov 2007

1503, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 25 November 2007 for AED 820,000, or AED 590 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 1,478 per sqft.

Source: Dubai Land Department. Updated 25 November 2007.

Questions about 1503, Rimal 1

What did unit 1503 last sell for?

AED 820,000 on 25 November 2007, sold by the developer: AED 590 per sqft for 1,388 sqft. It is the only registered sale of the unit.

How big is unit 1503?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.

What is unit 1503 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 1,478 per sqft.

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Mortgage on 1503, Rimal 1

Starts from the last sale price (AED 820K, 25 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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