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

1505, Rimal 1

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2M20 December 2024
Current rentAED 130K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Rimal 1

What is 1505 worth today?

Last sold for AED 2,000,000 in 2024

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1 Sep 2026RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
1 Sep 2026RentedRenewal
AED 115,000/yr12 months · AED 83 per sqft
1 Sep 2025RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
20 Dec 2024SoldReady
AED 2,000,000AED 1,440 per sqft
30 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Feb 2023RentedRenewal
AED 88,550/yr12 months · AED 64 per sqft
15 Feb 2022RentedRenewal
AED 80,500/yr12 months · AED 58 per sqft
15 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
15th of 47
Parking
B674
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 2M · December 2024
Building
Rimal 1

About 1505, Rimal 1

1505 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. It last sold on 20 December 2024 for AED 2,000,000, or AED 1,440 per sqft, 8% below the AED 1,557 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 130,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 2014: AED 1,660,000 (AED 1,195 per sqft)Sold, June 2018: AED 1,379,204 (AED 993 per sqft)Sold, December 2024: AED 2,000,000 (AED 1,440 per sqft)

1505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, each contractTypical two-bed in Rimal 1
100K2012201620202024Typical 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 126,000New contract, January 2018: AED 105,000 a yearNew contract, January 2019: AED 100,000 a yearRenewal, January 2020: AED 85,000 a yearNew contract, February 2021: AED 70,000 a yearRenewal, February 2022: AED 80,500 a yearRenewal, February 2023: AED 88,550 a yearNew contract, September 2024: AED 120,000 a yearNew contract, September 2025: AED 135,000 a yearRenewal, September 2026: AED 130,000 a yearRenewal, September 2026: AED 115,000 a year

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 1505 sits

All 211 2-beds →

1505 last sold in December 2024 at AED 1,440 per sqft, 8% below what two-beds in Rimal 1 were fetching at the time (AED 1,557). 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. 1505's AED 130,000 is in the lower half of that range.

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
15032-bedAED 820K · Nov 2007
15042-bedAED 1.3M · Aug 2009
15062-bedAED 1.28M · Sep 2020
15073-bedAED 2.01M · Oct 2009
15083-bedAED 699K · Nov 2007

1505, Rimal 1 in numbers

  • Sold 3 times: first on 17 November 2014 for AED 1,660,000, last on 20 December 2024 for AED 2,000,000 (AED 1,440 per sqft).
  • Rented since January 2018 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 130,000 by September 2026.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 21,800 a year (AED 15.73 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 1 September 2026.

Questions about 1505, Rimal 1

What did unit 1505 last sell for?

AED 2,000,000 on 20 December 2024: AED 1,440 per sqft for 1,388 sqft. The unit has 3 registered sales; the first was AED 1,660,000 in November 2014.

What is the rent for unit 1505?

AED 130,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2026, was AED 115,000; the unit has been rented since January 2018.

How big is unit 1505?

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 1505 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 1505, Rimal 1

Starts from the last sale price (AED 2M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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