1608, Rimal 1
Sold prices and rental history: sold twice, last in April 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Rimal 1
What is 1608 worth today?
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Source: Dubai Land Department. Updated 15 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,898 sqft
- Floor
- 16th of 47
- Parking
- M532/ M533
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 29,900 /yr
- Last sold
- AED 1.44M · April 2009
- Building
- Rimal 1
About 1608, Rimal 1
1608 is a two-bedroom apartment of 1,898 sqft on the 16th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 April 2009 for AED 1,443,348, or AED 760 per sqft, in line with the AED 760 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 145,000 a year: a gross yield of 10.1% on the 2009 price, before the service charge of about AED 29,900 a year.
Sales and rents for 1608 over time
1608 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1608 sits
All 211 2-beds →1608 last sold in April 2009 at AED 760 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 760). 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. 1608's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,294 sqft | 1,682,377 | 1,300 | ||
| 9 Oct 20269 October 2026 | 1,294 sqft | 1,850,000 | 1,430 | ||
| 29 Sep 202629 September 2026 | 1,290 sqft | 2,250,000 | 1,743 | ||
| 23 Sep 202623 September 2026 | 1,405 sqft | 1,900,000 | 1,351 |
Rimal 1
Building310 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%
Other units on the 16th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,898 sqft | AED 2MAED 2,000,000 · Oct 2016October 2016 | 70,296 /yr | |
| 1602 | 2-bed | 1,898 sqft | AED 3.5MAED 3,500,000 · Jun 2008June 2008 | 230,000 /yr | |
| 1603 | 2-bed | 1,405 sqft | AED 1.17MAED 1,173,000 · Nov 2008November 2008 | 95,634 /yr | |
| 1604 | 2-bed | 1,405 sqft | AED 1.46MAED 1,460,000 · Mar 2023March 2023 | 121,000 /yr | |
| 1605 | 2-bed | 1,405 sqft | AED 1.33MAED 1,325,000 · Oct 2007October 2007 | 144,000 /yr | |
| 1606 | 2-bed | 1,405 sqft | AED 820KAED 820,000 · Sep 2013September 2013 | 110,000 /yr | |
| 1607 | 2-bed | 1,898 sqft | AED 3.2MAED 3,200,000 · May 2008May 2008 |
1608, Rimal 1 in numbers
- Sold twice: first on 14 April 2009 for AED 980,000, last on 21 April 2009 for AED 1,443,348 (AED 760 per sqft).
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 87,000 in 2020 and recovered to AED 145,000 by June 2025.
- At AED 145,000 a year the gross yield on the 2009 price is 10.1%, before a service charge of about AED 29,900 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 15 June 2025.
Questions about 1608, Rimal 1
What did unit 1608 last sell for?
AED 1,443,348 on 21 April 2009: AED 760 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 980,000 in April 2009.
What is the rent for unit 1608?
AED 145,000 a year on the contract renewed on 15 June 2025. The previous contract, from June 2024, was AED 132,000; the unit has been rented since October 2017.
How big is unit 1608?
1,898 sqft (176.3 sqm): a two-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1608 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 1608, Rimal 1
Starts from the last sale price (AED 1.44M, 21 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,443,348
- Deposit, UAE resident (20%)
- AED 288,670
- Deposit, non-resident (40%)
- AED 577,339
- Monthly over 25 years at 3.7%
- AED 5,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →