1704, Rimal 1
Sold prices and rental history: sold twice, last in June 2008, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Rimal 1
What is 1704 worth today?
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Source: Dubai Land Department. Updated 11 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 17th of 47
- Parking
- B722
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2.4M · June 2008
- Building
- Rimal 1
About 1704, Rimal 1
1704 is a two-bedroom apartment of 1,405 sqft on the 17th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 June 2008 for AED 2,400,000, or AED 1,707 per sqft, 170% above the AED 633 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 11 October 2024, is AED 165,000 a year: a gross yield of 6.9% on the 2008 price, before the service charge of about AED 22,100 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 211 2-beds →1704 last sold in June 2008 at AED 1,707 per sqft, 170% above what two-beds in Rimal 1 were fetching at the time (AED 633). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,449 per sqft, and rent for AED 70,296 to 280,000 a year. 1704's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 1,405 sqft | 2,000,000 | 1,423 | ||
| 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 |
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 17th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,294 sqft | AED 2.1MAED 2,100,000 · Aug 2009August 2009 | 115,000 /yr | |
| 1702 | 2-bed | 1,294 sqft | AED 1.65MAED 1,650,000 · Oct 2007October 2007 | 70,000 /yr | |
| 1703 | 2-bed | 1,405 sqft | AED 1.9MAED 1,900,000 · Dec 2015December 2015 | 107,500 /yr | |
| 1705 | 2-bed | 1,405 sqft | AED 1.5MAED 1,500,000 · Jun 2021June 2021 | 85,000 /yr | |
| 1706 | 2-bed | 1,405 sqft | AED 830KAED 830,000 · Dec 2008December 2008 | 155,000 /yr | |
| 1707 | 2-bed | 1,294 sqft | AED 1.95MAED 1,950,000 · Apr 2024April 2024 | 135,000 /yr | |
| 1708 | 2-bed | 1,294 sqft | AED 1.56MAED 1,560,000 · Oct 2008October 2008 | 130,000 /yr |
1704, Rimal 1 in numbers
- Sold twice: first on 30 December 2007 for AED 599,000, last on 1 June 2008 for AED 2,400,000 (AED 1,707 per sqft).
- Rented since November 2020 on 2 Ejari contracts, from AED 75,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2008 price is 6.9%, before a service charge of about AED 22,100 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 1,449 per sqft.
Source: Dubai Land Department. Updated 11 October 2024.
Questions about 1704, Rimal 1
What did unit 1704 last sell for?
AED 2,400,000 on 1 June 2008: AED 1,707 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2007.
What is the rent for unit 1704?
AED 165,000 a year on the contract signed on 11 October 2024. The previous contract, from November 2020, was AED 75,000.
How big is unit 1704?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 17th floor of a 47-storey tower completed in 2007.
What is unit 1704 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 1,449 per sqft.
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Mortgage on 1704, Rimal 1
Starts from the last sale price (AED 2.4M, 1 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →