2-bed · 1,294 sqftRimal 1, Jumeirah Beach Residence · 19th floor · completed 2007

1902, Rimal 1

Sold prices and rental history: sold 4 times, last in July 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 1M8 July 2019
Current rentAED 160K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Rimal 1

What is 1902 worth today?

Last sold for AED 1,000,000 in 2019

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8 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
10 Oct 2021RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
8 Jul 2019SoldReady
AED 1,000,000AED 773 per sqft
30 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
3 Apr 2018SoldReady
AED 1,400,000AED 1,082 per sqft
27 Aug 2017RentedRenewal
AED 122,500/yr12 months · AED 95 per sqft
27 Aug 2016RentedRenewal
AED 122,500/yr12 months · AED 95 per sqft
27 Aug 2015RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
19th of 47
Parking
B712
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 1M · July 2019
Building
Rimal 1

About 1902, Rimal 1

1902 is a two-bedroom apartment of 1,294 sqft on the 19th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 July 2019 for AED 1,000,000, or AED 773 per sqft, 23% below the AED 1,007 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 8 December 2022, is AED 160,000 a year: a gross yield of 16.0% on the 2019 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, June 2008: AED 820,000 (AED 633 per sqft)Sold, March 2010: AED 1,430,000 (AED 1,105 per sqft)Sold, April 2018: AED 1,400,000 (AED 1,082 per sqft)Sold, July 2019: AED 1,000,000 (AED 773 per sqft)

1902 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical 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, August 2015: AED 125,000 a yearRenewal, August 2016: AED 122,500 a yearRenewal, August 2017: AED 122,500 a yearNew contract, August 2018: AED 150,000 a yearNew contract, October 2021: AED 150,000 a yearNew contract, December 2022: AED 160,000 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 1902 sits

All 211 2-beds →

1902 last sold in July 2019 at AED 773 per sqft, 23% below what two-beds in Rimal 1 were fetching at the time (AED 1,007). 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. 1902's AED 160,000 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 19th floor

All 310 units in Rimal 1
Value
19012-bedAED 1.6M · Nov 2012
19032-bedAED 1.85M · Feb 2023
19042-bedAED 599K · Nov 2010
19052-bedAED 2M · May 2026
19062-bedAED 2M · Nov 2013
19072-bedAED 1.68M · Oct 2026
19082-bedAED 1.3M · Feb 2019

1902, Rimal 1 in numbers

  • Sold 4 times: first on 15 June 2008 for AED 820,000, last on 8 July 2019 for AED 1,000,000 (AED 773 per sqft).
  • Rented since August 2015 on 6 Ejari contracts, from AED 125,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 16.0%, before a service charge of about AED 20,300 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 8 December 2022.

Questions about 1902, Rimal 1

What did unit 1902 last sell for?

AED 1,000,000 on 8 July 2019: AED 773 per sqft for 1,294 sqft. The unit has 4 registered sales; the first was AED 820,000 in June 2008.

What is the rent for unit 1902?

AED 160,000 a year on the contract signed on 8 December 2022. The previous contract, from October 2021, was AED 150,000; the unit has been rented since August 2015.

How big is unit 1902?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 19th floor of a 47-storey tower completed in 2007.

What is unit 1902 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 1902, Rimal 1

Starts from the last sale price (AED 1M, 8 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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