2005, Rimal 1
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, Rimal 1
What is 2005 worth today?
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Source: Dubai Land Department. Updated 26 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 20th of 47
- Parking
- G268
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 1.9M · December 2023
- Building
- Rimal 1
About 2005, Rimal 1
2005 is a two-bedroom apartment of 1,405 sqft on the 20th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 December 2023 for AED 1,900,000, or AED 1,351 per sqft, in line with the AED 1,334 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 26 April 2024, is AED 102,414 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 22,100 a year.
Sales and rents for 2005 over time
2005 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 2005 sits
All 211 2-beds →2005 last sold in December 2023 at AED 1,351 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 1,334). 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. 2005's AED 102,414 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 20th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,294 sqft | AED 2.63MAED 2,625,000 · May 2008May 2008 | 110,250 /yr | |
| 2002 | 2-bed | 1,294 sqft | AED 820KAED 820,000 · Mar 2009March 2009 | 120,063 /yr | |
| 2003 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Mar 2009March 2009 | 125,000 /yr | |
| 2004 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Nov 2012November 2012 | 115,000 /yr | |
| 2006 | 2-bed | 1,405 sqft | AED 1.2MAED 1,200,000 · Aug 2020August 2020 | 125,000 /yr | |
| 2007 | 2-bed | 1,294 sqft | AED 599KAED 599,000 · Feb 2008February 2008 | 109,000 /yr | |
| 2008 | 2-bed | 1,294 sqft | AED 1.85MAED 1,850,000 · Oct 2026October 2026 | 130,000 /yr |
2005, Rimal 1 in numbers
- Sold twice: first on 25 July 2011 for AED 1,537,290, last on 1 December 2023 for AED 1,900,000 (AED 1,351 per sqft).
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 102,414 by April 2024.
- At AED 102,414 a year the gross yield on the 2023 price is 5.4%, 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 1,478 per sqft.
Source: Dubai Land Department. Updated 26 April 2024.
Questions about 2005, Rimal 1
What did unit 2005 last sell for?
AED 1,900,000 on 1 December 2023: AED 1,351 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,537,290 in July 2011.
What is the rent for unit 2005?
AED 102,414 a year on the contract signed on 26 April 2024. The previous contract, from August 2023, was AED 93,142; the unit has been rented since August 2018.
How big is unit 2005?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 20th floor of a 47-storey tower completed in 2007.
What is unit 2005 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 2005, Rimal 1
Starts from the last sale price (AED 1.9M, 1 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →