2406, Rimal 1
Sold prices and rental history: sold twice, last in August 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Rimal 1
What is 2406 worth today?
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Source: Dubai Land Department. Updated 10 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 24th of 47
- Parking
- B687
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 1.25M · August 2011
- Building
- Rimal 1
About 2406, Rimal 1
2406 is a two-bedroom apartment of 1,405 sqft on the 24th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 August 2011 for AED 1,250,000, or AED 889 per sqft, in line with the AED 901 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 10 August 2023, is AED 125,000 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 22,100 a year.
Sales and rents for 2406 over time
2406 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 2406 sits
All 211 2-beds →2406 last sold in August 2011 at AED 889 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 901). 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. 2406's AED 125,000 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 24th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,294 sqft | AED 1.8MAED 1,800,000 · Dec 2021December 2021 | 135,000 /yr | |
| 2402 | 2-bed | 1,294 sqft | AED 820KAED 820,000 · Mar 2009March 2009 | 75,000 /yr | |
| 2403 | 2-bed | 1,405 sqft | AED 2.4MAED 2,400,000 · Jul 2008July 2008 | ||
| 2404 | 2-bed | 1,405 sqft | AED 1.95MAED 1,950,000 · Jun 2026June 2026 | 93,840 /yr | |
| 2405 | 2-bed | 1,405 sqft | AED 2MAED 2,000,000 · Sep 2016September 2016 | 150,000 /yr | |
| 2407 | 2-bed | 1,294 sqft | AED 2.18MAED 2,175,000 · Mar 2024March 2024 | 157,000 /yr | |
| 2408 | 2-bed | 1,294 sqft | AED 1.07MAED 1,071,850 · Feb 2008February 2008 | 80,000 /yr |
2406, Rimal 1 in numbers
- Sold twice: first on 31 July 2011 for AED 1,687,000, last on 1 August 2011 for AED 1,250,000 (AED 889 per sqft).
- Rented since August 2012 on 13 Ejari contracts, from AED 85,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2011 price is 10.0%, 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 10 August 2023.
Questions about 2406, Rimal 1
What did unit 2406 last sell for?
AED 1,250,000 on 1 August 2011: AED 889 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,687,000 in July 2011.
What is the rent for unit 2406?
AED 125,000 a year on the contract signed on 10 August 2023. The previous contract, from August 2022, was AED 89,700; the unit has been rented since August 2012.
How big is unit 2406?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 24th floor of a 47-storey tower completed in 2007.
What is unit 2406 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 2406, Rimal 1
Starts from the last sale price (AED 1.25M, 1 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →