2-bed · 1,290 sqftRimal 1, Jumeirah Beach Residence · 27th floor · completed 2007

2701, Rimal 1

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 820K30 December 2008
Current rentAED 123K /yr19 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Rimal 1

What is 2701 worth today?

Last sold for AED 820,000 in 2008

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19 Dec 2024RentedNew contract
AED 123,000/yr12 months · AED 95 per sqft
20 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
15 Feb 2021RentedNew contract
AED 70,000/yr13 months · AED 54 per sqft
15 Jan 2019RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
10 Nov 2017RentedRenewal
AED 129,360/yr12 months · AED 100 per sqft
10 Nov 2016RentedRenewal
AED 129,360/yr12 months · AED 100 per sqft
10 Nov 2015RentedRenewal
AED 129,360/yr12 months · AED 100 per sqft
10 Nov 2014RentedNew contract
AED 123,200/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
27th of 47
Parking
G405
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 820K · December 2008
Building
Rimal 1

About 2701, Rimal 1

2701 is a two-bedroom apartment of 1,290 sqft on the 27th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 December 2008 for AED 820,000, or AED 635 per sqft, in line with the AED 635 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 19 December 2024, is AED 123,000 a year: a gross yield of 15.0% on the 2008 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, December 2008: AED 820,000 (AED 635 per sqft)

2701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, each contractTypical two-bed in Rimal 1
100K2012201620202024Typical 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, November 2013: AED 112,000 a yearNew contract, November 2014: AED 123,200 a yearRenewal, November 2015: AED 129,360 a yearRenewal, November 2016: AED 129,360 a yearRenewal, November 2017: AED 129,360 a yearNew contract, January 2019: AED 90,000 a yearNew contract, February 2021: AED 70,000 a yearNew contract, September 2023: AED 125,000 a yearNew contract, December 2024: AED 123,000 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 2701 sits

All 211 2-beds →

2701 last sold in December 2008 at AED 635 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 635). 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. 2701's AED 123,000 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 27th floor

All 310 units in Rimal 1
Value
27022-bedAED 1.11M · Dec 2020
27032-bedAED 1.4M · Nov 2018
27042-bedAED 2.43M · Mar 2014
27052-bedAED 1.22M · Mar 2011
27062-bedAED 2M · Jun 2022
27072-bedAED 2.13M · Nov 2022
27082-bedAED 1.06M · Dec 2019

2701, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 30 December 2008 for AED 820,000, or AED 635 per sqft.
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 112,000 to AED 70,000 in 2021 and recovered to AED 123,000 by December 2024.
  • At AED 123,000 a year the gross yield on the 2008 price is 15.0%, 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 19 December 2024.

Questions about 2701, Rimal 1

What did unit 2701 last sell for?

AED 820,000 on 30 December 2008, sold by the developer: AED 635 per sqft for 1,290 sqft. It is the only registered sale of the unit.

What is the rent for unit 2701?

AED 123,000 a year on the contract signed on 19 December 2024. The previous contract, from September 2023, was AED 125,000; the unit has been rented since November 2013.

How big is unit 2701?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2701 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 2701, Rimal 1

Starts from the last sale price (AED 820K, 30 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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