2707, Rimal 1
Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2707, Rimal 1
What is 2707 worth today?
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Source: Dubai Land Department. Updated 14 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,290 sqft
- Floor
- 27th of 47
- Parking
- B796
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 2.13M · November 2022
- Building
- Rimal 1
About 2707, Rimal 1
2707 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. It last sold on 14 November 2022 for AED 2,125,000, or AED 1,646 per sqft, 22% above the AED 1,351 two-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 125,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2707 over time
2707 has sold 3 times; 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 2707 sits
All 211 2-beds →2707 last sold in November 2022 at AED 1,646 per sqft, 22% above what two-beds in Rimal 1 were fetching at the time (AED 1,351). 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. 2707'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. 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 128K /yr
- Typical yield
- 6.4%
Other units on the 27th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,290 sqft | AED 820KAED 820,000 · Dec 2008December 2008 | 123,000 /yr | |
| 2702 | 2-bed | 1,290 sqft | AED 1.11MAED 1,111,111 · Dec 2020December 2020 | 142,000 /yr | |
| 2703 | 2-bed | 1,405 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 175,000 /yr | |
| 2704 | 2-bed | 1,405 sqft | AED 2.43MAED 2,425,000 · Mar 2014March 2014 | 110,000 /yr | |
| 2705 | 2-bed | 1,405 sqft | AED 1.22MAED 1,220,000 · Mar 2011March 2011 | 102,850 /yr | |
| 2706 | 2-bed | 1,405 sqft | AED 2MAED 1,995,000 · Jun 2022June 2022 | 130,000 /yr | |
| 2708 | 2-bed | 1,290 sqft | AED 1.06MAED 1,055,000 · Dec 2019December 2019 | 95,000 /yr |
2707, Rimal 1 in numbers
- Sold 3 times: first on 4 October 2007 for AED 750,000, last on 14 November 2022 for AED 2,125,000 (AED 1,646 per sqft).
- Rented since February 2016 on 3 Ejari contracts, from AED 118,307 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 5.9%, 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 1,449 per sqft.
Source: Dubai Land Department. Updated 14 November 2022.
Questions about 2707, Rimal 1
What did unit 2707 last sell for?
AED 2,125,000 on 14 November 2022: AED 1,646 per sqft for 1,290 sqft. The unit has 3 registered sales; the first was AED 750,000 in October 2007.
What is the rent for unit 2707?
AED 125,000 a year on the contract renewed on 1 July 2017. The previous contract, from July 2016, was AED 125,000; the unit has been rented since February 2016.
How big is unit 2707?
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 2707 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 2707, Rimal 1
Starts from the last sale price (AED 2.13M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,125,000
- Deposit, UAE resident (20%)
- AED 425,000
- Deposit, non-resident (40%)
- AED 850,000
- Monthly over 25 years at 3.7%
- AED 8,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →