2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 28th floor · completed 2007

2806, Rimal 1

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 1.37M5 July 2021
Current rentAED 175K /yr26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Rimal 1

What is 2806 worth today?

Last sold for AED 1,370,000 in 2021

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26 Jun 2024RentedNew contract
AED 175,000/yr12 months · AED 124 per sqft
1 Sep 2023RentedNew contract
AED 190,000/yr12 months · AED 135 per sqft
5 Jul 2021SoldReady
AED 1,370,000AED 974 per sqft
18 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
18 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
19 Feb 2018RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
19 Feb 2017RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
19 Feb 2016RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
28th of 47
Parking
B682
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.37M · July 2021
Building
Rimal 1

About 2806, Rimal 1

2806 is a two-bedroom apartment of 1,405 sqft on the 28th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 July 2021 for AED 1,370,000, or AED 974 per sqft, 3% above the AED 942 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 26 June 2024, is AED 175,000 a year: a gross yield of 12.8% on the 2021 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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 1,975,000Sold by developer, August 2009: AED 2,576,000 (AED 1,832 per sqft)Sold, July 2021: AED 1,370,000 (AED 974 per sqft)

2806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2806, each contractTypical two-bed in Rimal 1
100K150K200K2012201620202024Typical 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, June 2012: AED 89,000 a yearRenewal, June 2013: AED 91,000 a yearNew contract, February 2014: AED 120,323 a yearNew contract, January 2015: AED 130,000 a yearNew contract, February 2016: AED 130,000 a yearRenewal, February 2017: AED 130,000 a yearRenewal, February 2018: AED 125,000 a yearRenewal, February 2019: AED 110,000 a yearRenewal, February 2020: AED 90,000 a yearNew contract, September 2023: AED 190,000 a yearNew contract, June 2024: AED 175,000 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 2806 sits

All 211 2-beds →

2806 last sold in July 2021 at AED 974 per sqft, 3% above what two-beds in Rimal 1 were fetching at the time (AED 942). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,449 per sqft, and rent for AED 70,296 to 280,000 a year. 2806's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20262,000,000
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
13 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. 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 130K /yr
Typical yield
6.4%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 28th floor

All 310 units in Rimal 1
Value
28012-bedAED 2.85M · Jun 2008
28022-bedAED 2.35M · Apr 2014
28032-bedAED 2.33M · May 2015
28042-bedAED 1.57M · Feb 2019
28052-bedAED 2.25M · Jan 2014
28072-bedAED 2M · Sep 2025
28082-bedAED 1.07M · Aug 2013

2806, Rimal 1 in numbers

  • Sold twice: first on 30 August 2009 for AED 2,576,000, last on 5 July 2021 for AED 1,370,000 (AED 974 per sqft).
  • Rented since June 2012 on 11 Ejari contracts, from AED 89,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2021 price is 12.8%, 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 1,449 per sqft.

Source: Dubai Land Department. Updated 26 June 2024.

Questions about 2806, Rimal 1

What did unit 2806 last sell for?

AED 1,370,000 on 5 July 2021: AED 974 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 2,576,000 in August 2009.

What is the rent for unit 2806?

AED 175,000 a year on the contract signed on 26 June 2024. The previous contract, from September 2023, was AED 190,000; the unit has been rented since June 2012.

How big is unit 2806?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 28th floor of a 47-storey tower completed in 2007.

What is unit 2806 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 1,449 per sqft.

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Mortgage on 2806, Rimal 1

Starts from the last sale price (AED 1.37M, 5 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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