2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 34th floor · completed 2007

3405, Rimal 1

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 2.2M19 December 2024
Current rentAED 120K /yr2 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, Rimal 1

What is 3405 worth today?

Last sold for AED 2,200,000 in 2024

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19 Dec 2024SoldReady
AED 2,200,000AED 1,565 per sqft
14 Jul 2023SoldReady
AED 2,100,000AED 1,494 per sqft
2 Mar 2021RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
22 Nov 2020SoldReady
AED 1,150,000AED 818 per sqft
23 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
23 Jul 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
12 Nov 2017RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
12 Nov 2016RentedRenewal
AED 145,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
34th of 47
Parking
M625
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.2M · December 2024
Building
Rimal 1

About 3405, Rimal 1

3405 is a two-bedroom apartment of 1,405 sqft on the 34th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 December 2024 for AED 2,200,000, or AED 1,565 per sqft, in line with the AED 1,565 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 2 March 2021, is AED 120,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, September 2007: AED 820,000 (AED 583 per sqft)Sold, November 2020: AED 1,150,000 (AED 818 per sqft)Sold, July 2023: AED 2,100,000 (AED 1,494 per sqft)Sold, December 2024: AED 2,200,000 (AED 1,565 per sqft)

3405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical 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 138,000 a yearRenewal, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 a yearRenewal, November 2016: AED 145,000 a yearRenewal, November 2017: AED 130,000 a yearNew contract, July 2018: AED 100,000 a yearRenewal, July 2019: AED 100,000 a yearNew contract, March 2021: AED 120,000 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 3405 sits

All 211 2-beds →

3405 last sold in December 2024 at AED 1,565 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 1,565). 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. 3405's AED 120,000 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 34th floor

All 310 units in Rimal 1
Value
34012-bedAED 410K · May 2008
34022-bedAED 2M · Dec 2015
34032-bedAED 1.17M · Nov 2020
34042-bedAED 1.75M · Dec 2007
34062-bedAED 1.76M · Aug 2018
34072-bedAED 2.55M · Jul 2008
34082-bedAED 1.07M · Apr 2008

3405, Rimal 1 in numbers

  • Sold 4 times: first on 2 September 2007 for AED 820,000, last on 19 December 2024 for AED 2,200,000 (AED 1,565 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 138,000 to AED 100,000 in 2019 and recovered to AED 120,000 by March 2021.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.5%, 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 19 December 2024.

Questions about 3405, Rimal 1

What did unit 3405 last sell for?

AED 2,200,000 on 19 December 2024: AED 1,565 per sqft for 1,405 sqft. The unit has 4 registered sales; the first was AED 820,000 in September 2007.

What is the rent for unit 3405?

AED 120,000 a year on the contract signed on 2 March 2021. The previous contract, from July 2019, was AED 100,000; the unit has been rented since November 2013.

How big is unit 3405?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3405 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 3405, Rimal 1

Starts from the last sale price (AED 2.2M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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