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2-bed · 1,290 sqftRimal 1, Jumeirah Beach Residence · 34th floor · completed 2007

3407, Rimal 1

Sold prices and rental history: sold 3 times, last in July 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 24 July 2008
Last soldAED 2.55M24 July 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3407, Rimal 1

What is 3407 worth today?

Last sold for AED 2,550,000 in 2008

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24 Jul 2008SoldReady
AED 2,550,000AED 1,976 per sqft
27 Nov 2007SoldReady
AED 925,000AED 716 per sqft
26 Sep 2007Sold by developerReady
AED 599,000AED 464 per sqft

Source: Dubai Land Department. Updated 24 July 2008.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
34th of 47
Parking
B803
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 2.55M · July 2008
Building
Rimal 1

About 3407, Rimal 1

3407 is a two-bedroom apartment of 1,290 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 24 July 2008 for AED 2,550,000, or AED 1,976 per sqft, 212% above the AED 633 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3407 over time

Sales
Unit 3407, 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, September 2007: AED 599,000 (AED 464 per sqft)Sold, November 2007: AED 925,000 (AED 716 per sqft)Sold, July 2008: AED 2,550,000 (AED 1,976 per sqft)

3407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical 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 126,000

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 3407 sits

All 211 2-beds →

3407 last sold in July 2008 at AED 1,976 per sqft, 212% above what two-beds in Rimal 1 were fetching at the time (AED 633). 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.

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 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
34052-bedAED 2.2M · Dec 2024
34062-bedAED 1.76M · Aug 2018
34082-bedAED 1.07M · Apr 2008

3407, Rimal 1 in numbers

  • Sold 3 times: first on 26 September 2007 for AED 599,000, last on 24 July 2008 for AED 2,550,000 (AED 1,976 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 24 July 2008.

Questions about 3407, Rimal 1

What did unit 3407 last sell for?

AED 2,550,000 on 24 July 2008: AED 1,976 per sqft for 1,290 sqft. The unit has 3 registered sales; the first was AED 599,000 in September 2007.

How big is unit 3407?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3407 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 3407, Rimal 1

Starts from the last sale price (AED 2.55M, 24 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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