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3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 4th floor · completed 2007

402, Rimal 1

Sold prices and rental history: sold twice, last in May 2014, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 7 May 2014
Last soldAED 3.45M7 May 2014
Current rentAED 145K /yr1 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Rimal 1

What is 402 worth today?

Last sold for AED 3,450,000 in 2014

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7 May 2014SoldReady
AED 3,450,000AED 1,797 per sqft
1 Apr 2013RentedNew contract
AED 145,000/yr12 months · AED 76 per sqft
13 May 2008Sold by developerReady
AED 1,165,000AED 607 per sqft

Source: Dubai Land Department. Updated 7 May 2014.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
4th of 47
Parking
B459/ B460
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 3.45M · May 2014
Building
Rimal 1

About 402, Rimal 1

402 is a three-bedroom apartment of 1,919 sqft on the 4th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 May 2014 for AED 3,450,000, or AED 1,797 per sqft, 53% above the AED 1,172 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2013. The current contract, signed on 1 April 2013, is AED 145,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 30,200 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Rimal 1
2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, May 2008: AED 1,165,000 (AED 607 per sqft)Sold, May 2014: AED 3,450,000 (AED 1,797 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 137,750; 2024 AED 168,750; 2025 AED 165,000; 2026 AED 160,000New contract, April 2013: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 1, and where 402 sits

All 60 3-beds →

402 last sold in May 2014 at AED 1,797 per sqft, 53% above what three-beds in Rimal 1 were fetching at the time (AED 1,172). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 123,347 to 280,000 a year. 402's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-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 4th floor

All 310 units in Rimal 1
Value
4013-bedAED 2.9M · Dec 2025
4031-bedAED 1.5M · Oct 2023
4041-bedAED 710K · Sep 2007
4051-bedAED 1.29M · Aug 2023
4061-bedAED 1.16M · Dec 2008
4073-bedAED 2.8M · Nov 2025
4083-bedAED 2.16M · Aug 2014

402, Rimal 1 in numbers

  • Sold twice: first on 13 May 2008 for AED 1,165,000, last on 7 May 2014 for AED 3,450,000 (AED 1,797 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 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 7 May 2014.

Questions about 402, Rimal 1

What did unit 402 last sell for?

AED 3,450,000 on 7 May 2014: AED 1,797 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 1,165,000 in May 2008.

What is the rent for unit 402?

AED 145,000 a year on the contract signed on 1 April 2013.

How big is unit 402?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 4th floor of a 47-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 3,100,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 402, Rimal 1

Starts from the last sale price (AED 3.45M, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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