1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 4th floor · completed 2007

403, Rimal 1

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.5M24 October 2023
Current rentAED 105K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Rimal 1

What is 403 worth today?

Last sold for AED 1,500,000 in 2023

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25 Oct 2023RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
24 Oct 2023SoldReady
AED 1,500,000AED 1,357 per sqft
25 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
30 Mar 2021RentedRenewal
AED 65,000/yr12 months · AED 59 per sqft
30 Mar 2020RentedRenewal
AED 72,000/yr12 months · AED 65 per sqft
30 Mar 2019RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
27 Feb 2018SoldReady
AED 1,350,000AED 1,221 per sqft
10 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
4th of 47
Parking
G239
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 1.5M · October 2023
Building
Rimal 1

About 403, Rimal 1

403 is a one-bedroom apartment of 1,105 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 24 October 2023 for AED 1,500,000, or AED 1,357 per sqft, 15% above the AED 1,183 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, signed on 25 October 2023, is AED 105,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 17,400 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 828,000; 2009 AED 1,000,000; 2010 AED 774,800; 2011 AED 1,240,000; 2013 AED 1,220,000; 2014 AED 1,330,000; 2019 AED 980,000; 2022 AED 1,107,500; 2023 AED 1,390,000; 2024 AED 2,345,552Sold by developer, October 2008: AED 828,000 (AED 749 per sqft)Sold, November 2008: AED 2,300,000 (AED 2,081 per sqft)Sold, February 2018: AED 1,350,000 (AED 1,221 per sqft)Sold, October 2023: AED 1,500,000 (AED 1,357 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Rimal 1
75K100K20112015201920232027Typical rent by year: 2012 AED 76,150; 2013 AED 90,000; 2014 AED 93,800; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 96,588; 2018 AED 90,000; 2019 AED 77,500; 2020 AED 65,000; 2021 AED 63,250; 2022 AED 80,000; 2023 AED 93,750; 2024 AED 95,000; 2025 AED 110,000; 2026 AED 94,500New contract, July 2011: AED 70,000 a yearRenewal, July 2012: AED 75,000 a yearNew contract, October 2013: AED 86,000 a yearRenewal, October 2014: AED 94,600 a yearRenewal, October 2015: AED 99,330 a yearNew contract, December 2016: AED 100,000 a yearRenewal, March 2019: AED 75,000 a yearRenewal, March 2020: AED 72,000 a yearRenewal, March 2021: AED 65,000 a yearNew contract, July 2022: AED 95,000 a yearNew contract, October 2023: AED 105,000 a year

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

1-beds in Rimal 1, and where 403 sits

All 37 1-beds →

403 last sold in October 2023 at AED 1,357 per sqft, 15% above what one-beds in Rimal 1 were fetching at the time (AED 1,183). Over the last 12 months one-beds sold for AED 3,000,000, around AED 1,806 per sqft, and rent for AED 70,000 to 210,000 a year. 403's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20263,000,000
9 May 20254,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
1 1-bed sale 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
4023-bedAED 3.45M · May 2014
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

403, Rimal 1 in numbers

  • Sold 4 times: first on 26 October 2008 for AED 828,000, last on 24 October 2023 for AED 1,500,000 (AED 1,357 per sqft).
  • Rented since July 2011 on 11 Ejari contracts, from AED 70,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 17,400 a year (AED 15.73 per sqft).
  • One-beds in Rimal 1 sold for AED 3,000,000–3,000,000 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 25 October 2023.

Questions about 403, Rimal 1

What did unit 403 last sell for?

AED 1,500,000 on 24 October 2023: AED 1,357 per sqft for 1,105 sqft. The unit has 4 registered sales; the first was AED 828,000 in October 2008.

What is the rent for unit 403?

AED 105,000 a year on the contract signed on 25 October 2023. The previous contract, from July 2022, was AED 95,000; the unit has been rented since July 2011.

How big is unit 403?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 4th floor of a 47-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 1 sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 1,806 per sqft.

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Mortgage on 403, Rimal 1

Starts from the last sale price (AED 1.5M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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