702, Rimal 1
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Rimal 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 7th of 47
- Parking
- M516/ M517
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 1.17M · November 2008
- Building
- Rimal 1
About 702, Rimal 1
702 is a three-bedroom apartment of 1,919 sqft on the 7th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 November 2008 for AED 1,165,000, or AED 607 per sqft, in line with the AED 606 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 1 November 2025, is AED 130,000 a year: a gross yield of 11.2% on the 2008 price, before the service charge of about AED 30,200 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the three-bed median of each year in the building.
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 702 sits
All 60 3-beds →702 last sold in November 2008 at AED 607 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 606). 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. 702's AED 130,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,919 sqft | 2,650,000 | 1,380 | ||
| 18 Aug 202618 August 2026 | 1,919 sqft | 2,700,000 | 1,406 | ||
| 9 Mar 20269 March 2026 | 1,919 sqft | 3,100,000 | 1,615 | ||
| 22 Dec 202522 December 2025 | 1,919 sqft | 2,619,378 | 1,364 |
Rimal 1
Building310 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%
Other units on the 7th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,919 sqft | AED 2.62MAED 2,619,378 · Dec 2025December 2025 | 198,000 /yr | |
| 703 | 1-bed | 1,105 sqft | AED 2.29MAED 2,288,000 · Sep 2008September 2008 | 85,000 /yr | |
| 704 | 1-bed | 1,105 sqft | AED 1.05MAED 1,050,000 · Jun 2022June 2022 | 99,000 /yr | |
| 705 | 1-bed | 1,105 sqft | AED 415KAED 415,000 · Nov 2007November 2007 | 40,000 /yr | |
| 706 | 1-bed | 1,105 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 90,000 /yr | |
| 707 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Sep 2007September 2007 | 153,413 /yr | |
| 708 | 3-bed | 1,919 sqft | AED 1.8MAED 1,800,000 · May 2012May 2012 |
702, Rimal 1 in numbers
- Sold once: by Dubai Properties on 24 November 2008 for AED 1,165,000, or AED 607 per sqft.
- Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 136,500 to AED 105,000 in 2021 and recovered to AED 130,000 by November 2025.
- At AED 130,000 a year the gross yield on the 2008 price is 11.2%, 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 1 November 2025.
Questions about 702, Rimal 1
What did unit 702 last sell for?
AED 1,165,000 on 24 November 2008, sold by the developer: AED 607 per sqft for 1,919 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 130,000 a year on the contract signed on 1 November 2025. The previous contract, from February 2025, was AED 195,000; the unit has been rented since September 2012.
How big is unit 702?
1,919 sqft (178.3 sqm): a three-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.
What is unit 702 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 702, Rimal 1
Starts from the last sale price (AED 1.17M, 24 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,000
- Deposit, UAE resident (20%)
- AED 233,000
- Deposit, non-resident (40%)
- AED 466,000
- Monthly over 25 years at 3.7%
- AED 4,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →