1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 7th floor · completed 2007

703, Rimal 1

Sold prices and rental history: sold twice, last in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 2.29M24 September 2008
Current rentAED 85K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Rimal 1

What is 703 worth today?

Last sold for AED 2,288,000 in 2008

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28 Aug 2026RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
16 Nov 2021RentedNew contract
AED 60,500/yr12 months · AED 55 per sqft
16 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
9 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
1 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
15 Dec 2017RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
15 Sep 2016RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft
15 Jul 2013RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
7th of 47
Parking
G252
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 2.29M · September 2008
Building
Rimal 1

About 703, Rimal 1

703 is a one-bedroom apartment of 1,105 sqft on the 7th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 September 2008 for AED 2,288,000, or AED 2,070 per sqft, 452% above the AED 375 one-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 28 August 2026, is AED 85,000 a year: a gross yield of 3.7% on the 2008 price, before the service charge of about AED 17,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, August 2008: AED 415,000 (AED 375 per sqft)Sold, September 2008: AED 2,288,000 (AED 2,070 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Rimal 1
50K100K2012201620202024Typical 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 2013: AED 110,000 a yearNew contract, September 2016: AED 115,000 a yearNew contract, December 2017: AED 105,000 a yearNew contract, August 2018: AED 90,000 a yearNew contract, August 2019: AED 75,000 a yearNew contract, November 2020: AED 55,000 a yearNew contract, November 2021: AED 60,500 a yearNew contract, August 2026: AED 85,000 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 703 sits

All 37 1-beds →

703 last sold in September 2008 at AED 2,070 per sqft, 452% above what one-beds in Rimal 1 were fetching at the time (AED 375). 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. 703's AED 85,000 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 7th floor

All 310 units in Rimal 1
Value
7013-bedAED 2.62M · Dec 2025
7023-bedAED 1.17M · Nov 2008
7041-bedAED 1.05M · Jun 2022
7051-bedAED 415K · Nov 2007
7061-bedAED 1.6M · Apr 2025
7073-bedAED 699K · Sep 2007
7083-bedAED 1.8M · May 2012

703, Rimal 1 in numbers

  • Sold twice: first on 10 August 2008 for AED 415,000, last on 24 September 2008 for AED 2,288,000 (AED 2,070 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2020 and recovered to AED 85,000 by August 2026.
  • At AED 85,000 a year the gross yield on the 2008 price is 3.7%, 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 28 August 2026.

Questions about 703, Rimal 1

What did unit 703 last sell for?

AED 2,288,000 on 24 September 2008: AED 2,070 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 415,000 in August 2008.

What is the rent for unit 703?

AED 85,000 a year on the contract signed on 28 August 2026. The previous contract, from November 2021, was AED 60,500; the unit has been rented since July 2013.

How big is unit 703?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.

What is unit 703 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 703, Rimal 1

Starts from the last sale price (AED 2.29M, 24 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,288,000
Deposit, UAE resident (20%)
AED 457,600
Deposit, non-resident (40%)
AED 915,200
Monthly over 25 years at 3.7%
AED 9,361

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