704, Rimal 1
Sold prices and rental history: sold 5 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Rimal 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 7 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,105 sqft
- Floor
- 7th of 47
- Parking
- G362
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.05M · June 2022
- Building
- Rimal 1
About 704, Rimal 1
704 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 16 June 2022 for AED 1,050,000, or AED 950 per sqft, 5% below the AED 995 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 March 2026, is AED 99,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 17,400 a year.
Sales and rents for 704 over time
704 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 704 sits
All 37 1-beds →704 last sold in June 2022 at AED 950 per sqft, 5% below what one-beds in Rimal 1 were fetching at the time (AED 995). 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. 704's AED 99,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,661 sqft | 3,000,000 | 1,806 | ||
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 |
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 | |
| 702 | 3-bed | 1,919 sqft | AED 1.17MAED 1,165,000 · Nov 2008November 2008 | 130,000 /yr | |
| 703 | 1-bed | 1,105 sqft | AED 2.29MAED 2,288,000 · Sep 2008September 2008 | 85,000 /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 |
704, Rimal 1 in numbers
- Sold 5 times: first on 3 April 2008 for AED 415,000, last on 16 June 2022 for AED 1,050,000 (AED 950 per sqft).
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 60,000 in 2021 and recovered to AED 99,000 by March 2026.
- At AED 99,000 a year the gross yield on the 2022 price is 9.4%, 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 7 March 2026.
Questions about 704, Rimal 1
What did unit 704 last sell for?
AED 1,050,000 on 16 June 2022: AED 950 per sqft for 1,105 sqft. The unit has 5 registered sales; the first was AED 415,000 in April 2008.
What is the rent for unit 704?
AED 99,000 a year on the contract signed on 7 March 2026. The previous contract, from October 2024, was AED 99,000; the unit has been rented since October 2014.
How big is unit 704?
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 704 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 704, Rimal 1
Starts from the last sale price (AED 1.05M, 16 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →