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

705, Rimal 1

Sold prices and rental history: sold once, by the developer in November 2007, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 April 2017
Last soldAED 415K15 November 2007
Current rentAED 40K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Rimal 1

What is 705 worth today?

Last sold for AED 415,000 in 2007

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1 Apr 2017RentedNew contract
AED 40,000/yr60 months · AED 36 per sqft
1 Apr 2016RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
15 Nov 2007Sold by developerReady
AED 415,000AED 375 per sqft

Source: Dubai Land Department. Updated 1 April 2017.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
7th of 47
Parking
G244
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 415K · November 2007
Building
Rimal 1

About 705, Rimal 1

705 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. The developer sold it on 15 November 2007 for AED 415,000, or AED 375 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 April 2017, is AED 40,000 a year: a gross yield of 9.6% on the 2007 price, before the service charge of about AED 17,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, November 2007: AED 415,000 (AED 375 per sqft)

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

Rents
Unit 705, 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, April 2016: AED 45,000 a yearNew contract, April 2017: AED 40,000 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 705 sits

All 37 1-beds →

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. 705's AED 40,000 is at the bottom 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
7031-bedAED 2.29M · Sep 2008
7041-bedAED 1.05M · Jun 2022
7061-bedAED 1.6M · Apr 2025
7073-bedAED 699K · Sep 2007
7083-bedAED 1.8M · May 2012

705, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 15 November 2007 for AED 415,000, or AED 375 per sqft.
  • Rented since April 2016 on 2 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2007 price is 9.6%, 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 1 April 2017.

Questions about 705, Rimal 1

What did unit 705 last sell for?

AED 415,000 on 15 November 2007, sold by the developer: AED 375 per sqft for 1,105 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 40,000 a year on the contract signed on 1 April 2017. The previous contract, from April 2016, was AED 45,000.

How big is unit 705?

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 705 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 705, Rimal 1

Starts from the last sale price (AED 415K, 15 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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