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3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 7th floor · completed 2007

708, Rimal 1

Sold prices and rental history: sold 3 times, last in May 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 29 May 2012
Last soldAED 1.8M29 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Rimal 1

What is 708 worth today?

Last sold for AED 1,800,000 in 2012

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29 May 2012SoldReady
AED 1,800,000AED 937 per sqft
21 Oct 2010Sold by developerReady
AED 1,600,000AED 833 per sqft
21 Oct 2010SoldReady
AED 699,000AED 364 per sqft

Source: Dubai Land Department. Updated 29 May 2012.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
7th of 47
Parking
B780/ 781
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 1.8M · May 2012
Building
Rimal 1

About 708, Rimal 1

708 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. It last sold on 29 May 2012 for AED 1,800,000, or AED 937 per sqft, 80% above the AED 521 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical three-bed in Rimal 1
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, October 2010: AED 1,600,000 (AED 833 per sqft)Sold, October 2010: AED 699,000 (AED 364 per sqft)Sold, May 2012: AED 1,800,000 (AED 937 per sqft)

708 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 708, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 137,750; 2024 AED 168,750; 2025 AED 165,000; 2026 AED 160,000

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 708 sits

All 60 3-beds →

708 last sold in May 2012 at AED 937 per sqft, 80% above what three-beds in Rimal 1 were fetching at the time (AED 521). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-bed sales 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
7051-bedAED 415K · Nov 2007
7061-bedAED 1.6M · Apr 2025
7073-bedAED 699K · Sep 2007

708, Rimal 1 in numbers

  • Sold 3 times: first on 21 October 2010 for AED 699,000, last on 29 May 2012 for AED 1,800,000 (AED 937 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 29 May 2012.

Questions about 708, Rimal 1

What did unit 708 last sell for?

AED 1,800,000 on 29 May 2012: AED 937 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 699,000 in October 2010.

How big is unit 708?

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 708 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 708, Rimal 1

Starts from the last sale price (AED 1.8M, 29 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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