3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 8th floor · completed 2007

802, Rimal 1

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1.11M24 December 2008
Current rentAED 200K /yr23 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Rimal 1

What is 802 worth today?

Last sold for AED 1,105,000 in 2008

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23 May 2024RentedRenewal
AED 200,000/yr12 months · AED 104 per sqft
1 Jun 2023RentedRenewal
AED 122,975/yr12 months · AED 64 per sqft
1 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Jun 2021RentedRenewal
AED 96,000/yr12 months · AED 50 per sqft
1 May 2020RentedNew contract
AED 105,000/yr13 months · AED 55 per sqft
6 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
5 Feb 2019RentedRenewal
AED 150,000/yr12 months · AED 78 per sqft
5 Feb 2018RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
8th of 47
Parking
B726/ B744
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 1.11M · December 2008
Building
Rimal 1

About 802, Rimal 1

802 is a three-bedroom apartment of 1,919 sqft on the 8th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 December 2008 for AED 1,105,000, or AED 575 per sqft, 5% below the AED 607 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 23 May 2024, is AED 200,000 a year: a gross yield of 18.1% on the 2008 price, before the service charge of about AED 30,200 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, December 2008: AED 1,105,000 (AED 575 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in Rimal 1
100K150K200K2012201620202024Typical 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 160,000New contract, February 2014: AED 170,000 a yearRenewal, February 2015: AED 178,500 a yearRenewal, February 2016: AED 175,000 a yearRenewal, February 2017: AED 165,000 a yearRenewal, February 2018: AED 165,000 a yearRenewal, February 2019: AED 150,000 a yearNew contract, August 2019: AED 120,000 a yearNew contract, May 2020: AED 105,000 a yearRenewal, June 2021: AED 96,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 122,975 a yearRenewal, May 2024: AED 200,000 a year

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 802 sits

All 60 3-beds →

802 last sold in December 2008 at AED 575 per sqft, 5% below what three-beds in Rimal 1 were fetching at the time (AED 607). 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. 802's AED 200,000 is in the lower half of that range.

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 8th floor

All 310 units in Rimal 1
Value
8013-bedAED 2.7M · Aug 2026
8031-bedAED 415K · Oct 2010
8041-bedAED 415K · Mar 2010
8051-bedAED 1.49M · Aug 2023
8061-bedAED 1.17M · Jun 2022
8073-bedAED 350K · Nov 2007
8083-bedAED 2.1M · Sep 2007

802, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 24 December 2008 for AED 1,105,000, or AED 575 per sqft.
  • Rented since February 2014 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 96,000 in 2021 and recovered to AED 200,000 by May 2024.
  • At AED 200,000 a year the gross yield on the 2008 price is 18.1%, 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 23 May 2024.

Questions about 802, Rimal 1

What did unit 802 last sell for?

AED 1,105,000 on 24 December 2008, sold by the developer: AED 575 per sqft for 1,919 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 200,000 a year on the contract renewed on 23 May 2024. The previous contract, from June 2023, was AED 122,975; the unit has been rented since February 2014.

How big is unit 802?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 8th floor of a 47-storey tower completed in 2007.

What is unit 802 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 802, Rimal 1

Starts from the last sale price (AED 1.11M, 24 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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