1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 8th floor · completed 2007

805, Rimal 1

Sold prices and rental history: sold 5 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 12 May 2024
Last soldAED 1.49M1 August 2023
Current rentAED 70K /yr12 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Rimal 1

What is 805 worth today?

Last sold for AED 1,490,000 in 2023

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12 May 2024RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
1 Aug 2023SoldReady
AED 1,490,000AED 1,348 per sqft
12 Sep 2022RentedRenewal
AED 81,999/yr8 months · AED 74 per sqft
12 May 2022RentedRenewal
AED 81,999/yr4 months · AED 74 per sqft
12 Sep 2021RentedRenewal
AED 65,000/yr8 months · AED 59 per sqft
12 May 2021RentedRenewal
AED 63,000/yr4 months · AED 57 per sqft
12 May 2020RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
30 Jan 2020RentedNew contract
AED 72,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 12 May 2024.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
8th of 47
Parking
G245
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 1.49M · August 2023
Building
Rimal 1

About 805, Rimal 1

805 is a one-bedroom apartment of 1,105 sqft on the 8th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 August 2023 for AED 1,490,000, or AED 1,348 per sqft, 18% above the AED 1,146 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 May 2024, is AED 70,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 17,400 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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 2009: AED 415,000 (AED 375 per sqft)Sold, December 2009: AED 1,145,000 (AED 1,036 per sqft)Sold, June 2013: AED 1,300,000 (AED 1,176 per sqft)Sold, December 2013: AED 1,495,000 (AED 1,352 per sqft)Sold, August 2023: AED 1,490,000 (AED 1,348 per sqft)

805 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, each contractTypical one-bed in Rimal 1
75K100K2012201620202024Typical 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, January 2013: AED 70,000 a yearNew contract, January 2017: AED 94,745 a yearNew contract, August 2018: AED 75,000 a yearNew contract, January 2020: AED 72,000 a yearNew contract, May 2020: AED 60,000 a yearRenewal, May 2021: AED 63,000 a yearRenewal, September 2021: AED 65,000 a yearRenewal, May 2022: AED 81,999 a yearRenewal, September 2022: AED 81,999 a yearNew contract, May 2024: AED 70,000 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 805 sits

All 37 1-beds →

805 last sold in August 2023 at AED 1,348 per sqft, 18% above what one-beds in Rimal 1 were fetching at the time (AED 1,146). 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. 805's AED 70,000 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 8th floor

All 310 units in Rimal 1
Value
8013-bedAED 2.7M · Aug 2026
8023-bedAED 1.11M · Dec 2008
8031-bedAED 415K · Oct 2010
8041-bedAED 415K · Mar 2010
8061-bedAED 1.17M · Jun 2022
8073-bedAED 350K · Nov 2007
8083-bedAED 2.1M · Sep 2007

805, Rimal 1 in numbers

  • Sold 5 times: first on 8 November 2009 for AED 415,000, last on 1 August 2023 for AED 1,490,000 (AED 1,348 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2020 and recovered to AED 70,000 by May 2024.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.7%, 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 12 May 2024.

Questions about 805, Rimal 1

What did unit 805 last sell for?

AED 1,490,000 on 1 August 2023: AED 1,348 per sqft for 1,105 sqft. The unit has 5 registered sales; the first was AED 415,000 in November 2009.

What is the rent for unit 805?

AED 70,000 a year on the contract signed on 12 May 2024. The previous contract, from September 2022, was AED 81,999; the unit has been rented since January 2013.

How big is unit 805?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 8th floor of a 47-storey tower completed in 2007.

What is unit 805 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 805, Rimal 1

Starts from the last sale price (AED 1.49M, 1 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

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