2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 9th floor · completed 2007

903, Rimal 1

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 22 November 2020
Last soldAED 1.9M14 June 2015
Current rentAED 10K /yr22 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Rimal 1

What is 903 worth today?

Last sold for AED 1,900,000 in 2015

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22 Nov 2020RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 7 per sqft
15 Dec 2019RentedNew contract
AED 96,000/yr12 months · AED 69 per sqft
4 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
4 Dec 2017RentedRenewal
AED 100,000/yr12 months · AED 72 per sqft
4 Dec 2016RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
4 Dec 2015RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
14 Jun 2015SoldReady
AED 1,900,000AED 1,368 per sqft
4 Dec 2014RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 22 November 2020.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
9th of 47
Parking
B674
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.9M · June 2015
Building
Rimal 1

About 903, Rimal 1

903 is a two-bedroom apartment of 1,388 sqft on the 9th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 June 2015 for AED 1,900,000, or AED 1,368 per sqft, 15% below the AED 1,600 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 22 November 2020, is AED 10,000 a year: a gross yield of 0.5% on the 2015 price, before the service charge of about AED 21,800 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in Rimal 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,250,000; 2010 AED 1,440,000; 2011 AED 1,240,000; 2012 AED 1,375,000; 2013 AED 1,550,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,075,000; 2026 AED 1,950,000Sold by developer, January 2009: AED 635,000 (AED 457 per sqft)Sold, November 2013: AED 2,040,000 (AED 1,469 per sqft)Sold, June 2015: AED 1,900,000 (AED 1,368 per sqft)

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

Rents
Unit 903, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 109,844; 2013 AED 111,406; 2014 AED 126,500; 2015 AED 132,563; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 114,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 94,938; 2023 AED 120,500; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 126,000New contract, December 2014: AED 120,000 a yearNew contract, December 2015: AED 120,000 a yearRenewal, December 2016: AED 120,000 a yearRenewal, December 2017: AED 100,000 a yearRenewal, December 2018: AED 100,000 a yearNew contract, December 2019: AED 96,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 1, and where 903 sits

All 211 2-beds →

903 last sold in June 2015 at AED 1,368 per sqft, 15% below what two-beds in Rimal 1 were fetching at the time (AED 1,600). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year. 903's AED 10,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
23 Sep 20261,900,000
12 2-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. 18 sold in the last 12 months.

Typical price per sqft
AED 1,478 Up 1.4%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.2%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 9th floor

All 310 units in Rimal 1
Value
9013-bedAED 2.35M · Mar 2023
9023-bedAED 3.2M · Jan 2025
9042-bedAED 275K · Aug 2008
9052-bedAED 2.2M · Jan 2026
9062-bedAED 1.65M · Oct 2021
9073-bedAED 699K · Sep 2007
9083-bedAED 2.63M · Jul 2025

903, Rimal 1 in numbers

  • Sold 3 times: first on 18 January 2009 for AED 635,000, last on 14 June 2015 for AED 1,900,000 (AED 1,368 per sqft).
  • Rented since December 2014 on 7 Ejari contracts, from AED 120,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2015 price is 0.5%, before a service charge of about AED 21,800 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 22 November 2020.

Questions about 903, Rimal 1

What did unit 903 last sell for?

AED 1,900,000 on 14 June 2015: AED 1,368 per sqft for 1,388 sqft. The unit has 3 registered sales; the first was AED 635,000 in January 2009.

What is the rent for unit 903?

AED 10,000 a year on the contract signed on 22 November 2020. The previous contract, from December 2019, was AED 96,000; the unit has been rented since December 2014.

How big is unit 903?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 9th floor of a 47-storey tower completed in 2007.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 1,682,377 to 3,150,000 in the last 12 months, around AED 1,478 per sqft.

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Mortgage on 903, Rimal 1

Starts from the last sale price (AED 1.9M, 14 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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