Home
Dubai prices
About
Research
1-bed · 2,121 sqftRimal 1, Jumeirah Beach Residence · Ground floor · completed 2007

L02, Rimal 1

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L02 · DLD and Ejari recordsUpdated 9 May 2025
Last soldAED 4M9 May 2025
Current rentAED 270K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow L02

Property timeline for L02, Rimal 1

What is L02 worth today?

Last sold for AED 4,000,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 May 2025SoldReady
AED 4,000,000AED 1,886 per sqft
8 Oct 2024SoldReady
AED 4,000,000AED 1,886 per sqft
10 Aug 2023RentedRenewal
AED 270,000/yr12 months · AED 127 per sqft
10 Aug 2022RentedNew contract
AED 270,000/yr12 months · AED 127 per sqft
26 Jun 2008Sold by developerReady
AED 747,500AED 352 per sqft

Source: Dubai Land Department. Updated 9 May 2025.

Key facts

Type
1-bed apartment
Size
2,121 sqft
Floor
Ground of 47
Parking
M581/ M582
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 4M · May 2025
Building
Rimal 1

About L02, Rimal 1

L02 is a one-bedroom apartment of 2,121 sqft on the ground floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 May 2025 for AED 4,000,000, or AED 1,886 per sqft, 12% above the AED 1,690 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 270,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 33,400 a year.

Sales and rents for L02 over time

Sales
Unit L02, each saleTypical one-bed in Rimal 1
02M4M2007201220172022Typical 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, June 2008: AED 747,500 (AED 352 per sqft)Sold, October 2024: AED 4,000,000 (AED 1,886 per sqft)Sold, May 2025: AED 4,000,000 (AED 1,886 per sqft)

L02 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit L02, each contractTypical one-bed in Rimal 1
100K200K300K2012201620202024Typical 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, August 2022: AED 270,000 a yearRenewal, August 2023: AED 270,000 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 L02 sits

All 37 1-beds →

L02 last sold in May 2025 at AED 1,886 per sqft, 12% above what one-beds in Rimal 1 were fetching at the time (AED 1,690). 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. L02's AED 270,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20263,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
2 Jan 20242,345,552
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. 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 ground floor

All 310 units in Rimal 1
Value
L011-bedAED 1.6M · May 2011
L031-bedAED 3M · Aug 2026
L041-bedAED 805K · Nov 2012
L051-bedAED 1.5M · Nov 2019
LP14-bedAED 6.1M · Jan 2024
LP23-bedAED 3.98M · Mar 2024
LP44-bedAED 5.05M · Feb 2023

L02, Rimal 1 in numbers

  • Sold 3 times: first on 26 June 2008 for AED 747,500, last on 9 May 2025 for AED 4,000,000 (AED 1,886 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 33,400 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 1,478 per sqft.

Source: Dubai Land Department. Updated 9 May 2025.

Questions about L02, Rimal 1

What did unit L02 last sell for?

AED 4,000,000 on 9 May 2025: AED 1,886 per sqft for 2,121 sqft. The unit has 3 registered sales; the first was AED 747,500 in June 2008.

What is the rent for unit L02?

AED 270,000 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 270,000.

How big is unit L02?

2,121 sqft (197.0 sqm): a one-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.

What is unit L02 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.

Selling L02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on L02, Rimal 1

Starts from the last sale price (AED 4M, 9 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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