L03, Rimal 1
Sold prices and rental history: sold twice, last in August 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L03, Rimal 1
What is L03 worth today?
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Source: Dubai Land Department. Updated 4 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,661 sqft
- Floor
- Ground of 47
- Parking
- M600/ M601
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 26,100 /yr
- Last sold
- AED 3M · August 2026
- Building
- Rimal 1
About L03, Rimal 1
L03 is a one-bedroom apartment of 1,661 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 4 August 2026 for AED 3,000,000, or AED 1,806 per sqft.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 187,000 a year: a gross yield of 6.2% on the 2026 price, before the service charge of about AED 26,100 a year.
Sales and rents for L03 over time
L03 has sold twice; the dashed line is the one-bed median of each year in the building.
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 L03 sits
All 37 1-beds →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. L03's AED 187,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 |
Rimal 1
Building310 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%
Other units on the ground floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| L01 | 1-bed | 2,121 sqft | AED 1.6MAED 1,600,000 · May 2011May 2011 | 295,000 /yr | |
| L02 | 1-bed | 2,121 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 270,000 /yr | |
| L04 | 1-bed | 1,313 sqft | AED 805KAED 805,000 · Nov 2012November 2012 | 115,000 /yr | |
| L05 | 1-bed | 1,661 sqft | AED 1.5MAED 1,500,000 · Nov 2019November 2019 | 210,000 /yr | |
| LP1 | 4-bed | 5,062 sqft | AED 6.1MAED 6,095,735 · Jan 2024January 2024 | 1,080,000 /yr | |
| LP2 | 3-bed | 3,090 sqft | AED 3.98MAED 3,980,000 · Mar 2024March 2024 | ||
| LP4 | 4-bed | 4,191 sqft | AED 5.05MAED 5,050,000 · Feb 2023February 2023 |
L03, Rimal 1 in numbers
- Sold twice: first on 19 March 2008 for AED 1,035,000, last on 4 August 2026 for AED 3,000,000 (AED 1,806 per sqft).
- Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2022 and recovered to AED 187,000 by October 2025.
- At AED 187,000 a year the gross yield on the 2026 price is 6.2%, before a service charge of about AED 26,100 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 4 August 2026.
Questions about L03, Rimal 1
What did unit L03 last sell for?
AED 3,000,000 on 4 August 2026: AED 1,806 per sqft for 1,661 sqft. The unit has 2 registered sales; the first was AED 1,035,000 in March 2008.
What is the rent for unit L03?
AED 187,000 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 180,000; the unit has been rented since June 2013.
How big is unit L03?
1,661 sqft (154.3 sqm): a one-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.
What is unit L03 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 L03, Rimal 1
Starts from the last sale price (AED 3M, 4 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →