LP1, Rimal 1
Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LP1, Rimal 1
What is LP1 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 5,062 sqft
- Floor
- Ground of 47
- Parking
- 2
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 79,600 /yr
- Last sold
- AED 6.1M · January 2024
- Building
- Rimal 1
About LP1, Rimal 1
LP1 is a four-bedroom apartment of 5,062 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 25 January 2024 for AED 6,095,735, or AED 1,204 per sqft.
One Ejari contract is registered, from 1 July 2025. The current contract, signed on 1 July 2025, is AED 1,080,000 a year: a gross yield of 17.7% on the 2024 price, before the service charge of about AED 79,600 a year.
4-beds in Rimal 1, and where LP1 sits
All 6 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202412 December 2024 | 5,954 sqft | 8,000,000 | 1,343 | ||
| 24 Feb 202324 February 2023 | 4,191 sqft | 5,050,000 | 1,204 | ||
| 25 Apr 202225 April 2022 | 5,888 sqft | 8,000,000 | 1,358 | ||
| 20 Jun 202120 June 2021 | 5,168 sqft | 9,700,000 | 1,876 |
Rimal 1
Building310 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%
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 | |
| L03 | 1-bed | 1,661 sqft | AED 3MAED 3,000,000 · Aug 2026August 2026 | 187,000 /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 | |
| 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 |
LP1, Rimal 1 in numbers
- Sold 3 times: first on 2 July 2012 for AED 4,556,000, last on 25 January 2024 for AED 6,095,735 (AED 1,204 per sqft).
- Rented since July 2025 on one Ejari contract, at AED 1,080,000 a year.
- At AED 1,080,000 a year the gross yield on the 2024 price is 17.7%, before a service charge of about AED 79,600 a year (AED 15.73 per sqft).
Source: Dubai Land Department. Updated 1 July 2025.
Questions about LP1, Rimal 1
What did unit LP1 last sell for?
AED 6,095,735 on 25 January 2024: AED 1,204 per sqft for 5,062 sqft. The unit has 3 registered sales; the first was AED 4,556,000 in July 2012.
What is the rent for unit LP1?
AED 1,080,000 a year on the contract signed on 1 July 2025.
How big is unit LP1?
5,062 sqft (470.3 sqm): a four-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.
What is unit LP1 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on LP1, Rimal 1
Starts from the last sale price (AED 6.1M, 25 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,095,735
- Deposit, UAE resident (20%)
- AED 1,219,147
- Deposit, non-resident (40%)
- AED 2,438,294
- Monthly over 25 years at 3.7%
- AED 24,940
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →