Home
Dubai prices
About
Research
3-bed · 3,090 sqftRimal 1, Jumeirah Beach Residence · Ground floor · completed 2007

LP2, Rimal 1

Sold prices and rental history: sold 5 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LP2 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 3.98M1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow LP2

Property timeline for LP2, Rimal 1

What is LP2 worth today?

Last sold for AED 3,980,000 in 2024

Unlock today's estimate, updated daily, with

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

1 Mar 2024SoldReady
AED 3,980,000AED 1,288 per sqft
27 Aug 2013SoldReady
AED 3,700,000AED 1,197 per sqft
11 Dec 2011SoldReady
AED 1,400,000AED 453 per sqft
27 Jul 2010SoldReady
AED 2,000,000AED 647 per sqft
1 Mar 2010Sold by developerReady
AED 3,133,200AED 1,013 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
3,090 sqft
Floor
Ground of 47
Parking
B746-B747
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,600 /yr
Last sold
AED 3.98M · March 2024
Building
Rimal 1

About LP2, Rimal 1

LP2 is a three-bedroom apartment of 3,090 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 1 March 2024 for AED 3,980,000, or AED 1,288 per sqft, in line with the AED 1,302 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for LP2 over time

Sales
Unit LP2, each saleTypical three-bed in Rimal 1
2M4M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, March 2010: AED 3,133,200 (AED 1,013 per sqft)Sold, July 2010: AED 2,000,000 (AED 647 per sqft)Sold, December 2011: AED 1,400,000 (AED 453 per sqft)Sold, August 2013: AED 3,700,000 (AED 1,197 per sqft)Sold, March 2024: AED 3,980,000 (AED 1,288 per sqft)

LP2 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit LP2, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 136,500; 2024 AED 167,500; 2025 AED 165,000; 2026 AED 160,000

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

3-beds in Rimal 1, and where LP2 sits

All 60 3-beds →

LP2 last sold in March 2024 at AED 1,288 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 1,302). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 50,000 to 280,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-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 ground floor

All 310 units in Rimal 1
Value
L011-bedAED 1.6M · May 2011
L021-bedAED 4M · May 2025
L031-bedAED 3M · Aug 2026
L041-bedAED 805K · Nov 2012
L051-bedAED 1.5M · Nov 2019
LP14-bedAED 6.1M · Jan 2024
LP44-bedAED 5.05M · Feb 2023

LP2, Rimal 1 in numbers

  • Sold 5 times: first on 1 March 2010 for AED 3,133,200, last on 1 March 2024 for AED 3,980,000 (AED 1,288 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 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 1 March 2024.

Questions about LP2, Rimal 1

What did unit LP2 last sell for?

AED 3,980,000 on 1 March 2024: AED 1,288 per sqft for 3,090 sqft. The unit has 5 registered sales; the first was AED 3,133,200 in March 2010.

How big is unit LP2?

3,090 sqft (287.1 sqm): a three-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.

What is unit LP2 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 3,100,000 in the last 12 months, around AED 1,406 per sqft.

Selling LP2? 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 LP2, Rimal 1

Starts from the last sale price (AED 3.98M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,980,000
Deposit, UAE resident (20%)
AED 796,000
Deposit, non-resident (40%)
AED 1,592,000
Monthly over 25 years at 3.7%
AED 16,283

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