1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 10th floor · completed 2007

1003, Rimal 2

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 21 September 2020
Last soldAED 770K21 September 2020
Current rentAED 90K /yr13 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Rimal 2

What is 1003 worth today?

Last sold for AED 770,000 in 2020

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21 Sep 2020SoldReady
AED 770,000AED 671 per sqft
13 Aug 2018RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
13 Aug 2017RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
13 Aug 2016RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
8 Aug 2015RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
20 Jun 2014RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
18 Mar 2013RentedNew contract
AED 73,500/yr12 months · AED 64 per sqft
31 Jan 2008SoldReady
AED 1,450,000AED 1,264 per sqft

Source: Dubai Land Department. Updated 21 September 2020.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
10th of 40
Parking
B073
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 770K · September 2020
Building
Rimal 2

About 1003, Rimal 2

1003 is a one-bedroom apartment of 1,146 sqft on the 10th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 September 2020 for AED 770,000, or AED 671 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 13 August 2018, is AED 90,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Rimal 2
1M20072012201720222027Typical sale price by year: 2007 AED 415,000; 2008 AED 380,000; 2009 AED 397,500; 2010 AED 657,500; 2011 AED 870,000; 2012 AED 380,000; 2013 AED 1,090,000; 2025 AED 1,635,000; 2026 AED 1,700,000Sold, January 2008: AED 1,450,000 (AED 1,264 per sqft)Sold by developer, January 2008: AED 415,000 (AED 361 per sqft)Sold, September 2020: AED 770,000 (AED 671 per sqft)

1003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Rimal 2
75K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 105,250; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 88,500; 2019 AED 79,000; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 99,225; 2025 AED 105,000; 2026 AED 93,000New contract, March 2013: AED 73,500 a yearNew contract, June 2014: AED 100,000 a yearNew contract, August 2015: AED 100,000 a yearNew contract, August 2016: AED 100,000 a yearNew contract, August 2017: AED 100,000 a yearRenewal, August 2018: AED 90,000 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 2, and where 1003 sits

All 30 1-beds →

Over the last 12 months one-beds sold for AED 1,675,000 to 1,755,320, around AED 1,482 per sqft, and rent for AED 85,000 to 110,000 a year. 1003's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,755,320
10 Apr 20261,700,000
5 Jan 20261,675,000
29 Jul 20251,850,000
3 1-bed sales in the last 12 months

Rimal 2

Building

156 apartments, studios to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,636 Up 1.4%
Typical sale
AED 2.8M
Typical rent
AED 125K /yr
Typical yield
5.6%
Rimal 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 156 units in Rimal 2
Value
10011-bedAED 1.85M · Jul 2025
1002StudioAED 275K · Aug 2008
10043-bedAED 4.6M · Nov 2025
10053-bedAED 3.7M · Jan 2025

1003, Rimal 2 in numbers

  • Sold 3 times: first on 6 January 2008 for AED 415,000, last on 21 September 2020 for AED 770,000 (AED 671 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 73,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 11.7%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
  • One-beds in Rimal 2 sold for AED 1,675,000–1,755,320 in the 12 months to November 2026; the building's median across all types is AED 1,636 per sqft.

Source: Dubai Land Department. Updated 21 September 2020.

Questions about 1003, Rimal 2

What did unit 1003 last sell for?

AED 770,000 on 21 September 2020: AED 671 per sqft for 1,146 sqft. The unit has 3 registered sales; the first was AED 415,000 in January 2008.

What is the rent for unit 1003?

AED 90,000 a year on the contract renewed on 13 August 2018. The previous contract, from August 2017, was AED 100,000; the unit has been rented since March 2013.

How big is unit 1003?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 10th floor of a 40-storey tower completed in 2007.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 2 sold for AED 1,675,000 to 1,755,320 in the last 12 months, around AED 1,482 per sqft.

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Mortgage on 1003, Rimal 2

Starts from the last sale price (AED 770K, 21 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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