1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 11th floor · completed 2007

1101, Rimal 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.49M4 May 2023
Current rentAED 69K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Rimal 2

What is 1101 worth today?

Last sold for AED 1,485,000 in 2023

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10 Sep 2024RentedRenewal
AED 69,300/yr12 months · AED 60 per sqft
10 Sep 2023RentedRenewal
AED 69,300/yr12 months · AED 60 per sqft
4 May 2023SoldReady
AED 1,485,000AED 1,295 per sqft
10 Sep 2022RentedRenewal
AED 69,300/yr12 months · AED 60 per sqft
10 Sep 2021RentedRenewal
AED 63,000/yr12 months · AED 55 per sqft
10 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 57 per sqft
10 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
17 Nov 2018RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
11th of 40
Parking
M644
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 1.49M · May 2023
Building
Rimal 2

About 1101, Rimal 2

1101 is a one-bedroom apartment of 1,146 sqft on the 11th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 May 2023 for AED 1,485,000, or AED 1,295 per sqft.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 69,300 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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 by developer, February 2011: AED 1,000,000 (AED 872 per sqft)Sold, February 2011: AED 415,000 (AED 361 per sqft)Sold, May 2023: AED 1,485,000 (AED 1,295 per sqft)

1101 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, 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, November 2016: AED 107,000 a yearRenewal, November 2017: AED 92,000 a yearRenewal, November 2018: AED 85,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 65,000 a yearRenewal, September 2021: AED 63,000 a yearRenewal, September 2022: AED 69,300 a yearRenewal, September 2023: AED 69,300 a yearRenewal, September 2024: AED 69,300 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 1101 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. 1101's AED 69,300 is at the bottom 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 11th floor

All 156 units in Rimal 2
Value
1102StudioAED 1.15M · Feb 2014
11031-bedAED 1.4M · Sep 2013
11043-bedAED 3.3M · Jul 2023
11053-bedAED 3.7M · Oct 2024

1101, Rimal 2 in numbers

  • Sold 3 times: first on 14 February 2011 for AED 415,000, last on 4 May 2023 for AED 1,485,000 (AED 1,295 per sqft).
  • Rented since November 2016 on 9 Ejari contracts, from AED 107,000 to AED 69,300 a year.
  • At AED 69,300 a year the gross yield on the 2023 price is 4.7%, 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 10 September 2024.

Questions about 1101, Rimal 2

What did unit 1101 last sell for?

AED 1,485,000 on 4 May 2023: AED 1,295 per sqft for 1,146 sqft. The unit has 3 registered sales; the first was AED 415,000 in February 2011.

What is the rent for unit 1101?

AED 69,300 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 69,300; the unit has been rented since November 2016.

How big is unit 1101?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 11th floor of a 40-storey tower completed in 2007.

What is unit 1101 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 1101, Rimal 2

Starts from the last sale price (AED 1.49M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,485,000
Deposit, UAE resident (20%)
AED 297,000
Deposit, non-resident (40%)
AED 594,000
Monthly over 25 years at 3.7%
AED 6,076

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