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1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 12th floor · completed 2007

1201, Rimal 2

Sold prices and rental history: sold twice, last in August 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 11 August 2010
Last soldAED 1.28M11 August 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Rimal 2

What is 1201 worth today?

Last sold for AED 1,275,000 in 2010

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11 Aug 2010SoldReady
AED 1,275,000AED 1,112 per sqft
20 Nov 2007Sold by developerReady
AED 415,000AED 361 per sqft

Source: Dubai Land Department. Updated 11 August 2010.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
12th of 40
Parking
M606
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 1.28M · August 2010
Building
Rimal 2

About 1201, Rimal 2

1201 is a one-bedroom apartment of 1,146 sqft on the 12th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 August 2010 for AED 1,275,000, or AED 1,112 per sqft, 80% above the AED 617 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, November 2007: AED 415,000 (AED 361 per sqft)Sold, August 2010: AED 1,275,000 (AED 1,112 per sqft)

1201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, 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 93,000

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 1201 sits

All 30 1-beds →

1201 last sold in August 2010 at AED 1,112 per sqft, 80% above what one-beds in Rimal 2 were fetching at the time (AED 617). 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.

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 12th floor

All 156 units in Rimal 2
Value
1202StudioAED 1.23M · Nov 2024
12031-bedAED 730K · Feb 2018
12043-bedAED 699K · Dec 2007
12053-bedAED 3.6M · Sep 2024

1201, Rimal 2 in numbers

  • Sold twice: first on 20 November 2007 for AED 415,000, last on 11 August 2010 for AED 1,275,000 (AED 1,112 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 11 August 2010.

Questions about 1201, Rimal 2

What did unit 1201 last sell for?

AED 1,275,000 on 11 August 2010: AED 1,112 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 415,000 in November 2007.

How big is unit 1201?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 12th floor of a 40-storey tower completed in 2007.

What is unit 1201 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 1201, Rimal 2

Starts from the last sale price (AED 1.28M, 11 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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