1203, Rimal 2
Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Rimal 2
What is 1203 worth today?
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Source: Dubai Land Department. Updated 19 February 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 12th of 40
- Parking
- B075
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 730K · February 2018
- Building
- Rimal 2
About 1203, Rimal 2
1203 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 19 February 2018 for AED 730,000, or AED 636 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 7 May 2017, is AED 95,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1203 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. 1203's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,146 sqft | 1,755,320 | 1,531 | ||
| 10 Apr 202610 April 2026 | 1,146 sqft | 1,700,000 | 1,482 | ||
| 5 Jan 20265 January 2026 | 1,146 sqft | 1,675,000 | 1,461 | ||
| 29 Jul 202529 July 2025 | 1,146 sqft | 1,850,000 | 1,613 |
Rimal 2
Building156 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%
Other units on the 12th floor
All 156 units in Rimal 21203, Rimal 2 in numbers
- Sold twice: first on 16 October 2007 for AED 680,000, last on 19 February 2018 for AED 730,000 (AED 636 per sqft).
- Rented since April 2014 on 4 Ejari contracts, from AED 117,673 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2018 price is 13.0%, 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 19 February 2018.
Questions about 1203, Rimal 2
What did unit 1203 last sell for?
AED 730,000 on 19 February 2018: AED 636 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 680,000 in October 2007.
What is the rent for unit 1203?
AED 95,000 a year on the contract renewed on 7 May 2017. The previous contract, from May 2016, was AED 95,000; the unit has been rented since April 2014.
How big is unit 1203?
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 1203 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 1203, Rimal 2
Starts from the last sale price (AED 730K, 19 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →