1603, Rimal 2
Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Rimal 2
What is 1603 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 16th of 40
- Parking
- M330-31
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.18M · April 2022
- Building
- Rimal 2
About 1603, Rimal 2
1603 is a one-bedroom apartment of 1,146 sqft on the 16th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 April 2022 for AED 1,175,000, or AED 1,024 per sqft.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 10 October 2025, is AED 120,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; 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 1603 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. 1603's AED 120,000 is at the top 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 16th floor
All 156 units in Rimal 21603, Rimal 2 in numbers
- Sold 3 times: first on 16 July 2008 for AED 415,000, last on 18 April 2022 for AED 1,175,000 (AED 1,024 per sqft).
- Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 120,000 by October 2025.
- At AED 120,000 a year the gross yield on the 2022 price is 10.2%, 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 October 2025.
Questions about 1603, Rimal 2
What did unit 1603 last sell for?
AED 1,175,000 on 18 April 2022: AED 1,024 per sqft for 1,146 sqft. The unit has 3 registered sales; the first was AED 415,000 in July 2008.
What is the rent for unit 1603?
AED 120,000 a year on the contract signed on 10 October 2025. The previous contract, from August 2024, was AED 109,412; the unit has been rented since March 2016.
How big is unit 1603?
1,146 sqft (106.5 sqm): a one-bedroom apartment on the 16th floor of a 40-storey tower completed in 2007.
What is unit 1603 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 1603, Rimal 2
Starts from the last sale price (AED 1.18M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →