1002, Rimal 1
Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Rimal 1
What is 1002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 960 sqft
- Floor
- 10th of 47
- Parking
- M566/ M700
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.64M · November 2009
- Building
- Rimal 1
About 1002, Rimal 1
1002 is a three-bedroom apartment of 960 sqft on the 10th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 November 2009 for AED 1,640,000, or AED 854 per sqft, 23% above the AED 692 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 130,821 a year: a gross yield of 8.0% on the 2009 price, before the service charge of about AED 15,100 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rimal 1, and where 1002 sits
All 56 3-beds →1002 last sold in November 2009 at AED 854 per sqft, 23% above what three-beds in Rimal 1 were fetching at the time (AED 692). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 1,919 sqft | 2,619,378 | 1,364 | ||
| 28 Jul 202528 July 2025 | 1,919 sqft | 2,627,552 | 1,369 | ||
| 20 Feb 202520 February 2025 | 1,919 sqft | 2,500,000 | 1,302 | ||
| 20 Jan 202520 January 2025 | 1,919 sqft | 2,600,000 | 1,354 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,545
- Typical sale
- AED 2.43M
- Typical rent
- AED 132K /yr
- Typical yield
- 6.0%
Other units on the 10th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,919 sqft | AED 2.6MAED 2,600,000 · Oct 2024October 2024 | 149,000 /yr | |
| 1003 | 2-bed | 1,388 sqft | AED 820KAED 820,000 · Jul 2013July 2013 | 125,000 /yr | |
| 1004 | 2-bed | 1,388 sqft | AED 1.8MAED 1,800,000 · Jan 2017January 2017 | 145,000 /yr | |
| 1005 | 2-bed | 1,388 sqft | AED 1MAED 1,000,000 · Aug 2013August 2013 | 135,000 /yr | |
| 1006 | 2-bed | 1,388 sqft | AED 1.78MAED 1,775,000 · Apr 2023April 2023 | 93,742 /yr | |
| 1007 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Aug 2012August 2012 | ||
| 1008 | 3-bed | 1,919 sqft | AED 875KAED 875,000 · May 2008May 2008 | 143,000 /yr |
1002, Rimal 1 in numbers
- Sold twice: first on 29 December 2008 for AED 875,000, last on 19 November 2009 for AED 1,640,000 (AED 854 per sqft).
- Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 131,250 to AED 90,000 in 2021 and recovered to AED 130,821 by August 2024.
- At AED 130,821 a year the gross yield on the 2009 price is 8.0%, before a service charge of about AED 15,100 a year (AED 15.73 per sqft).
- Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Questions about 1002, Rimal 1
What did unit 1002 last sell for?
AED 1,640,000 on 19 November 2009: AED 854 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 875,000 in December 2008.
What is the rent for unit 1002?
AED 130,821 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 113,850; the unit has been rented since February 2013.
How big is unit 1002?
960 sqft (89.2 sqm): a three-bedroom apartment on the 10th floor of a 47-storey tower completed in 2007.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.
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Mortgage on 1002, Rimal 1
Starts from the last sale price (AED 1.64M, 19 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,000
- Deposit, UAE resident (20%)
- AED 328,000
- Deposit, non-resident (40%)
- AED 656,000
- Monthly over 25 years at 3.7%
- AED 6,710
Plus AED 73,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →