2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 10th floor · completed 2007

1006, Rimal 1

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

Unit 1006 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 1.78M14 April 2023
Current rentAED 94K /yr21 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Rimal 1

What is 1006 worth today?

Last sold for AED 1,775,000 in 2023

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21 Aug 2023RentedNew contract
AED 93,742/yr8 months · AED 68 per sqft
14 Apr 2023SoldReady
AED 1,775,000AED 1,278 per sqft
21 Aug 2022RentedRenewal
AED 93,500/yr12 months · AED 67 per sqft
21 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
24 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
10 Jan 2020RentedRenewal
AED 108,000/yr3 months · AED 78 per sqft
10 Oct 2019RentedRenewal
AED 108,000/yr3 months · AED 78 per sqft
10 Jul 2019RentedRenewal
AED 108,000/yr3 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2023.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
10th of 47
Parking
B692
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.78M · April 2023
Building
Rimal 1

About 1006, Rimal 1

1006 is a two-bedroom apartment of 1,388 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 14 April 2023 for AED 1,775,000, or AED 1,278 per sqft, in line with the AED 1,314 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 21 August 2023, is AED 93,742 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, October 2007: AED 820,000 (AED 590 per sqft)Sold, November 2007: AED 1,200,000 (AED 864 per sqft)Sold, April 2023: AED 1,775,000 (AED 1,278 per sqft)

1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Rimal 1
100K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, July 2016: AED 130,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, April 2019: AED 120,000 a yearRenewal, July 2019: AED 108,000 a yearRenewal, October 2019: AED 108,000 a yearRenewal, January 2020: AED 108,000 a yearNew contract, July 2020: AED 70,000 a yearNew contract, August 2021: AED 85,000 a yearRenewal, August 2022: AED 93,500 a yearNew contract, August 2023: AED 93,742 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 1, and where 1006 sits

All 205 2-beds →

1006 last sold in April 2023 at AED 1,278 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 1,314). Over the last 12 months two-beds sold for AED 2,200,000 to 2,250,000, around AED 1,582 per sqft, and rent for AED 105,000 to 220,000 a year. 1006's AED 93,742 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-bed sales in the last 12 months

Rimal 1

Building

310 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 135K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 310 units in Rimal 1
Value
10013-bedAED 2.6M · Oct 2024
10023-bedAED 1.64M · Nov 2009
10032-bedAED 820K · Jul 2013
10042-bedAED 1.8M · Jan 2017
10052-bedAED 1M · Aug 2013
10073-bedAED 699K · Aug 2012
10083-bedAED 875K · May 2008

1006, Rimal 1 in numbers

  • Sold 3 times: first on 29 October 2007 for AED 820,000, last on 14 April 2023 for AED 1,775,000 (AED 1,278 per sqft).
  • Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2020 and recovered to AED 93,742 by August 2023.
  • At AED 93,742 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 21,800 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 2,200,000–2,250,000 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 21 August 2023.

Questions about 1006, Rimal 1

What did unit 1006 last sell for?

AED 1,775,000 on 14 April 2023: AED 1,278 per sqft for 1,388 sqft. The unit has 3 registered sales; the first was AED 820,000 in October 2007.

What is the rent for unit 1006?

AED 93,742 a year on the contract signed on 21 August 2023. The previous contract, from August 2022, was AED 93,500; the unit has been rented since July 2016.

How big is unit 1006?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 10th floor of a 47-storey tower completed in 2007.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 2,200,000 to 2,250,000 in the last 12 months, around AED 1,582 per sqft.

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Mortgage on 1006, Rimal 1

Starts from the last sale price (AED 1.78M, 14 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →