1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 1st floor · completed 2007

104, Rimal 1

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 13 December 2022
Last soldAED 1.35M13 December 2022
Current rentAED 70K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Rimal 1

What is 104 worth today?

Last sold for AED 1,350,000 in 2022

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13 Dec 2022SoldReady
AED 1,350,000AED 1,221 per sqft
20 Jan 2020RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
20 Jan 2019RentedNew contract
AED 74,000/yr12 months · AED 67 per sqft
14 Dec 2017RentedRenewal
AED 92,190/yr12 months · AED 83 per sqft
14 Dec 2016RentedNew contract
AED 92,190/yr12 months · AED 83 per sqft
28 Oct 2014Sold by developerReady
AED 1,194,000AED 1,080 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2022.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
1st of 47
Parking
G246
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 1.35M · December 2022
Building
Rimal 1

About 104, Rimal 1

104 is a one-bedroom apartment of 1,105 sqft on the 1st floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 December 2022 for AED 1,350,000, or AED 1,221 per sqft, 23% above the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 20 January 2020, is AED 70,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 17,400 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 828,000; 2009 AED 1,000,000; 2010 AED 774,800; 2011 AED 1,240,000; 2013 AED 1,220,000; 2014 AED 1,330,000; 2019 AED 980,000; 2022 AED 1,107,500; 2023 AED 1,390,000; 2024 AED 2,345,552Sold by developer, October 2014: AED 1,194,000 (AED 1,080 per sqft)Sold, December 2022: AED 1,350,000 (AED 1,221 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in Rimal 1
75K100K2012201620202024Typical rent by year: 2012 AED 76,150; 2013 AED 95,500; 2014 AED 93,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 65,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 94,750; 2025 AED 110,000New contract, December 2016: AED 92,190 a yearRenewal, December 2017: AED 92,190 a yearNew contract, January 2019: AED 74,000 a yearRenewal, January 2020: AED 70,000 a year

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

1-beds in Rimal 1, and where 104 sits

All 37 1-beds →

104 last sold in December 2022 at AED 1,221 per sqft, 23% above what one-beds in Rimal 1 were fetching at the time (AED 995).

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 20254,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
8 Oct 20244,000,000
0 1-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 1st floor

All 310 units in Rimal 1
Value
1013-bedAED 2.08M · Oct 2017
1023-bedAED 2.06M · Dec 2009
1031-bedAED 1.18M · Sep 2013
1051-bedAED 1.1M · Dec 2021
1061-bedAED 1.37M · Feb 2014
1073-bedAED 1.2M · Oct 2021
1083-bedAED 2.62M · Dec 2008

104, Rimal 1 in numbers

  • Sold twice: first on 28 October 2014 for AED 1,194,000, last on 13 December 2022 for AED 1,350,000 (AED 1,221 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 92,190 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 17,400 a year (AED 15.73 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2022.

Questions about 104, Rimal 1

What did unit 104 last sell for?

AED 1,350,000 on 13 December 2022: AED 1,221 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 1,194,000 in October 2014.

What is the rent for unit 104?

AED 70,000 a year on the contract renewed on 20 January 2020. The previous contract, from January 2019, was AED 74,000; the unit has been rented since December 2016.

How big is unit 104?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 1st floor of a 47-storey tower completed in 2007.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 104, Rimal 1

Starts from the last sale price (AED 1.35M, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →