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3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 12th floor · completed 2007

1207, Rimal 1

Sold prices and rental history: sold 3 times, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 15 October 2012
Last soldAED 2.2M15 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Rimal 1

What is 1207 worth today?

Last sold for AED 2,200,000 in 2012

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15 Oct 2012SoldReady
AED 2,200,000AED 1,146 per sqft
1 Nov 2009SoldReady
AED 2,000,000AED 1,042 per sqft
1 Oct 2007Sold by developerReady
AED 699,000AED 364 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2012.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
12th of 47
Parking
M551/ M552
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.2M · October 2012
Building
Rimal 1

About 1207, Rimal 1

1207 is a three-bedroom apartment of 1,919 sqft on the 12th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 October 2012 for AED 2,200,000, or AED 1,146 per sqft, 120% above the AED 521 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical three-bed in Rimal 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, October 2007: AED 699,000 (AED 364 per sqft)Sold, November 2009: AED 2,000,000 (AED 1,042 per sqft)Sold, October 2012: AED 2,200,000 (AED 1,146 per sqft)

1207 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1207, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000

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 1207 sits

All 56 3-beds →

1207 last sold in October 2012 at AED 1,146 per sqft, 120% above what three-beds in Rimal 1 were fetching at the time (AED 521). 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 salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-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 12th floor

All 310 units in Rimal 1
Value
12013-bedAED 2.6M · Jan 2025
12023-bedAED 1.56M · Oct 2020
12032-bedAED 1.55M · Nov 2007
12042-bedAED 2.05M · May 2008
12052-bedAED 2.4M · Apr 2024
12062-bedAED 2.15M · Aug 2024

1207, Rimal 1 in numbers

  • Sold 3 times: first on 1 October 2007 for AED 699,000, last on 15 October 2012 for AED 2,200,000 (AED 1,146 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 15 October 2012.

Questions about 1207, Rimal 1

What did unit 1207 last sell for?

AED 2,200,000 on 15 October 2012: AED 1,146 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 699,000 in October 2007.

How big is unit 1207?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 12th floor of a 47-storey tower completed in 2007.

What is unit 1207 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 1207, Rimal 1

Starts from the last sale price (AED 2.2M, 15 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →