1404, Rimal 1
Sold prices and rental history: sold twice, last in June 2008, 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 1404, Rimal 1
What is 1404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,388 sqft
- Floor
- 14th of 47
- Parking
- 0
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,800 /yr
- Last sold
- AED 2.5M · June 2008
- Building
- Rimal 1
About 1404, Rimal 1
1404 is a two-bedroom apartment of 1,388 sqft on the 14th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 June 2008 for AED 2,500,000, or AED 1,801 per sqft, 185% above the AED 633 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 125,000 a year: a gross yield of 5.0% on the 2008 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1404 over time
1404 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1404 sits
All 205 2-beds →1404 last sold in June 2008 at AED 1,801 per sqft, 185% above what two-beds in Rimal 1 were fetching at the time (AED 633). 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. 1404's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,388 sqft | 2,200,000 | 1,584 | ||
| 29 Jul 202529 July 2025 | 1,405 sqft | 700,000 | 498 | ||
| 16 Jul 202516 July 2025 | 1,405 sqft | 1,916,850 | 1,363 | ||
| 30 Jun 202530 June 2025 | 1,388 sqft | 2,000,000 | 1,440 |
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 135K /yr
- Typical yield
- 6.0%
Other units on the 14th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Jan 2009January 2009 | 153,000 /yr | |
| 1402 | 3-bed | 1,919 sqft | AED 2.7MAED 2,700,000 · Feb 2023February 2023 | 50,000 /yr | |
| 1403 | 1,388 sqft | AED 2.33MAED 2,330,000 · Aug 2025August 2025 | 115,000 /yr | ||
| 1405 | 2-bed | 1,388 sqft | AED 2MAED 2,000,000 · Jun 2025June 2025 | 91,300 /yr | |
| 1406 | 2-bed | 1,355 sqft | AED 2MAED 2,000,000 · Apr 2015April 2015 | ||
| 1407 | 3-bed | 1,919 sqft | AED 2.73MAED 2,730,000 · Apr 2024April 2024 | 200,000 /yr | |
| 1408 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Oct 2017October 2017 | 102,500 /yr |
1404, Rimal 1 in numbers
- Sold twice: first on 18 March 2008 for AED 599,000, last on 29 June 2008 for AED 2,500,000 (AED 1,801 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 125,000 by January 2024.
- At AED 125,000 a year the gross yield on the 2008 price is 5.0%, 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 5 January 2024.
Questions about 1404, Rimal 1
What did unit 1404 last sell for?
AED 2,500,000 on 29 June 2008: AED 1,801 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 599,000 in March 2008.
What is the rent for unit 1404?
AED 125,000 a year on the contract renewed on 5 January 2024. The previous contract, from January 2023, was AED 100,000; the unit has been rented since September 2013.
How big is unit 1404?
1,388 sqft (128.9 sqm): a two-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.
What is unit 1404 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 1404, Rimal 1
Starts from the last sale price (AED 2.5M, 29 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →