1502, Rimal 1
Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Rimal 1
What is 1502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 15th of 47
- Parking
- B761/ B762
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 699K · November 2012
- Building
- Rimal 1
About 1502, Rimal 1
1502 is a three-bedroom apartment of 1,919 sqft on the 15th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 6 November 2012 for AED 699,000, or AED 364 per sqft, 25% below the AED 487 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 1 August 2025, is AED 215,000 a year: a gross yield of 30.8% on the 2012 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 56 3-beds →1502 last sold in November 2012 at AED 364 per sqft, 25% below what three-beds in Rimal 1 were fetching at the time (AED 487). 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 135K /yr
- Typical yield
- 6.0%
Other units on the 15th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,919 sqft | AED 2.56MAED 2,555,000 · Feb 2024February 2024 | 150,000 /yr | |
| 1503 | 2-bed | 1,388 sqft | AED 820KAED 820,000 · Nov 2007November 2007 | ||
| 1504 | 2-bed | 1,388 sqft | AED 1.3MAED 1,300,000 · Aug 2009August 2009 | 130,000 /yr | |
| 1505 | 2-bed | 1,388 sqft | AED 2MAED 2,000,000 · Dec 2024December 2024 | 135,000 /yr | |
| 1506 | 2-bed | 1,388 sqft | AED 1.28MAED 1,283,000 · Sep 2020September 2020 | 60,000 /yr | |
| 1507 | 3-bed | 1,919 sqft | AED 2.01MAED 2,013,650 · Oct 2009October 2009 | 168,000 /yr | |
| 1508 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Nov 2007November 2007 | 175,000 /yr |
1502, Rimal 1 in numbers
- Sold once: by Dubai Properties on 6 November 2012 for AED 699,000, or AED 364 per sqft.
- Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 126,000 to AED 106,700 in 2022 and recovered to AED 215,000 by August 2025.
- At AED 215,000 a year the gross yield on the 2012 price is 30.8%, before a service charge of about AED 30,200 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 2025.
Questions about 1502, Rimal 1
What did unit 1502 last sell for?
AED 699,000 on 6 November 2012, sold by the developer: AED 364 per sqft for 1,919 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 215,000 a year on the contract signed on 1 August 2025. The previous contract, from January 2024, was AED 167,500; the unit has been rented since July 2012.
How big is unit 1502?
1,919 sqft (178.3 sqm): a three-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.
What is unit 1502 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 1502, Rimal 1
Starts from the last sale price (AED 699K, 6 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →