2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 15th floor · completed 2007

1504, Rimal 1

Sold prices and rental history: sold 4 times, last in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 12 October 2025
Last soldAED 1.3M18 August 2009
Current rentAED 130K /yr12 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Rimal 1

What is 1504 worth today?

Last sold for AED 1,300,000 in 2009

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12 Oct 2025RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
15 Apr 2025RentedRenewal
AED 135,000/yr12 months · AED 97 per sqft
15 Apr 2024RentedRenewal
AED 135,000/yr12 months · AED 97 per sqft
14 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
20 Nov 2021RentedRenewal
AED 80,500/yr12 months · AED 58 per sqft
20 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
7 Oct 2019RentedRenewal
AED 106,000/yr12 months · AED 76 per sqft
7 Oct 2018RentedRenewal
AED 106,000/yr12 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2025.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
15th of 47
Parking
B744
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.3M · August 2009
Building
Rimal 1

About 1504, Rimal 1

1504 is a two-bedroom apartment of 1,388 sqft on the 15th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 August 2009 for AED 1,300,000, or AED 936 per sqft, 48% above the AED 634 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 12 October 2025, is AED 130,000 a year: a gross yield of 10.0% on the 2009 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, September 2007: AED 860,000 (AED 619 per sqft)Sold, November 2007: AED 1,500,000 (AED 1,080 per sqft)Sold, April 2008: AED 1,600,000 (AED 1,152 per sqft)Sold, August 2009: AED 1,300,000 (AED 936 per sqft)

1504 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical 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 2013: AED 110,000 a yearNew contract, January 2015: AED 140,000 a yearNew contract, January 2016: AED 135,000 a yearNew contract, January 2017: AED 135,000 a yearNew contract, October 2017: AED 115,000 a yearRenewal, October 2018: AED 106,000 a yearRenewal, October 2019: AED 106,000 a yearNew contract, November 2020: AED 70,000 a yearRenewal, November 2021: AED 80,500 a yearNew contract, August 2022: AED 120,000 a yearRenewal, April 2024: AED 135,000 a yearRenewal, April 2025: AED 135,000 a yearNew contract, October 2025: AED 130,000 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 1504 sits

All 205 2-beds →

1504 last sold in August 2009 at AED 936 per sqft, 48% above what two-beds in Rimal 1 were fetching at the time (AED 634). 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. 1504's AED 130,000 is in the lower half 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 15th floor

All 310 units in Rimal 1
Value
15013-bedAED 2.56M · Feb 2024
15023-bedAED 699K · Nov 2012
15032-bedAED 820K · Nov 2007
15052-bedAED 2M · Dec 2024
15062-bedAED 1.28M · Sep 2020
15073-bedAED 2.01M · Oct 2009
15083-bedAED 699K · Nov 2007

1504, Rimal 1 in numbers

  • Sold 4 times: first on 24 September 2007 for AED 860,000, last on 18 August 2009 for AED 1,300,000 (AED 936 per sqft).
  • Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2020 and recovered to AED 130,000 by October 2025.
  • At AED 130,000 a year the gross yield on the 2009 price is 10.0%, 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 12 October 2025.

Questions about 1504, Rimal 1

What did unit 1504 last sell for?

AED 1,300,000 on 18 August 2009: AED 936 per sqft for 1,388 sqft. The unit has 4 registered sales; the first was AED 860,000 in September 2007.

What is the rent for unit 1504?

AED 130,000 a year on the contract signed on 12 October 2025. The previous contract, from April 2025, was AED 135,000; the unit has been rented since July 2013.

How big is unit 1504?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.

What is unit 1504 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 1504, Rimal 1

Starts from the last sale price (AED 1.3M, 18 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →