1601, Rimal 1
Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Rimal 1
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,898 sqft
- Floor
- 16th of 47
- Parking
- M592/ M593
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 29,900 /yr
- Last sold
- AED 2M · October 2016
- Building
- Rimal 1
About 1601, Rimal 1
1601 is a two-bedroom apartment of 1,898 sqft on the 16th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 October 2016 for AED 2,000,000, or AED 1,053 per sqft, 8% below the AED 1,141 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 70,000 a year: a gross yield of 3.5% on the 2016 price, before the service charge of about AED 29,900 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; 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 1601 sits
All 205 2-beds →1601 last sold in October 2016 at AED 1,053 per sqft, 8% below what two-beds in Rimal 1 were fetching at the time (AED 1,141). 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. 1601's AED 70,000 is at the bottom 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 16th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,898 sqft | AED 3.5MAED 3,500,000 · Jun 2008June 2008 | 230,000 /yr | |
| 1603 | 2-bed | 1,405 sqft | AED 1.17MAED 1,173,000 · Nov 2008November 2008 | 95,634 /yr | |
| 1604 | 2-bed | 1,405 sqft | AED 1.46MAED 1,460,000 · Mar 2023March 2023 | 121,000 /yr | |
| 1605 | 2-bed | 1,405 sqft | AED 1.33MAED 1,325,000 · Oct 2007October 2007 | 152,500 /yr | |
| 1606 | 2-bed | 1,405 sqft | AED 820KAED 820,000 · Sep 2013September 2013 | 110,000 /yr | |
| 1607 | 2-bed | 1,898 sqft | AED 3.2MAED 3,200,000 · May 2008May 2008 | ||
| 1608 | 2-bed | 1,898 sqft | AED 1.44MAED 1,443,348 · Apr 2009April 2009 | 145,000 /yr |
1601, Rimal 1 in numbers
- Sold 3 times: first on 15 January 2008 for AED 940,000, last on 25 October 2016 for AED 2,000,000 (AED 1,053 per sqft).
- Rented since July 2016 on 5 Ejari contracts, from AED 80,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2016 price is 3.5%, before a service charge of about AED 29,900 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 1 October 2024.
Questions about 1601, Rimal 1
What did unit 1601 last sell for?
AED 2,000,000 on 25 October 2016: AED 1,053 per sqft for 1,898 sqft. The unit has 3 registered sales; the first was AED 940,000 in January 2008.
What is the rent for unit 1601?
AED 70,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2021, was AED 70,000; the unit has been rented since July 2016.
How big is unit 1601?
1,898 sqft (176.3 sqm): a two-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1601 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 1601, Rimal 1
Starts from the last sale price (AED 2M, 25 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →