1605, Rimal 1
Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Rimal 1
What is 1605 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 16th of 47
- Parking
- G247
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 1.33M · October 2007
- Building
- Rimal 1
About 1605, Rimal 1
1605 is a two-bedroom apartment of 1,405 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 18 October 2007 for AED 1,325,000, or AED 942 per sqft, 62% above the AED 581 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 6 September 2024, is AED 152,500 a year: a gross yield of 11.5% on the 2007 price, before the service charge of about AED 22,100 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 205 2-beds →1605 last sold in October 2007 at AED 942 per sqft, 62% above what two-beds in Rimal 1 were fetching at the time (AED 581). 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. 1605's AED 152,500 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 16th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,898 sqft | AED 2MAED 2,000,000 · Oct 2016October 2016 | 70,000 /yr | |
| 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 | |
| 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 |
1605, Rimal 1 in numbers
- Sold twice: first on 23 September 2007 for AED 820,000, last on 18 October 2007 for AED 1,325,000 (AED 942 per sqft).
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 68,000 in 2020 and recovered to AED 152,500 by September 2024.
- At AED 152,500 a year the gross yield on the 2007 price is 11.5%, before a service charge of about AED 22,100 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 6 September 2024.
Questions about 1605, Rimal 1
What did unit 1605 last sell for?
AED 1,325,000 on 18 October 2007: AED 942 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 820,000 in September 2007.
What is the rent for unit 1605?
AED 152,500 a year on the contract signed on 6 September 2024. The previous contract, from January 2023, was AED 142,000; the unit has been rented since January 2014.
How big is unit 1605?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1605 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 1605, Rimal 1
Starts from the last sale price (AED 1.33M, 18 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →