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2-bed · 1,898 sqftRimal 1, Jumeirah Beach Residence · 16th floor · completed 2007

1607, Rimal 1

Sold prices and rental history: sold twice, last in May 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 29 May 2008
Last soldAED 3.2M29 May 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Rimal 1

What is 1607 worth today?

Last sold for AED 3,200,000 in 2008

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29 May 2008SoldReady
AED 3,200,000AED 1,685 per sqft
7 Nov 2007Sold by developerReady
AED 940,000AED 495 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 May 2008.

Key facts

Type
2-bed apartment
Size
1,898 sqft
Floor
16th of 47
Parking
M538/ M539
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,900 /yr
Last sold
AED 3.2M · May 2008
Building
Rimal 1

About 1607, Rimal 1

1607 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 29 May 2008 for AED 3,200,000, or AED 1,685 per sqft, 166% above the AED 633 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical two-bed in Rimal 1
2M2007201220172022Typical 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, November 2007: AED 940,000 (AED 495 per sqft)Sold, May 2008: AED 3,200,000 (AED 1,685 per sqft)

1607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical 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 131,250

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 1607 sits

All 205 2-beds →

1607 last sold in May 2008 at AED 1,685 per sqft, 166% 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.

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 132K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 16th floor

All 310 units in Rimal 1
Value
16012-bedAED 2M · Oct 2016
16022-bedAED 3.5M · Jun 2008
16032-bedAED 1.17M · Nov 2008
16042-bedAED 1.46M · Mar 2023
16052-bedAED 1.33M · Oct 2007
16062-bedAED 820K · Sep 2013
16082-bedAED 1.44M · Apr 2009

1607, Rimal 1 in numbers

  • Sold twice: first on 7 November 2007 for AED 940,000, last on 29 May 2008 for AED 3,200,000 (AED 1,685 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 29 May 2008.

Questions about 1607, Rimal 1

What did unit 1607 last sell for?

AED 3,200,000 on 29 May 2008: AED 1,685 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 940,000 in November 2007.

How big is unit 1607?

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 1607 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 1607, Rimal 1

Starts from the last sale price (AED 3.2M, 29 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →