2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 17th floor · completed 2007

1703, Rimal 1

Sold prices and rental history: sold 3 times, last in December 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 1.9M8 December 2015
Current rentAED 112K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Rimal 1

What is 1703 worth today?

Last sold for AED 1,900,000 in 2015

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2 May 2025RentedRenewal
AED 111,804/yr12 months · AED 80 per sqft
2 May 2025RentedRenewal
AED 111,804/yr12 months · AED 79 per sqft
2 May 2023RentedRenewal
AED 96,800/yr12 months · AED 69 per sqft
11 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
1 Oct 2017RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
1 Jun 2016RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
8 Dec 2015SoldReady
AED 1,900,000AED 1,351 per sqft
29 Sep 2014RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
17th of 47
Parking
G258
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.9M · December 2015
Building
Rimal 1

About 1703, Rimal 1

1703 is a two-bedroom apartment of 1,405 sqft on the 17th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 December 2015 for AED 1,900,000, or AED 1,351 per sqft, 6% below the AED 1,440 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 111,804 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical two-bed in Rimal 1
02M2007201220172022Typical 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, March 2008: AED 410,000 (AED 291 per sqft)Sold, July 2008: AED 2,800,000 (AED 1,992 per sqft)Sold, December 2015: AED 1,900,000 (AED 1,351 per sqft)

1703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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, September 2013: AED 140,000 a yearNew contract, September 2014: AED 140,000 a yearNew contract, June 2016: AED 130,000 a yearNew contract, October 2017: AED 115,000 a yearNew contract, December 2018: AED 95,000 a yearRenewal, May 2023: AED 96,800 a yearRenewal, May 2025: AED 111,804 a yearRenewal, May 2025: AED 111,804 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 1703 sits

All 205 2-beds →

1703 last sold in December 2015 at AED 1,351 per sqft, 6% below what two-beds in Rimal 1 were fetching at the time (AED 1,440). 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. 1703's AED 111,804 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 17th floor

All 310 units in Rimal 1
Value
17012-bedAED 2.1M · Aug 2009
17022-bedAED 1.65M · Oct 2007
17042-bedAED 2.4M · Jun 2008
17052-bedAED 1.5M · Jun 2021
17062-bedAED 830K · Dec 2008
17072-bedAED 1.95M · Apr 2024
17082-bedAED 1.56M · Oct 2008

1703, Rimal 1 in numbers

  • Sold 3 times: first on 25 March 2008 for AED 410,000, last on 8 December 2015 for AED 1,900,000 (AED 1,351 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2018 and recovered to AED 111,804 by May 2025.
  • At AED 111,804 a year the gross yield on the 2015 price is 5.9%, 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 2 May 2025.

Questions about 1703, Rimal 1

What did unit 1703 last sell for?

AED 1,900,000 on 8 December 2015: AED 1,351 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 410,000 in March 2008.

What is the rent for unit 1703?

AED 111,804 a year on the contract renewed on 2 May 2025. The previous contract, from May 2025, was AED 111,804; the unit has been rented since September 2013.

How big is unit 1703?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 17th floor of a 47-storey tower completed in 2007.

What is unit 1703 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 1703, Rimal 1

Starts from the last sale price (AED 1.9M, 8 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →