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

1705, Rimal 1

Sold prices and rental history: sold twice, last in June 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 1.5M1 June 2021
Current rentAED 85K /yr18 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Rimal 1

What is 1705 worth today?

Last sold for AED 1,500,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2021SoldReady
AED 1,500,000AED 1,067 per sqft
18 Jun 2020RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
18 Jul 2018RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
18 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
7 Feb 2011Sold by developerReady
AED 1,871,160AED 1,331 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2021.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
17th of 47
Parking
G249
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.5M · June 2021
Building
Rimal 1

About 1705, Rimal 1

1705 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 1 June 2021 for AED 1,500,000, or AED 1,067 per sqft, 13% above the AED 942 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 18 June 2020, is AED 85,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, February 2011: AED 1,871,160 (AED 1,331 per sqft)Sold, June 2021: AED 1,500,000 (AED 1,067 per sqft)

1705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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 131,250New contract, July 2017: AED 115,000 a yearRenewal, July 2018: AED 115,000 a yearNew contract, June 2020: AED 85,000 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 1705 sits

All 205 2-beds →

1705 last sold in June 2021 at AED 1,067 per sqft, 13% above what two-beds in Rimal 1 were fetching at the time (AED 942). 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. 1705's AED 85,000 is at the bottom 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
17032-bedAED 1.9M · Dec 2015
17042-bedAED 2.4M · Jun 2008
17062-bedAED 830K · Dec 2008
17072-bedAED 1.95M · Apr 2024
17082-bedAED 1.56M · Oct 2008

1705, Rimal 1 in numbers

  • Sold twice: first on 7 February 2011 for AED 1,871,160, last on 1 June 2021 for AED 1,500,000 (AED 1,067 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.7%, 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 1 June 2021.

Questions about 1705, Rimal 1

What did unit 1705 last sell for?

AED 1,500,000 on 1 June 2021: AED 1,067 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,871,160 in February 2011.

What is the rent for unit 1705?

AED 85,000 a year on the contract signed on 18 June 2020. The previous contract, from July 2018, was AED 115,000; the unit has been rented since July 2017.

How big is unit 1705?

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 1705 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.

Selling 1705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1705, Rimal 1

Starts from the last sale price (AED 1.5M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →