2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 19th floor · completed 2007

1903, Rimal 1

Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.85M1 February 2023
Current rentAED 75K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Rimal 1

What is 1903 worth today?

Last sold for AED 1,850,000 in 2023

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1 Feb 2023SoldReady
AED 1,850,000AED 1,316 per sqft
1 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
1 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
1 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
22 Jul 2017RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
23 Feb 2017SoldReady
AED 1,850,000AED 1,316 per sqft
19 Dec 2016SoldReady
AED 1,600,000AED 1,138 per sqft
18 Nov 2016RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
19th of 47
Parking
G261
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.85M · February 2023
Building
Rimal 1

About 1903, Rimal 1

1903 is a two-bedroom apartment of 1,405 sqft on the 19th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 February 2023 for AED 1,850,000, or AED 1,316 per sqft, in line with the AED 1,334 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 75,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, 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, May 2008: AED 410,000 (AED 291 per sqft)Sold, April 2009: AED 1,300,000 (AED 924 per sqft)Sold, December 2016: AED 1,600,000 (AED 1,138 per sqft)Sold, February 2017: AED 1,850,000 (AED 1,316 per sqft)Sold, February 2023: AED 1,850,000 (AED 1,316 per sqft)

1903 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1903, 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, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 a yearNew contract, November 2016: AED 145,000 a yearNew contract, July 2017: AED 130,000 a yearNew contract, September 2018: AED 100,000 a yearNew contract, July 2020: AED 75,000 a yearRenewal, July 2021: AED 75,000 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 1903 sits

All 205 2-beds →

1903 last sold in February 2023 at AED 1,316 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 1,334). 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. 1903's AED 75,000 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 19th floor

All 310 units in Rimal 1
Value
19012-bedAED 1.6M · Nov 2012
19022-bedAED 1M · Jul 2019
19042-bedAED 599K · Nov 2010
19052-bedAED 1.9M · Feb 2017
19062-bedAED 2M · Nov 2013
19072-bedAED 2.75M · Sep 2014
19082-bedAED 1.3M · Feb 2019

1903, Rimal 1 in numbers

  • Sold 5 times: first on 11 May 2008 for AED 410,000, last on 1 February 2023 for AED 1,850,000 (AED 1,316 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, from AED 145,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 4.0%, 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 February 2023.

Questions about 1903, Rimal 1

What did unit 1903 last sell for?

AED 1,850,000 on 1 February 2023: AED 1,316 per sqft for 1,405 sqft. The unit has 5 registered sales; the first was AED 410,000 in May 2008.

What is the rent for unit 1903?

AED 75,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 75,000; the unit has been rented since November 2014.

How big is unit 1903?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 19th floor of a 47-storey tower completed in 2007.

What is unit 1903 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 1903, Rimal 1

Starts from the last sale price (AED 1.85M, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →