2003, Rimal 1
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Rimal 1
What is 2003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 20th of 47
- Parking
- G263
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 599K · March 2009
- Building
- Rimal 1
About 2003, Rimal 1
2003 is a two-bedroom apartment of 1,405 sqft on the 20th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 March 2009 for AED 599,000, or AED 426 per sqft, 36% below the AED 664 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 15 January 2025, is AED 125,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 22,100 a year.
Sales and rents for 2003 over time
2003 has sold once; 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 2003 sits
All 205 2-beds →2003 last sold in March 2009 at AED 426 per sqft, 36% below what two-beds in Rimal 1 were fetching at the time (AED 664). 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. 2003's AED 125,000 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 20th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,294 sqft | AED 2.63MAED 2,625,000 · May 2008May 2008 | 110,250 /yr | |
| 2002 | 2-bed | 1,294 sqft | AED 820KAED 820,000 · Mar 2009March 2009 | 120,063 /yr | |
| 2004 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Nov 2012November 2012 | 140,000 /yr | |
| 2005 | 2-bed | 1,405 sqft | AED 1.9MAED 1,900,000 · Dec 2023December 2023 | 102,414 /yr | |
| 2006 | 2-bed | 1,405 sqft | AED 1.2MAED 1,200,000 · Aug 2020August 2020 | 125,000 /yr | |
| 2007 | 2-bed | 1,294 sqft | AED 599KAED 599,000 · Feb 2008February 2008 | 109,000 /yr | |
| 2008 | 2-bed | 1,294 sqft | AED 830KAED 830,000 · Nov 2008November 2008 | 130,000 /yr |
2003, Rimal 1 in numbers
- Sold once: by Dubai Properties on 17 March 2009 for AED 599,000, or AED 426 per sqft.
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2022 and recovered to AED 125,000 by January 2025.
- At AED 125,000 a year the gross yield on the 2009 price is 20.9%, 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 15 January 2025.
Questions about 2003, Rimal 1
What did unit 2003 last sell for?
AED 599,000 on 17 March 2009, sold by the developer: AED 426 per sqft for 1,405 sqft. It is the only registered sale of the unit.
What is the rent for unit 2003?
AED 125,000 a year on the contract signed on 15 January 2025. The previous contract, from December 2024, was AED 130,000; the unit has been rented since September 2012.
How big is unit 2003?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 20th floor of a 47-storey tower completed in 2007.
What is unit 2003 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 2003, Rimal 1
Starts from the last sale price (AED 599K, 17 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →