3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 2nd floor · completed 2007

202, Rimal 1

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 2.5M14 March 2023
Current rentAED 37K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Rimal 1

What is 202 worth today?

Last sold for AED 2,500,000 in 2023

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14 Mar 2023SoldReady
AED 2,500,000AED 1,302 per sqft
10 Nov 2021RentedNew contract · flagged as an outlier
AED 37,000/yr12 months · AED 19 per sqft
1 Nov 2021RentedRenewal · flagged as an outlier
AED 37,000/yr12 months · AED 19 per sqft
1 Nov 2020RentedRenewal · flagged as an outlier
AED 37,000/yr12 months · AED 19 per sqft
1 Nov 2019RentedRenewal
AED 60,000/yr12 months · AED 31 per sqft
1 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 31 per sqft
6 Dec 2010Sold by developerReady
AED 1,500,000AED 781 per sqft
6 Dec 2010SoldReady
AED 2,050,000AED 1,068 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2023.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
2nd of 47
Parking
B487/ B488
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.5M · March 2023
Building
Rimal 1

About 202, Rimal 1

202 is a three-bedroom apartment of 1,919 sqft on the 2nd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 March 2023 for AED 2,500,000, or AED 1,302 per sqft, in line with the AED 1,302 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 November 2021, is AED 37,000 a year: a gross yield of 1.5% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Rimal 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, December 2010: AED 1,500,000 (AED 781 per sqft)Sold, December 2010: AED 2,050,000 (AED 1,068 per sqft)Sold, March 2023: AED 2,500,000 (AED 1,302 per sqft)

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

Rents
Unit 202, each contractTypical three-bed in Rimal 1
100K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000New contract, November 2018: AED 60,000 a yearRenewal, November 2019: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 1, and where 202 sits

All 56 3-beds →

202 last sold in March 2023 at AED 1,302 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 1,302). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-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 2nd floor

All 310 units in Rimal 1
Value
2013-bedAED 2.5M · Sep 2023
2031-bedAED 600K · Dec 2023
2041-bedAED 449K · Mar 2008
2051-bedAED 829K · Jan 2019
2061-bedAED 1.86M · Dec 2008
2073-bedAED 2.2M · Jan 2008
2083-bedAED 2M · Jan 2016

202, Rimal 1 in numbers

  • Sold 3 times: first on 6 December 2010 for AED 2,050,000, last on 14 March 2023 for AED 2,500,000 (AED 1,302 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, from AED 60,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2023 price is 1.5%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 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 14 March 2023.

Questions about 202, Rimal 1

What did unit 202 last sell for?

AED 2,500,000 on 14 March 2023: AED 1,302 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 2,050,000 in December 2010.

What is the rent for unit 202?

AED 37,000 a year on the contract signed on 10 November 2021. The previous contract, from November 2021, was AED 37,000; the unit has been rented since November 2018.

How big is unit 202?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 2nd floor of a 47-storey tower completed in 2007.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 202, Rimal 1

Starts from the last sale price (AED 2.5M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →