203, Rimal 1
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Rimal 1
What is 203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 553 sqft
- Floor
- 2nd of 47
- Parking
- B667
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 8,700 /yr
- Last sold
- AED 600K · December 2023
- Building
- Rimal 1
About 203, Rimal 1
203 is a one-bedroom apartment of 553 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 11 December 2023 for AED 600,000, or AED 1,085 per sqft, 9% below the AED 1,194 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 October 2024, is AED 90,000 a year: a gross yield of 15.0% on the 2023 price, before the service charge of about AED 8,700 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 1, and where 203 sits
All 37 1-beds →203 last sold in December 2023 at AED 1,085 per sqft, 9% below what one-beds in Rimal 1 were fetching at the time (AED 1,194).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 |
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 2nd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,919 sqft | AED 2.5MAED 2,500,000 · Sep 2023September 2023 | 73,663 /yr | |
| 202 | 3-bed | 1,919 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 37,000 /yr | |
| 204 | 1-bed | 1,105 sqft | AED 449KAED 449,000 · Mar 2008March 2008 | 115,000 /yr | |
| 205 | 1-bed | 1,105 sqft | AED 829KAED 828,765 · Jan 2019January 2019 | 89,000 /yr | |
| 206 | 1-bed | 1,105 sqft | AED 1.86MAED 1,864,000 · Dec 2008December 2008 | 89,145 /yr | |
| 207 | 3-bed | 1,919 sqft | AED 2.2MAED 2,200,000 · Jan 2008January 2008 | 160,000 /yr | |
| 208 | 3-bed | 1,919 sqft | AED 2MAED 2,000,000 · Jan 2016January 2016 |
203, Rimal 1 in numbers
- Sold twice: first on 20 November 2013 for AED 1,155,000, last on 11 December 2023 for AED 600,000 (AED 1,085 per sqft).
- Rented since December 2013 on 7 Ejari contracts, from AED 105,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 15.0%, before a service charge of about AED 8,700 a year (AED 15.73 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2024.
Questions about 203, Rimal 1
What did unit 203 last sell for?
AED 600,000 on 11 December 2023: AED 1,085 per sqft for 553 sqft. The unit has 2 registered sales; the first was AED 1,155,000 in November 2013.
What is the rent for unit 203?
AED 90,000 a year on the contract signed on 2 October 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since December 2013.
How big is unit 203?
553 sqft (51.4 sqm): a one-bedroom apartment on the 2nd floor of a 47-storey tower completed in 2007.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 203, Rimal 1
Starts from the last sale price (AED 600K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →