1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 2nd floor · completed 2007

205, Rimal 1

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 829K2 January 2019
Current rentAED 89K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Rimal 1

What is 205 worth today?

Last sold for AED 828,765 in 2019

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14 Feb 2024RentedRenewal
AED 89,000/yr12 months · AED 80 per sqft
14 Feb 2023RentedRenewal
AED 77,000/yr12 months · AED 69 per sqft
14 Feb 2022RentedRenewal
AED 69,300/yr12 months · AED 63 per sqft
14 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 68 per sqft
14 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
2 Jan 2019SoldReady
AED 828,765AED 749 per sqft
10 Apr 2017RentedRenewal
AED 100,000/yr12 months · AED 90 per sqft
10 Apr 2016RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2024.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
2nd of 47
Parking
B663
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 829K · January 2019
Building
Rimal 1

About 205, Rimal 1

205 is a one-bedroom apartment of 1,105 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 2 January 2019 for AED 828,765, or AED 749 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 89,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 17,400 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 828,000; 2009 AED 1,000,000; 2010 AED 774,800; 2011 AED 1,240,000; 2013 AED 1,220,000; 2014 AED 1,330,000; 2019 AED 980,000; 2022 AED 1,107,500; 2023 AED 1,390,000; 2024 AED 2,345,552Sold by developer, February 2015: AED 1,479,000 (AED 1,338 per sqft)Sold, January 2019: AED 828,765 (AED 749 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Rimal 1
75K100K2012201620202024Typical rent by year: 2012 AED 76,150; 2013 AED 95,500; 2014 AED 93,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 65,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 94,750; 2025 AED 110,000New contract, April 2014: AED 93,000 a yearNew contract, April 2016: AED 100,000 a yearRenewal, April 2017: AED 100,000 a yearNew contract, February 2019: AED 75,000 a yearRenewal, February 2020: AED 75,000 a yearRenewal, February 2022: AED 69,300 a yearRenewal, February 2023: AED 77,000 a yearRenewal, February 2024: AED 89,000 a year

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 205 sits

All 37 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
9 May 20254,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
8 Oct 20244,000,000
0 1-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
2023-bedAED 2.5M · Mar 2023
2031-bedAED 600K · Dec 2023
2041-bedAED 449K · Mar 2008
2061-bedAED 1.86M · Dec 2008
2073-bedAED 2.2M · Jan 2008
2083-bedAED 2M · Jan 2016

205, Rimal 1 in numbers

  • Sold twice: first on 17 February 2015 for AED 1,479,000, last on 2 January 2019 for AED 828,765 (AED 749 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 93,000 to AED 69,300 in 2022 and recovered to AED 89,000 by February 2024.
  • At AED 89,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 17,400 a year (AED 15.73 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2024.

Questions about 205, Rimal 1

What did unit 205 last sell for?

AED 828,765 on 2 January 2019: AED 749 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 1,479,000 in February 2015.

What is the rent for unit 205?

AED 89,000 a year on the contract renewed on 14 February 2024. The previous contract, from February 2023, was AED 77,000; the unit has been rented since April 2014.

How big is unit 205?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 2nd floor of a 47-storey tower completed in 2007.

What is unit 205 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 205, Rimal 1

Starts from the last sale price (AED 829K, 2 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 828,765
Deposit, UAE resident (20%)
AED 165,753
Deposit, non-resident (40%)
AED 331,506
Monthly over 25 years at 3.7%
AED 3,391

Plus AED 39,819 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →