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

207, Rimal 1

Sold prices and rental history: sold twice, last in January 2008, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 10 November 2014
Last soldAED 2.2M31 January 2008
Current rentAED 160K /yr10 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Rimal 1

What is 207 worth today?

Last sold for AED 2,200,000 in 2008

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10 Nov 2014RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft
10 Nov 2013RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
15 Oct 2012RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
31 Jan 2008SoldReady
AED 2,200,000AED 1,146 per sqft
23 Jan 2008Sold by developerReady
AED 910,000AED 474 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2014.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
2nd of 47
Parking
M542/ M543
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.2M · January 2008
Building
Rimal 1

About 207, Rimal 1

207 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 31 January 2008 for AED 2,200,000, or AED 1,146 per sqft, 174% above the AED 419 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 10 November 2014, is AED 160,000 a year: a gross yield of 7.3% on the 2008 price, before the service charge of about AED 30,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, January 2008: AED 2,200,000 (AED 1,146 per sqft)Sold by developer, January 2008: AED 910,000 (AED 474 per sqft)

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

Rents
Unit 207, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical 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, October 2012: AED 150,000 a yearNew contract, November 2013: AED 150,000 a yearRenewal, November 2014: AED 160,000 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 207 sits

All 56 3-beds →

207 last sold in January 2008 at AED 1,146 per sqft, 174% above what three-beds in Rimal 1 were fetching at the time (AED 419). 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 135K /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
2051-bedAED 829K · Jan 2019
2061-bedAED 1.86M · Dec 2008
2083-bedAED 2M · Jan 2016

207, Rimal 1 in numbers

  • Sold twice: first on 23 January 2008 for AED 910,000, last on 31 January 2008 for AED 2,200,000 (AED 1,146 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 150,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2008 price is 7.3%, 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 10 November 2014.

Questions about 207, Rimal 1

What did unit 207 last sell for?

AED 2,200,000 on 31 January 2008: AED 1,146 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 910,000 in January 2008.

What is the rent for unit 207?

AED 160,000 a year on the contract renewed on 10 November 2014. The previous contract, from November 2013, was AED 150,000; the unit has been rented since October 2012.

How big is unit 207?

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 207 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 207, Rimal 1

Starts from the last sale price (AED 2.2M, 31 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →