2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 27th floor · completed 2007

2705, Rimal 1

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.22M20 March 2011
Current rentAED 103K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Rimal 1

What is 2705 worth today?

Last sold for AED 1,220,000 in 2011

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15 Aug 2024RentedRenewal
AED 102,850/yr12 months · AED 73 per sqft
15 Aug 2023RentedRenewal
AED 93,500/yr12 months · AED 66 per sqft
15 Aug 2022RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
1 Aug 2020RentedRenewal
AED 74,000/yr12 months · AED 52 per sqft
1 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
27 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
27 Jun 2017RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
27 Jun 2016RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
27th of 47
Parking
B696
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.22M · March 2011
Building
Rimal 1

About 2705, Rimal 1

2705 is a two-bedroom apartment of 1,405 sqft on the 27th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 March 2011 for AED 1,220,000, or AED 868 per sqft, 7% below the AED 929 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 102,850 a year: a gross yield of 8.4% on the 2011 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, February 2011: AED 1,288,000 (AED 916 per sqft)Sold, March 2011: AED 1,220,000 (AED 868 per sqft)

2705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, each contractTypical two-bed in Rimal 1
100K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, June 2013: AED 90,000 a yearNew contract, June 2014: AED 95,000 a yearRenewal, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearRenewal, June 2018: AED 110,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, August 2020: AED 74,000 a yearRenewal, August 2022: AED 85,000 a yearRenewal, August 2023: AED 93,500 a yearRenewal, August 2024: AED 102,850 a year

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 2705 sits

All 205 2-beds →

2705 last sold in March 2011 at AED 868 per sqft, 7% below what two-beds in Rimal 1 were fetching at the time (AED 929). 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. 2705's AED 102,850 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-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 27th floor

All 310 units in Rimal 1
Value
27012-bedAED 820K · Dec 2008
27022-bedAED 1.11M · Dec 2020
27032-bedAED 1.4M · Nov 2018
27042-bedAED 2.43M · Mar 2014
27062-bedAED 2M · Jun 2022
27072-bedAED 2.13M · Nov 2022
27082-bedAED 1.06M · Dec 2019

2705, Rimal 1 in numbers

  • Sold twice: first on 27 February 2011 for AED 1,288,000, last on 20 March 2011 for AED 1,220,000 (AED 868 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 74,000 in 2020 and recovered to AED 102,850 by August 2024.
  • At AED 102,850 a year the gross yield on the 2011 price is 8.4%, 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 August 2024.

Questions about 2705, Rimal 1

What did unit 2705 last sell for?

AED 1,220,000 on 20 March 2011: AED 868 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,288,000 in February 2011.

What is the rent for unit 2705?

AED 102,850 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 93,500; the unit has been rented since June 2013.

How big is unit 2705?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2705 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 2705, Rimal 1

Starts from the last sale price (AED 1.22M, 20 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

Plus AED 56,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →