2-bed · 1,290 sqftRimal 1, Jumeirah Beach Residence · 27th floor · completed 2007

2707, Rimal 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 2.13M14 November 2022
Current rentAED 125K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Rimal 1

What is 2707 worth today?

Last sold for AED 2,125,000 in 2022

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14 Nov 2022SoldReady
AED 2,125,000AED 1,646 per sqft
8 Aug 2018SoldReady
AED 1,630,000AED 1,263 per sqft
1 Jul 2017RentedRenewal
AED 125,000/yr12 months · AED 97 per sqft
1 Jul 2016RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
25 Feb 2016RentedNew contract
AED 118,307/yr3 months · AED 92 per sqft
4 Oct 2007Sold by developerReady
AED 750,000AED 581 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2022.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
27th of 47
Parking
B796
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 2.13M · November 2022
Building
Rimal 1

About 2707, Rimal 1

2707 is a two-bedroom apartment of 1,290 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 14 November 2022 for AED 2,125,000, or AED 1,646 per sqft, 22% above the AED 1,351 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 125,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, 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, October 2007: AED 750,000 (AED 581 per sqft)Sold, August 2018: AED 1,630,000 (AED 1,263 per sqft)Sold, November 2022: AED 2,125,000 (AED 1,646 per sqft)

2707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2707, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical 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, February 2016: AED 118,307 a yearNew contract, July 2016: AED 125,000 a yearRenewal, July 2017: AED 125,000 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 2707 sits

All 205 2-beds →

2707 last sold in November 2022 at AED 1,646 per sqft, 22% above what two-beds in Rimal 1 were fetching at the time (AED 1,351). 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. 2707's AED 125,000 is in the lower half 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
27052-bedAED 1.22M · Mar 2011
27062-bedAED 2M · Jun 2022
27082-bedAED 1.06M · Dec 2019

2707, Rimal 1 in numbers

  • Sold 3 times: first on 4 October 2007 for AED 750,000, last on 14 November 2022 for AED 2,125,000 (AED 1,646 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, from AED 118,307 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 20,300 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 14 November 2022.

Questions about 2707, Rimal 1

What did unit 2707 last sell for?

AED 2,125,000 on 14 November 2022: AED 1,646 per sqft for 1,290 sqft. The unit has 3 registered sales; the first was AED 750,000 in October 2007.

What is the rent for unit 2707?

AED 125,000 a year on the contract renewed on 1 July 2017. The previous contract, from July 2016, was AED 125,000; the unit has been rented since February 2016.

How big is unit 2707?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2707 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 2707, Rimal 1

Starts from the last sale price (AED 2.13M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

Plus AED 94,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →