2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 29th floor · completed 2007

2903, Rimal 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 720K29 October 2015
Current rentAED 126K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Rimal 1

What is 2903 worth today?

Last sold for AED 720,000 in 2015

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23 Jun 2025RentedRenewal
AED 126,000/yr12 months · AED 89 per sqft
23 Jun 2024RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
23 Jun 2023RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
5 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
5 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
5 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
25 May 2017RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
17 Nov 2016RentedNew contract
AED 122,000/yr12 months · AED 87 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 June 2025.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
29th of 47
Parking
B704
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 720K · October 2015
Building
Rimal 1

About 2903, Rimal 1

2903 is a two-bedroom apartment of 1,405 sqft on the 29th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 29 October 2015 for AED 720,000, or AED 512 per sqft, 64% below the AED 1,440 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 23 June 2025, is AED 126,000 a year: a gross yield of 17.5% on the 2015 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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 2015: AED 720,000 (AED 512 per sqft)

2903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, 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, February 2016: AED 130,000 a yearNew contract, November 2016: AED 122,000 a yearNew contract, May 2017: AED 120,000 a yearRenewal, March 2019: AED 120,000 a yearRenewal, March 2021: AED 75,000 a yearRenewal, March 2022: AED 90,000 a yearNew contract, June 2023: AED 120,000 a yearRenewal, June 2024: AED 120,000 a yearRenewal, June 2025: AED 126,000 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 2903 sits

All 205 2-beds →

2903 last sold in October 2015 at AED 512 per sqft, 64% below what two-beds in Rimal 1 were fetching at the time (AED 1,440). 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. 2903's AED 126,000 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 29th floor

All 310 units in Rimal 1
Value
29012-bedAED 1.82M · Feb 2023
29022-bedAED 1.11M · Dec 2020
29042-bedAED 1.7M · Dec 2007
29052-bedAED 1.55M · Dec 2007
29062-bedAED 1.44M · Dec 2009
29072-bedAED 1.28M · Jan 2012
29082-bedAED 1.28M · Jan 2020

2903, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 29 October 2015 for AED 720,000, or AED 512 per sqft.
  • Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2021 and recovered to AED 126,000 by June 2025.
  • At AED 126,000 a year the gross yield on the 2015 price is 17.5%, 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 23 June 2025.

Questions about 2903, Rimal 1

What did unit 2903 last sell for?

AED 720,000 on 29 October 2015, sold by the developer: AED 512 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 126,000 a year on the contract renewed on 23 June 2025. The previous contract, from June 2024, was AED 120,000; the unit has been rented since February 2016.

How big is unit 2903?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 29th floor of a 47-storey tower completed in 2007.

What is unit 2903 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 2903, Rimal 1

Starts from the last sale price (AED 720K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus AED 35,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →