303, Rimal 1
Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Rimal 1
What is 303 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 553 sqft
- Floor
- 3rd of 47
- Parking
- B665
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 8,700 /yr
- Last sold
- AED 400K · October 2022
- Building
- Rimal 1
About 303, Rimal 1
303 is a one-bedroom apartment of 553 sqft on the 3rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 October 2022 for AED 400,000, or AED 723 per sqft, 24% below the AED 950 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 2 January 2025, is AED 99,750 a year: a gross yield of 24.9% on the 2022 price, before the service charge of about AED 8,700 a year.
Sales and rents for 303 over time
303 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 303 sits
All 37 1-beds →303 last sold in October 2022 at AED 723 per sqft, 24% below what one-beds in Rimal 1 were fetching at the time (AED 950).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 |
Rimal 1
Building310 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%
Other units on the 3rd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,919 sqft | AED 2.65MAED 2,650,000 · Oct 2024October 2024 | 140,000 /yr | |
| 302 | 1,919 sqft | AED 2.8MAED 2,800,000 · Oct 2025October 2025 | 96,000 /yr | ||
| 304 | 1-bed | 1,105 sqft | AED 2.35MAED 2,345,552 · Jan 2024January 2024 | ||
| 305 | 1-bed | 1,105 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 50,000 /yr | |
| 306 | 1-bed | 1,105 sqft | AED 1.13MAED 1,134,600 · Feb 2010February 2010 | 94,500 /yr | |
| 307 | 3-bed | 1,919 sqft | AED 2.1MAED 2,100,000 · Sep 2022September 2022 | 135,000 /yr | |
| 308 | 3-bed | 1,919 sqft | AED 2.33MAED 2,330,000 · Nov 2023November 2023 | 110,000 /yr |
303, Rimal 1 in numbers
- Sold 3 times: first on 7 September 2009 for AED 1,140,000, last on 31 October 2022 for AED 400,000 (AED 723 per sqft).
- Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 89,751 to AED 55,000 in 2020 and recovered to AED 99,750 by January 2025.
- At AED 99,750 a year the gross yield on the 2022 price is 24.9%, before a service charge of about AED 8,700 a year (AED 15.73 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2025.
Questions about 303, Rimal 1
What did unit 303 last sell for?
AED 400,000 on 31 October 2022: AED 723 per sqft for 553 sqft. The unit has 3 registered sales; the first was AED 1,140,000 in September 2009.
What is the rent for unit 303?
AED 99,750 a year on the contract renewed on 2 January 2025. The previous contract, from January 2023, was AED 95,000; the unit has been rented since September 2014.
How big is unit 303?
553 sqft (51.4 sqm): a one-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.
What is unit 303 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 303, Rimal 1
Starts from the last sale price (AED 400K, 31 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →