2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 32nd floor · completed 2007

3204, Rimal 1

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 1.65M18 December 2023
Current rentAED 98K /yr26 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Rimal 1

What is 3204 worth today?

Last sold for AED 1,650,000 in 2023

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18 Dec 2023SoldReady
AED 1,650,000AED 1,174 per sqft
26 Mar 2023RentedRenewal
AED 98,175/yr12 months · AED 70 per sqft
26 Feb 2021RentedRenewal
AED 78,462/yr13 months · AED 56 per sqft
26 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
1 Jul 2019RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
1 Jul 2018RentedRenewal
AED 125,000/yr6 months · AED 89 per sqft
22 Dec 2017RentedRenewal
AED 132,396/yr6 months · AED 94 per sqft
22 Jul 2017RentedRenewal
AED 132,828/yr5 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
32nd of 47
Parking
B740
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.65M · December 2023
Building
Rimal 1

About 3204, Rimal 1

3204 is a two-bedroom apartment of 1,405 sqft on the 32nd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 December 2023 for AED 1,650,000, or AED 1,174 per sqft, 11% below the AED 1,315 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 26 March 2023, is AED 98,175 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, August 2008: AED 599,000 (AED 426 per sqft)Sold, December 2023: AED 1,650,000 (AED 1,174 per sqft)

3204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, 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, August 2013: AED 115,000 a yearNew contract, August 2015: AED 132,825 a yearRenewal, August 2016: AED 132,830 a yearNew contract, February 2017: AED 132,828 a yearRenewal, July 2017: AED 132,828 a yearRenewal, December 2017: AED 132,396 a yearRenewal, July 2018: AED 125,000 a yearRenewal, July 2019: AED 105,000 a yearNew contract, February 2020: AED 85,000 a yearRenewal, February 2021: AED 78,462 a yearRenewal, March 2023: AED 98,175 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 3204 sits

All 205 2-beds →

3204 last sold in December 2023 at AED 1,174 per sqft, 11% below what two-beds in Rimal 1 were fetching at the time (AED 1,315). 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. 3204's AED 98,175 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 32nd floor

All 310 units in Rimal 1
Value
32012-bedAED 1.14M · Dec 2019
32022-bedAED 820K · Feb 2008
32032-bedAED 1.5M · Sep 2012
32052-bedAED 1.9M · Mar 2017
32062-bedAED 2.4M · Jun 2008
32072-bedAED 1M · Nov 2019
32082-bedAED 1.25M · Dec 2011

3204, Rimal 1 in numbers

  • Sold twice: first on 25 August 2008 for AED 599,000, last on 18 December 2023 for AED 1,650,000 (AED 1,174 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 78,462 in 2021 and recovered to AED 98,175 by March 2023.
  • At AED 98,175 a year the gross yield on the 2023 price is 5.9%, 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 18 December 2023.

Questions about 3204, Rimal 1

What did unit 3204 last sell for?

AED 1,650,000 on 18 December 2023: AED 1,174 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 599,000 in August 2008.

What is the rent for unit 3204?

AED 98,175 a year on the contract renewed on 26 March 2023. The previous contract, from February 2021, was AED 78,462; the unit has been rented since August 2013.

How big is unit 3204?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2007.

What is unit 3204 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 3204, Rimal 1

Starts from the last sale price (AED 1.65M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →