2-bed · 1,290 sqftRimal 1, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Rimal 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 410K14 May 2008
Current rentAED 145K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Rimal 1

What is 3401 worth today?

Last sold for AED 410,000 in 2008

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20 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 112 per sqft
15 Jul 2023RentedRenewal
AED 101,640/yr12 months · AED 79 per sqft
15 Jul 2022RentedRenewal
AED 92,400/yr12 months · AED 72 per sqft
15 Jul 2021RentedRenewal
AED 84,000/yr12 months · AED 65 per sqft
12 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
12 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
20 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
14 Jul 2016RentedRenewal
AED 134,000/yr12 months · AED 104 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
34th of 47
Parking
G367
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 410K · May 2008
Building
Rimal 1

About 3401, Rimal 1

3401 is a two-bedroom apartment of 1,290 sqft on the 34th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 14 May 2008 for AED 410,000, or AED 317 per sqft, 48% below the AED 612 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 20 January 2025, is AED 145,000 a year: a gross yield of 35.4% on the 2008 price, before the service charge of about AED 20,300 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, May 2008: AED 410,000 (AED 317 per sqft)

3401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical 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, July 2012: AED 115,000 a yearRenewal, July 2016: AED 134,000 a yearNew contract, August 2017: AED 115,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, June 2019: AED 110,000 a yearRenewal, July 2021: AED 84,000 a yearRenewal, July 2022: AED 92,400 a yearRenewal, July 2023: AED 101,640 a yearNew contract, January 2025: AED 145,000 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 3401 sits

All 205 2-beds →

3401 last sold in May 2008 at AED 317 per sqft, 48% below what two-beds in Rimal 1 were fetching at the time (AED 612). 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. 3401's AED 145,000 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 34th floor

All 310 units in Rimal 1
Value
34022-bedAED 2M · Dec 2015
34032-bedAED 1.17M · Nov 2020
34042-bedAED 1.75M · Dec 2007
34052-bedAED 2.2M · Dec 2024
34062-bedAED 1.76M · Aug 2018
34072-bedAED 2.55M · Jul 2008
34082-bedAED 1.07M · Apr 2008

3401, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 14 May 2008 for AED 410,000, or AED 317 per sqft.
  • Rented since July 2012 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 84,000 in 2021 and recovered to AED 145,000 by January 2025.
  • At AED 145,000 a year the gross yield on the 2008 price is 35.4%, 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 20 January 2025.

Questions about 3401, Rimal 1

What did unit 3401 last sell for?

AED 410,000 on 14 May 2008, sold by the developer: AED 317 per sqft for 1,290 sqft. It is the only registered sale of the unit.

What is the rent for unit 3401?

AED 145,000 a year on the contract signed on 20 January 2025. The previous contract, from July 2023, was AED 101,640; the unit has been rented since July 2012.

How big is unit 3401?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3401 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 3401, Rimal 1

Starts from the last sale price (AED 410K, 14 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →