2-bed · 1,309 sqftRimal 1, Jumeirah Beach Residence · 35th floor · completed 2007

3501, Rimal 1

Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 920K12 June 2016
Current rentAED 116K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Rimal 1

What is 3501 worth today?

Last sold for AED 920,000 in 2016

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14 Oct 2024RentedRenewal
AED 115,763/yr9 months · AED 88 per sqft
14 Oct 2023RentedRenewal
AED 110,250/yr12 months · AED 84 per sqft
14 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
1 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft
1 Nov 2019RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
1 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
12 Jun 2016SoldReady
AED 920,000AED 702 per sqft
13 Dec 2012SoldReady
AED 1,700,000AED 1,298 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2024.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
35th of 47
Parking
0
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 920K · June 2016
Building
Rimal 1

About 3501, Rimal 1

3501 is a two-bedroom apartment of 1,309 sqft on the 35th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 June 2016 for AED 920,000, or AED 702 per sqft, 39% below the AED 1,148 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 115,763 a year: a gross yield of 12.6% on the 2016 price, before the service charge of about AED 20,600 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, 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, December 2008: AED 410,000 (AED 313 per sqft)Sold, December 2012: AED 1,700,000 (AED 1,298 per sqft)Sold, June 2016: AED 920,000 (AED 702 per sqft)

3501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, 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, December 2012: AED 100,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 105,000 a yearRenewal, November 2020: AED 95,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 110,250 a yearRenewal, October 2024: AED 115,763 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 3501 sits

All 205 2-beds →

3501 last sold in June 2016 at AED 702 per sqft, 39% below what two-beds in Rimal 1 were fetching at the time (AED 1,148). 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. 3501's AED 115,763 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 132K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 35th floor

All 310 units in Rimal 1
Value
35022-bedAED 1.36M · May 2008
35032-bedAED 1.1M · Nov 2020
35042-bedAED 1.02M · Jan 2011
35052-bedAED 1.75M · Dec 2012
35062-bedAED 2.3M · May 2025
35072-bedAED 1.9M · May 2013
35082-bedAED 2.05M · Jun 2024

3501, Rimal 1 in numbers

  • Sold 3 times: first on 18 December 2008 for AED 410,000, last on 12 June 2016 for AED 920,000 (AED 702 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 100,000 to AED 115,763 a year.
  • At AED 115,763 a year the gross yield on the 2016 price is 12.6%, before a service charge of about AED 20,600 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 October 2024.

Questions about 3501, Rimal 1

What did unit 3501 last sell for?

AED 920,000 on 12 June 2016: AED 702 per sqft for 1,309 sqft. The unit has 3 registered sales; the first was AED 410,000 in December 2008.

What is the rent for unit 3501?

AED 115,763 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 110,250; the unit has been rented since December 2012.

How big is unit 3501?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.

What is unit 3501 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 3501, Rimal 1

Starts from the last sale price (AED 920K, 12 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

Plus AED 43,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →