2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 35th floor · completed 2007

3503, Rimal 1

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 1.1M30 November 2020
Current rentAED 80K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Rimal 1

What is 3503 worth today?

Last sold for AED 1,100,000 in 2020

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3 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
14 Dec 2023RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
1 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
1 Jul 2022RentedRenewal
AED 93,500/yr12 months · AED 66 per sqft
1 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
30 Nov 2020SoldReady
AED 1,100,000AED 782 per sqft
1 Jul 2020RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
1 Jul 2019RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2025.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
35th of 47
Parking
0
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.1M · November 2020
Building
Rimal 1

About 3503, Rimal 1

3503 is a two-bedroom apartment of 1,405 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 30 November 2020 for AED 1,100,000, or AED 782 per sqft, 8% below the AED 853 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 3 March 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 22,100 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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 2012: AED 599,000 (AED 426 per sqft)Sold, November 2020: AED 1,100,000 (AED 782 per sqft)

3503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, 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, May 2014: AED 150,000 a yearNew contract, July 2015: AED 140,000 a yearRenewal, July 2016: AED 140,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2019: AED 125,000 a yearRenewal, July 2020: AED 125,000 a yearNew contract, July 2021: AED 85,000 a yearRenewal, July 2022: AED 93,500 a yearRenewal, July 2023: AED 120,000 a yearNew contract, December 2023: AED 130,000 a yearNew contract, March 2025: AED 80,000 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 3503 sits

All 205 2-beds →

3503 last sold in November 2020 at AED 782 per sqft, 8% below what two-beds in Rimal 1 were fetching at the time (AED 853). 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. 3503's AED 80,000 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 35th floor

All 310 units in Rimal 1
Value
35012-bedAED 920K · Jun 2016
35022-bedAED 1.36M · May 2008
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

3503, Rimal 1 in numbers

  • Sold twice: first on 17 October 2012 for AED 599,000, last on 30 November 2020 for AED 1,100,000 (AED 782 per sqft).
  • Rented since May 2014 on 11 Ejari contracts, from AED 150,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 7.3%, 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 3 March 2025.

Questions about 3503, Rimal 1

What did unit 3503 last sell for?

AED 1,100,000 on 30 November 2020: AED 782 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 599,000 in October 2012.

What is the rent for unit 3503?

AED 80,000 a year on the contract signed on 3 March 2025. The previous contract, from December 2023, was AED 130,000; the unit has been rented since May 2014.

How big is unit 3503?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.

What is unit 3503 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 3503, Rimal 1

Starts from the last sale price (AED 1.1M, 30 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →