3704, Rimal 1
Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3704, Rimal 1
What is 3704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,425 sqft
- Floor
- 37th of 47
- Parking
- M611
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,400 /yr
- Last sold
- AED 599K · September 2007
- Building
- Rimal 1
About 3704, Rimal 1
3704 is a two-bedroom apartment of 1,425 sqft on the 37th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 September 2007 for AED 599,000, or AED 420 per sqft, 28% below the AED 583 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 135,000 a year: a gross yield of 22.5% on the 2007 price, before the service charge of about AED 22,400 a year.
Sales and rents for 3704 over time
3704 has sold once; the dashed line is the two-bed median of each year in the building.
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 3704 sits
All 205 2-beds →3704 last sold in September 2007 at AED 420 per sqft, 28% below what two-beds in Rimal 1 were fetching at the time (AED 583). 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. 3704's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,388 sqft | 2,200,000 | 1,584 | ||
| 29 Jul 202529 July 2025 | 1,405 sqft | 700,000 | 498 | ||
| 16 Jul 202516 July 2025 | 1,405 sqft | 1,916,850 | 1,363 | ||
| 30 Jun 202530 June 2025 | 1,388 sqft | 2,000,000 | 1,440 |
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 37th floor
All 310 units in Rimal 13704, Rimal 1 in numbers
- Sold once: by Dubai Properties on 27 September 2007 for AED 599,000, or AED 420 per sqft.
- Rented since May 2016 on 7 Ejari contracts, from AED 128,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2007 price is 22.5%, before a service charge of about AED 22,400 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 15 May 2024.
Questions about 3704, Rimal 1
What did unit 3704 last sell for?
AED 599,000 on 27 September 2007, sold by the developer: AED 420 per sqft for 1,425 sqft. It is the only registered sale of the unit.
What is the rent for unit 3704?
AED 135,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 128,000; the unit has been rented since May 2016.
How big is unit 3704?
1,425 sqft (132.4 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2007.
What is unit 3704 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 3704, Rimal 1
Starts from the last sale price (AED 599K, 27 September 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →