Home
Dubai prices
About
Research
1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 5th floor · completed 2007

504, Rimal 1

Sold prices and rental history: sold twice, last in September 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 3 September 2019
Last soldAED 960K3 September 2019
Current rentAED 96K /yr5 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Rimal 1

What is 504 worth today?

Last sold for AED 960,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Sep 2019SoldReady
AED 960,000AED 868 per sqft
5 Mar 2018RentedRenewal
AED 96,000/yr12 months · AED 87 per sqft
5 Mar 2017RentedRenewal
AED 98,175/yr12 months · AED 89 per sqft
5 Dec 2007Sold by developerReady
AED 415,000AED 375 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2019.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
5th of 47
Parking
G255
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 960K · September 2019
Building
Rimal 1

About 504, Rimal 1

504 is a one-bedroom apartment of 1,105 sqft on the 5th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 September 2019 for AED 960,000, or AED 868 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 5 March 2018, is AED 96,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 17,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 828,000; 2009 AED 1,000,000; 2010 AED 774,800; 2011 AED 1,240,000; 2013 AED 1,220,000; 2014 AED 1,330,000; 2019 AED 980,000; 2022 AED 1,107,500; 2023 AED 1,390,000; 2024 AED 2,345,552Sold by developer, December 2007: AED 415,000 (AED 375 per sqft)Sold, September 2019: AED 960,000 (AED 868 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Rimal 1
75K100K2012201620202024Typical rent by year: 2012 AED 76,150; 2013 AED 95,500; 2014 AED 93,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 65,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 94,750; 2025 AED 110,000Renewal, March 2017: AED 98,175 a yearRenewal, March 2018: AED 96,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rimal 1, and where 504 sits

All 37 1-beds →

504 last sold in September 2019 at AED 868 per sqft, in line with what one-beds in Rimal 1 were fetching at the time (AED 868).

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 20254,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
8 Oct 20244,000,000
0 1-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 5th floor

All 310 units in Rimal 1
Value
5013-bedAED 699K · May 2008
5023-bedAED 2.5M · Feb 2025
5031-bedAED 475K · Jun 2011
5051-bedAED 1.21M · Mar 2023
5061-bedAED 950K · May 2021
5073-bedAED 1.58M · Jun 2020
5083-bedAED 1.61M · Jan 2022

504, Rimal 1 in numbers

  • Sold twice: first on 5 December 2007 for AED 415,000, last on 3 September 2019 for AED 960,000 (AED 868 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, from AED 98,175 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 17,400 a year (AED 15.73 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2019.

Questions about 504, Rimal 1

What did unit 504 last sell for?

AED 960,000 on 3 September 2019: AED 868 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 415,000 in December 2007.

What is the rent for unit 504?

AED 96,000 a year on the contract renewed on 5 March 2018. The previous contract, from March 2017, was AED 98,175.

How big is unit 504?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Rimal 1

Starts from the last sale price (AED 960K, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →