1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 6th floor · completed 2007

604, Rimal 1

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 2 July 2022
Last soldAED 800K28 December 2020
Current rentAED 72K /yr2 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Rimal 1

What is 604 worth today?

Last sold for AED 800,000 in 2020

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2 Jul 2022RentedRenewal
AED 71,500/yr12 months · AED 64 per sqft
2 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
28 Dec 2020SoldReady
AED 800,000AED 723 per sqft
2 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
2 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
2 Jul 2018RentedRenewal
AED 85,000/yr12 months · AED 77 per sqft
2 Jul 2017RentedRenewal
AED 88,550/yr12 months · AED 80 per sqft
2 Jul 2016RentedRenewal
AED 88,550/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2022.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
6th of 47
Parking
G253
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 800K · December 2020
Building
Rimal 1

About 604, Rimal 1

604 is a one-bedroom apartment of 1,105 sqft on the 6th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 December 2020 for AED 800,000, or AED 723 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 2 July 2022, is AED 71,500 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 17,400 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, February 2008: AED 415,000 (AED 375 per sqft)Sold, March 2008: AED 735,000 (AED 665 per sqft)Sold, December 2020: AED 800,000 (AED 723 per sqft)

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

Rents
Unit 604, 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 110,000New contract, July 2012: AED 70,000 a yearRenewal, July 2016: AED 88,550 a yearRenewal, July 2017: AED 88,550 a yearRenewal, July 2018: AED 85,000 a yearRenewal, July 2019: AED 80,000 a yearNew contract, July 2020: AED 75,000 a yearNew contract, July 2021: AED 65,000 a yearRenewal, July 2022: AED 71,500 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 604 sits

All 37 1-beds →
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 6th floor

All 310 units in Rimal 1
Value
6013-bedAED 2.6M · Oct 2023
6023-bedAED 2.3M · Apr 2008
6031-bedAED 1.65M · Oct 2024
6051-bedAED 1M · Feb 2019
6061-bedAED 1.28M · May 2013
6073-bedAED 699K · Feb 2008
6083-bedAED 2.43M · Aug 2017

604, Rimal 1 in numbers

  • Sold 3 times: first on 28 February 2008 for AED 415,000, last on 28 December 2020 for AED 800,000 (AED 723 per sqft).
  • Rented since July 2012 on 8 Ejari contracts, from AED 70,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2020 price is 8.9%, 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 2 July 2022.

Questions about 604, Rimal 1

What did unit 604 last sell for?

AED 800,000 on 28 December 2020: AED 723 per sqft for 1,105 sqft. The unit has 3 registered sales; the first was AED 415,000 in February 2008.

What is the rent for unit 604?

AED 71,500 a year on the contract renewed on 2 July 2022. The previous contract, from July 2021, was AED 65,000; the unit has been rented since July 2012.

How big is unit 604?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 6th floor of a 47-storey tower completed in 2007.

What is unit 604 worth today?

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

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Mortgage on 604, Rimal 1

Starts from the last sale price (AED 800K, 28 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →