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

605, Rimal 1

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 1M5 February 2019
Current rentAED 63K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Rimal 1

What is 605 worth today?

Last sold for AED 1,000,000 in 2019

Unlock today's estimate, updated daily, with

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

25 Oct 2022RentedRenewal
AED 63,250/yr12 months · AED 57 per sqft
23 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 45 per sqft
25 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
16 May 2019RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
5 Feb 2019SoldReady
AED 1,000,000AED 904 per sqft
25 Dec 2015RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
6 Nov 2014Sold by developerReady
AED 1,290,000AED 1,167 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2022.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
6th of 47
Parking
G243
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 1M · February 2019
Building
Rimal 1

About 605, Rimal 1

605 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 5 February 2019 for AED 1,000,000, or AED 904 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 63,250 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 17,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, November 2014: AED 1,290,000 (AED 1,167 per sqft)Sold, February 2019: AED 1,000,000 (AED 904 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in Rimal 1
50K100K2012201620202024Typical 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, December 2015: AED 110,000 a yearNew contract, May 2019: AED 75,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2022: AED 63,250 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 605 sits

All 37 1-beds →

605 last sold in February 2019 at AED 904 per sqft, in line with what one-beds in Rimal 1 were fetching at the time (AED 904).

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 135K /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
6041-bedAED 800K · Dec 2020
6061-bedAED 1.28M · May 2013
6073-bedAED 699K · Feb 2008
6083-bedAED 2.43M · Aug 2017

605, Rimal 1 in numbers

  • Sold twice: first on 6 November 2014 for AED 1,290,000, last on 5 February 2019 for AED 1,000,000 (AED 904 per sqft).
  • Rented since December 2015 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 50,000 in 2020 and recovered to AED 63,250 by October 2022.
  • At AED 63,250 a year the gross yield on the 2019 price is 6.3%, 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 25 October 2022.

Questions about 605, Rimal 1

What did unit 605 last sell for?

AED 1,000,000 on 5 February 2019: AED 904 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 1,290,000 in November 2014.

What is the rent for unit 605?

AED 63,250 a year on the contract renewed on 25 October 2022. The previous contract, from October 2020, was AED 50,000; the unit has been rented since December 2015.

How big is unit 605?

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 605 worth today?

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

Selling 605? 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 605, Rimal 1

Starts from the last sale price (AED 1M, 5 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →