Rimal 1
3 BR · Apartment
About the building
46-storey residential building in Jumeirah Beach Residence.
Where it is
JBR
Jumeirah Beach Residence: a wall of towers directly on the beach, with The Walk and The Beach at their base.
- short-let income
- beachfront living
- walkable everyday life
What to check: Parking allocation is tight and visitor spaces fill with beach traffic. Confirm exactly how many bays come with the unit before you buy — in JBR this materially affects both what you can charge and who will rent it.
Full district guide →Questions and answers about lot NP17-574820
How much is this 3-bedroom apartment in Rimal 1?
Lot NP17-574820 is priced at AED 5 600 000, about $1 525 000. The size is 1 919 sq ft (178 m²), which works out at AED 2 918 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Rimal 1?
The database holds 3 lots in Rimal 1 right now, from AED 4 395 000 to AED 5 600 000. At AED 2 918 per sq ft this lot is 31% above the median for the other lots in the project (AED 2 235).
Is this expensive or cheap for JBR?
The database holds 56 lots in JBR, starting from AED 1 450 000. The area median is AED 3 000 per sq ft; this lot, at AED 2 918, is 3% below it. 8 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JBR area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 1 680 000; a loan of AED 3 920 000 over 25 years at 3.75–4.99% a year comes to roughly AED 20 200–22 900 a month. A non-resident puts down from 40% (AED 2 240 000) and pays about AED 17 300–19 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 224 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 600 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Rimal 1?
The building has 46 floors. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP17-574820 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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