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Rimal 1, Jumeirah Beach Residence Dubai: A Comprehensive Guide

Rimal 1 is a luxurious residential skyscraper in the heart of Jumeirah Beach Residence (JBR) in Dubai, United Arab Emirates. The tower is part of the Rimal complex, which comprises six high-rise buildings. Completed in 2007, Rimal 1 is a 46-story tower with a height of 151 meters. It offers a range of upscale 1 to 4-bedroom apartments and 4-bedroom penthouses, providing a luxurious waterfront lifestyle.

Residents of Rimal 1 can enjoy stunning views of the sea and the surrounding area from their apartments. The tower is near The Walk at JBR, a popular outdoor shopping and dining destination. The area also features a private beach, swimming pools, and fitness centers, providing residents with various amenities.

Rimal 1 is managed by Dubai Properties Group and TECOM Group, two of the region’s leading real estate developers. The tower offers a range of modern facilities and amenities, including 24-hour security, covered parking, and high-speed elevators. With its prime location and luxurious amenities, Rimal 1 is ideal for those seeking a luxurious waterfront lifestyle in Dubai.

Overview of Rimal 1

Rimal 1 is a luxurious high-rise residential tower in Jumeirah Beach Residence (JBR), Dubai. It is one of six towers in the Rimal complex and stands 46 stories high (151 meters), offering stunning views of the Dubai Marina.

Location and Accessibility

Rimal One is in the heart of JBR, a popular residential area known for its luxurious beachfront living. The tower is conveniently located near the beach, and residents can easily access various amenities and attractions, including shopping malls, restaurants, cafes, and entertainment venues. Additionally, the tower offers easy access to transportation options such as the metro and tram.

Property Size and Types

Rimal 1 offers a range of apartments with stunning views of the Arabian Gulf. The upscale residence houses 1 to 4-bedroom apartments and 4-bedroom penthouses. The property size and types are as follows:

  • 1-bedroom apartments
  • 2-bedroom apartments
  • 3-bedroom apartments
  • 4-bedroom apartments
  • 4-bedroom penthouses

Each apartment comes with a balcony and a parking space.

Amenities and Facilities

Rimal 1 offers a luxurious waterfront lifestyle with a range of amenities and facilities, including:

  • Outdoor swimming pool
  • Fully equipped gym
  • 24-hour security
  • High-speed elevators
  • Covered parking

Citizens can also relish easy access to the beach to relax and unwind.

Residential Insights

Market Conditions and Trends

Rimal 1 is a luxurious residential complex in Jumeirah Beach Residence, Dubai. The real estate market in this area has been stable over the last 12 months, with a slight increase in rental prices. According to the Dubai Land Department (DLD), the average cost of properties rented in Rimal 1 in the last 12 months was AED 150,000 annually. The average price of properties sold in this area was AED 2,598,843.

Price and Transaction History

The prices of properties in Rimal 1 vary according to size, location, and view. The average cost of a 2-bedroom apartment in Rimal 1 is AED 1,600,000, while the average cost of a 4-bedroom penthouse is AED 5,950,000. The sale transactions in Rimal 1 have been stable over the last year, with a few price fluctuations.

Community Insights

Rimal 1 is part of a multi-building complex that contains six high-rise residential towers. It offers a luxurious waterfront lifestyle, with many facilities and amenities for its residents. The compound is well-maintained and features a safe and secure environment for families and individuals. The complex is located in Jumeirah Beach Residence, a popular tourist destination in Dubai. The area has beautiful beaches, restaurants, and shopping malls.

  • The real estate market in Rimal 1 has been stable over the last 12 months.
  • The average price of properties rented in Rimal 1 in the previous 12 months was AED 150,000 annually.
  • The average price of properties sold in this area was AED 2,598,843.
  • The prices of properties in Rimal 1 vary according to size, location, and view.
  • The moderate price of a 2-bedroom apartment in Rimal 1 is AED 1,600,000, while the average price of a 4-bedroom penthouse is AED 5,950,000.
  • Rimal 1 is a part of a multi-building complex with six high-rise residential towers.
  • The community is well-maintained and offers families and individuals a safe and secure environment.
  • Jumeirah Beach Residence is a famous tourist destination in Dubai and is known for its beautiful beaches, restaurants, and shopping malls.

Apartment Features

Interior and Layouts

Rimal 1, Jumeirah Beach Residence Dubai, offers a variety of apartment layouts that cater to different lifestyles and preferences. The apartments are spacious and well-designed, with expansive living areas that provide ample room for residents to move around. All apartments have built-in wardrobes, perfect for storing clothes and other personal items.

View and Orientation

The apartments in Rimal 1 offer stunning views of the Dubai Marina and the Arabian Gulf. The high-floor apartments provide an unobstructed view of the surrounding area, perfect for those who want to enjoy the beautiful scenery. The apartments are also oriented to provide maximum privacy and comfort to residents.

The apartments in Rimal 1 are available in both fully furnished and unfurnished options. In contrast, the unfurnished apartments offer residents the flexibility to decorate and furnish their living space according to their preferences.

The apartments in Rimal 1 are in excellent condition and have been well-maintained. They are also available in upgraded options, which include modern and high-quality fixtures and fittings.

The duplex apartments in Rimal 1 offer a unique living experience, with expansive living areas and multiple bedrooms and bathrooms. They are perfect for families or those who require additional space.

Regarding bedroom and bathroom configurations, the apartments in Rimal 1 are available in 2-bed and 3-bed options, with two bathrooms.

Overall, the apartments in Rimal 1, Jumeirah Beach Residence Dubai, offer residents a luxurious and comfortable living experience, with various options to suit different preferences and lifestyles.

Lifestyle and Community

Leisure and Recreation

Rimal 1 in Jumeirah Beach Residence Dubai offers a luxurious and relaxing lifestyle. A selection of leisure and recreational activities are available nearby. Residents can enjoy the beautiful beach and participate in water sports like jet skiing, parasailing, and paddleboarding. The community also has a swimming pool and a gym for those who prefer indoor activities.

Dining and Shopping

Rimal 1 offers its residents a wide range of dining and shopping options. The community is home to various cafes and restaurants that offer different cuisines from all over the world. Citizens can relish a cup of coffee or a delicious meal while taking in the perfect views of the marina. The community also has various shopping options, including supermarkets, retail stores, and boutiques.

Education and Nurseries

Rimal 1 is an ideal community for families with children, offering various educational options. The Emirates International School Meadows, Regent International School, and Academy Middle East are all located nearby, providing excellent educational opportunities for children. Jumeirah International Nurseries and Jebel Ali Village Early Childhood Centre offer quality nursery education for younger children.

Overall, Rimal 1 in Jumeirah Beach Residence Dubai offers a luxurious and convenient lifestyle. Nearby, there are a variety of leisure, dining, shopping, and educational options.

Investment Opportunities

Rimal 1, Jumeirah Beach Residence Dubai, presents a range of investment opportunities for buyers looking to invest in the real estate market. The following subsections provide insights into the rental yields and ROI, as well as the buying and selling prospects of Rimal 1.

Rental Yields and ROI

Investors looking to buy flats in Rimal can expect to earn a rental yield of approximately 6.5%. This is a decent return on investment, especially considering the property’s prime location. Rimal One is in the heart of Dubai’s Jumeirah Beach Residence, one of the city’s most sought-after areas.

Additionally, the ROI for Rimal 1 is expected to remain stable in the coming years due to the strong demand for rental properties in the area. With a high occupancy rate, investors can expect to have their properties rented out for most of the year, ensuring a steady stream of rental income.

Buying and Selling Prospects

Rimal 1 presents a range of buying and selling prospects for investors. The current market conditions indicate that the property market in Dubai is stabilizing, making it an ideal time to invest in properties such as Rimal 1.

For buyers, Rimal 1 offers a range of flats with varying sizes and prices, making it accessible to many investors. Additionally, the property is well-maintained, ensuring buyers can expect a high standard of living.

For sellers, Rimal 1 presents an opportunity to sell their properties at a profit. With a high demand for rental properties in the area, investors can expect to sell their properties quickly and reasonably.

Regarding sale transactions, Rimal 1 has seen a mix of rented and vacant properties being sold. However, with the high demand for rental properties in the area, investors looking to sell their properties can expect to do so quickly.

Customer Reviews and Ratings

Guest Experiences

Rimal 1 in Jumeirah Beach Residence Dubai has received mixed reviews and guest ratings. Some guests have praised the property’s location, which is close to the beach and other attractions. They have also appreciated the amenities provided by the property, such as the private beach area, playground, and cycling track.

However, some guests have expressed dissatisfaction with the property’s cleanliness, and a few have reported issues with the maintenance of the apartments. Some guests have also complained about the noise level in the building.

Authenticity of Reviews

The reviews and ratings of Rimal 1 in Jumeirah Beach Residence Dubai are based on real guests, real stays, and honest opinions. Property Finder has rated the property 3.1/5, with a score breakdown available for guests to review. Mint Stay Rimal 1 has received a rating of 4.3/5 from guests who have stayed there.

It is important to note that while the reviews and ratings are based on real experiences, they may not be entirely representative of the property. Guests may have different expectations and experiences, so they must read various reviews before deciding.

Potential guests should read a variety of reviews before making a decision.

Real Estate Agencies

Agency Listings and Contacts

Several real estate agencies can help you find the right place when buying or renting a property in Rimal 1, Jumeirah Beach Residence Dubai. Two reputable agencies that have listings in Rimal 1 are Driven Properties and RNR International Real Estate.

Driven Properties is a well-known real estate agency in Dubai for several years. Many properties are available for sale or rent, including those in Rimal 1.

RNR International Real Estate is another reputable agency that has listings in Rimal 1. They specialize in luxury properties and have many apartments for sale or rent. Their representatives can offer helpful insights into the purchasing or leasing process as they are informed about the local real estate market. Additionally, they have an easy-to-use website with comprehensive details on every property.

Contact information for both firms is available on their websites and social media profiles. They both have a strong online presence. You can also visit with an agent in person at their offices in Dubai. It is advised that you get in touch with one of these organizations for assistance in locating the ideal house if you’re interested in purchasing or renting one in Rimal 1.

In summary, when it comes to finding a property in Rimal 1, Jumeirah Beach Residence Dubai, Driven Properties, and RNR International Real Estate are two reputable agencies that can help you find the right place.

Frequently Asked Questions

What are the current rental rates for properties in Rimal 1, JBR?

Rimal 1, JBR offers a range of rental properties, from studios to four-bedroom apartments. The current rental rates for these properties vary depending on the size and type of the unit. As of May 2024, the average rental rates for properties in Rimal 1, JBR are as follows:

  • Studios: AED 80,000 – AED 100,000 per year
  • One-bedroom apartments: AED 100,000 – AED 130,000 per year
  • Two-bedroom apartments: AED 140,000 – AED 180,000 per year
  • Three-bedroom apartments: AED 200,000 – AED 250,000 per year
  • Four-bedroom apartments: AED 300,000 – AED 350,000 per year

How do the amenities at Rimal 1 compare with other JBR properties?

Rimal 1, JBR offers a range of amenities catering to its residents’ needs. These amenities include a swimming pool, gymnasium, health club, sauna, and steam room. The facilities are well-maintained and provide high comfort and convenience to the residents.

Compared to other JBR properties, Rimal 1 offers similar amenities that are on par with Dubai’s standards of luxury living. The modern and well-equipped facilities provide residents with a comfortable and convenient lifestyle.

What types of properties are available for sale in Rimal 1, JBR?

Rimal 1, JBR offers a range of properties for sale, including studios, one-bedroom apartments, two-bedroom apartments, three-bedroom apartments, and four-bedroom apartments. The spacious and well-designed properties provide residents with a comfortable and luxurious living experience.

Can you provide a location map for Rimal 1 within the Jumeirah Beach Residence area?

Rimal one is in the Jumeirah Beach Residence area, a popular residential and tourist destination in Dubai. Its location is convenient, with easy access to the beach, shopping malls, restaurants, and other amenities.

The official website of the managing company or real estate agency provides a location map for Rimal 1 within the Jumeirah Beach Residence area.

What are the recent reviews from residents living in Rimal 1, JBR?

Residents of Rimal 1, JBR, have provided positive reviews about the property. The facilities and amenities are well-maintained, and the staff is friendly and responsive. The property’s location is convenient, with easy access to the beach, shopping malls, and other amenities.

Who is the managing company for Rimal 1, JBR, and how can they be contacted?

The managing company for Rimal 1, JBR, is listed on the property’s official website or can be obtained from the real estate agency. The contact details for the managing company can be found on their website or by contacting the real estate agency. The managing company can be contacted for any queries or assistance related to the property.

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