3-bed · 960 sqftRimal 1, Jumeirah Beach Residence · 11th floor · completed 2007

1108, Rimal 1

Sold prices and rental history: sold twice, last in August 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 2.95M28 August 2008
Current rentAED 177K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Rimal 1

What is 1108 worth today?

Last sold for AED 2,950,000 in 2008

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25 Aug 2024RentedNew contract
AED 177,000/yr12 months · AED 92 per sqft
21 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 68 per sqft
21 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
3 Oct 2019RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
3 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
28 Aug 2008SoldReady
AED 2,950,000AED 1,537 per sqft
29 Nov 2007Sold by developerReady
AED 1,160,000AED 604 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2024.

Key facts

Type
3-bed apartment
Size
960 sqft
Floor
11th of 47
Parking
M526/ M527
Developer
Dubai Properties
Completed
2007
Service charge
AED 15,100 /yr
Last sold
AED 2.95M · August 2008
Building
Rimal 1

About 1108, Rimal 1

1108 is a three-bedroom apartment of 960 sqft on the 11th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 August 2008 for AED 2,950,000, or AED 1,537 per sqft, 238% above the AED 455 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 August 2024, is AED 177,000 a year: a gross yield of 6.0% on the 2008 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical three-bed in Rimal 1
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, November 2007: AED 1,160,000 (AED 604 per sqft)Sold, August 2008: AED 2,950,000 (AED 1,537 per sqft)

1108 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1108, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000New contract, October 2018: AED 140,000 a yearRenewal, October 2019: AED 135,000 a yearNew contract, June 2022: AED 130,000 a yearRenewal, June 2023: AED 130,000 a yearNew contract, August 2024: AED 177,000 a year

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

3-beds in Rimal 1, and where 1108 sits

All 56 3-beds →

1108 last sold in August 2008 at AED 1,537 per sqft, 238% above what three-beds in Rimal 1 were fetching at the time (AED 455). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-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 11th floor

All 310 units in Rimal 1
Value
11013-bedAED 2.7M · Jun 2024
11023-bedAED 2.65M · Aug 2016
11032-bedAED 1.85M · Aug 2013
11042-bedAED 1.73M · Apr 2018
1105AED 2.22M · Oct 2025
11062-bedAED 2.25M · Sep 2024
11073-bedAED 2.54M · Nov 2024

1108, Rimal 1 in numbers

  • Sold twice: first on 29 November 2007 for AED 1,160,000, last on 28 August 2008 for AED 2,950,000 (AED 1,537 per sqft).
  • Rented since October 2018 on 5 Ejari contracts, from AED 140,000 to AED 177,000 a year.
  • At AED 177,000 a year the gross yield on the 2008 price is 6.0%, before a service charge of about AED 15,100 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2024.

Questions about 1108, Rimal 1

What did unit 1108 last sell for?

AED 2,950,000 on 28 August 2008: AED 1,537 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,160,000 in November 2007.

What is the rent for unit 1108?

AED 177,000 a year on the contract signed on 25 August 2024. The previous contract, from June 2023, was AED 130,000; the unit has been rented since October 2018.

How big is unit 1108?

960 sqft (89.2 sqm): a three-bedroom apartment on the 11th floor of a 47-storey tower completed in 2007.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 1108, Rimal 1

Starts from the last sale price (AED 2.95M, 28 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →