2008, Rimal 1
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Rimal 1
What is 2008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 20th of 47
- Parking
- G398
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 830K · November 2008
- Building
- Rimal 1
About 2008, Rimal 1
2008 is a two-bedroom apartment of 1,294 sqft on the 20th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 November 2008 for AED 830,000, or AED 641 per sqft, in line with the AED 635 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 31 August 2022, is AED 130,000 a year: a gross yield of 15.7% on the 2008 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2008 over time
2008 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rimal 1, and where 2008 sits
All 205 2-beds →2008 last sold in November 2008 at AED 641 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 635). Over the last 12 months two-beds sold for AED 2,200,000 to 2,250,000, around AED 1,582 per sqft, and rent for AED 105,000 to 220,000 a year. 2008's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,388 sqft | 2,200,000 | 1,584 | ||
| 29 Jul 202529 July 2025 | 1,405 sqft | 700,000 | 498 | ||
| 16 Jul 202516 July 2025 | 1,405 sqft | 1,916,850 | 1,363 | ||
| 30 Jun 202530 June 2025 | 1,388 sqft | 2,000,000 | 1,440 |
Rimal 1
Building310 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%
Other units on the 20th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,294 sqft | AED 2.63MAED 2,625,000 · May 2008May 2008 | 110,250 /yr | |
| 2002 | 2-bed | 1,294 sqft | AED 820KAED 820,000 · Mar 2009March 2009 | 120,063 /yr | |
| 2003 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Mar 2009March 2009 | 125,000 /yr | |
| 2004 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Nov 2012November 2012 | 140,000 /yr | |
| 2005 | 2-bed | 1,405 sqft | AED 1.9MAED 1,900,000 · Dec 2023December 2023 | 102,414 /yr | |
| 2006 | 2-bed | 1,405 sqft | AED 1.2MAED 1,200,000 · Aug 2020August 2020 | 125,000 /yr | |
| 2007 | 2-bed | 1,294 sqft | AED 599KAED 599,000 · Feb 2008February 2008 | 109,000 /yr |
2008, Rimal 1 in numbers
- Sold once: by Dubai Properties on 27 November 2008 for AED 830,000, or AED 641 per sqft.
- Rented since August 2013 on 9 Ejari contracts, from AED 135,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2008 price is 15.7%, before a service charge of about AED 20,300 a year (AED 15.73 per sqft).
- Two-beds in Rimal 1 sold for AED 2,200,000–2,250,000 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 31 August 2022.
Questions about 2008, Rimal 1
What did unit 2008 last sell for?
AED 830,000 on 27 November 2008, sold by the developer: AED 641 per sqft for 1,294 sqft. It is the only registered sale of the unit.
What is the rent for unit 2008?
AED 130,000 a year on the contract signed on 31 August 2022. The previous contract, from February 2022, was AED 125,000; the unit has been rented since August 2013.
How big is unit 2008?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 20th floor of a 47-storey tower completed in 2007.
What is unit 2008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 2,200,000 to 2,250,000 in the last 12 months, around AED 1,582 per sqft.
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Mortgage on 2008, Rimal 1
Starts from the last sale price (AED 830K, 27 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus AED 39,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →