2-bed · 1,294 sqftRimal 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2302, Rimal 1

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 11 February 2025
Last soldAED 1.75M11 February 2025
Current rentAED 125K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Rimal 1

What is 2302 worth today?

Last sold for AED 1,750,000 in 2025

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11 Feb 2025SoldReady
AED 1,750,000AED 1,352 per sqft
15 Jun 2024RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
1 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
1 Feb 2023RentedRenewal
AED 94,500/yr12 months · AED 73 per sqft
1 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
2 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
30 Oct 2019SoldReady
AED 1,330,000AED 1,028 per sqft
22 Apr 2017RentedNew contract
AED 205,000/yr12 months · AED 159 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 February 2025.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
23rd of 47
Parking
G411
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 1.75M · February 2025
Building
Rimal 1

About 2302, Rimal 1

2302 is a two-bedroom apartment of 1,294 sqft on the 23rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 February 2025 for AED 1,750,000, or AED 1,352 per sqft, 13% below the AED 1,548 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 June 2024, is AED 125,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, February 2008: AED 820,000 (AED 633 per sqft)Sold, March 2010: AED 1,500,000 (AED 1,159 per sqft)Sold, October 2019: AED 1,330,000 (AED 1,028 per sqft)Sold, February 2025: AED 1,750,000 (AED 1,352 per sqft)

2302 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, each contractTypical two-bed in Rimal 1
100K200K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, March 2015: AED 140,000 a yearRenewal, March 2016: AED 140,000 a yearNew contract, April 2017: AED 205,000 a yearNew contract, January 2021: AED 75,000 a yearNew contract, February 2022: AED 90,000 a yearRenewal, February 2023: AED 94,500 a yearNew contract, September 2023: AED 115,000 a yearNew contract, June 2024: AED 125,000 a year

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 2302 sits

All 205 2-beds →

2302 last sold in February 2025 at AED 1,352 per sqft, 13% below what two-beds in Rimal 1 were fetching at the time (AED 1,548). 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. 2302's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-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 23rd floor

All 310 units in Rimal 1
Value
23012-bedAED 2.2M · Dec 2024
23032-bedAED 410K · Jan 2012
23042-bedAED 599K · Jan 2009
23052-bedAED 1.67M · Feb 2013
23062-bedAED 1.2M · Aug 2011
23082-bedAED 2M · Jan 2015

2302, Rimal 1 in numbers

  • Sold 4 times: first on 10 February 2008 for AED 820,000, last on 11 February 2025 for AED 1,750,000 (AED 1,352 per sqft).
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2021 and recovered to AED 125,000 by June 2024.
  • At AED 125,000 a year the gross yield on the 2025 price is 7.1%, 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 11 February 2025.

Questions about 2302, Rimal 1

What did unit 2302 last sell for?

AED 1,750,000 on 11 February 2025: AED 1,352 per sqft for 1,294 sqft. The unit has 4 registered sales; the first was AED 820,000 in February 2008.

What is the rent for unit 2302?

AED 125,000 a year on the contract signed on 15 June 2024. The previous contract, from September 2023, was AED 115,000; the unit has been rented since March 2015.

How big is unit 2302?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2007.

What is unit 2302 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 2302, Rimal 1

Starts from the last sale price (AED 1.75M, 11 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →