2304, Rimal 1
Sold prices and rental history: sold once, by the developer in January 2009, 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 2304, Rimal 1
What is 2304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 23rd of 47
- Parking
- B719
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 599K · January 2009
- Building
- Rimal 1
About 2304, Rimal 1
2304 is a two-bedroom apartment of 1,405 sqft on the 23rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 20 January 2009 for AED 599,000, or AED 426 per sqft, 33% below the AED 638 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 16 April 2025, is AED 103,000 a year: a gross yield of 17.2% on the 2009 price, before the service charge of about AED 22,100 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 205 2-beds →2304 last sold in January 2009 at AED 426 per sqft, 33% below what two-beds in Rimal 1 were fetching at the time (AED 638). 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. 2304's AED 103,000 is at the bottom 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 23rd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,294 sqft | AED 2.2MAED 2,200,000 · Dec 2024December 2024 | 130,000 /yr | |
| 2302 | 2-bed | 1,294 sqft | AED 1.75MAED 1,750,000 · Feb 2025February 2025 | 125,000 /yr | |
| 2303 | 2-bed | 1,405 sqft | AED 410KAED 410,000 · Jan 2012January 2012 | 120,000 /yr | |
| 2305 | 2-bed | 1,405 sqft | AED 1.67MAED 1,670,000 · Feb 2013February 2013 | 68,000 /yr | |
| 2306 | 2-bed | 1,405 sqft | AED 1.2MAED 1,200,000 · Aug 2011August 2011 | 125,000 /yr | |
| 2308 | 2-bed | 1,294 sqft | AED 2MAED 2,000,000 · Jan 2015January 2015 | 105,800 /yr |
2304, Rimal 1 in numbers
- Sold once: by Dubai Properties on 20 January 2009 for AED 599,000, or AED 426 per sqft.
- Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 83,000 in 2022 and recovered to AED 103,000 by April 2025.
- At AED 103,000 a year the gross yield on the 2009 price is 17.2%, before a service charge of about AED 22,100 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 16 April 2025.
Questions about 2304, Rimal 1
What did unit 2304 last sell for?
AED 599,000 on 20 January 2009, sold by the developer: AED 426 per sqft for 1,405 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 103,000 a year on the contract renewed on 16 April 2025. The previous contract, from April 2024, was AED 98,147; the unit has been rented since July 2013.
How big is unit 2304?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2007.
What is unit 2304 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 2304, Rimal 1
Starts from the last sale price (AED 599K, 20 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →