2908, Rimal 1
Sold prices and rental history: sold 5 times, last in January 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2908, Rimal 1
What is 2908 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,290 sqft
- Floor
- 29th of 47
- Parking
- G424
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.28M · January 2020
- Building
- Rimal 1
About 2908, Rimal 1
2908 is a two-bedroom apartment of 1,290 sqft on the 29th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 January 2020 for AED 1,280,000, or AED 991 per sqft, in line with the AED 994 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 115,500 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2908 over time
2908 has sold 5 times; 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 2908 sits
All 205 2-beds →2908 last sold in January 2020 at AED 991 per sqft, in line with what two-beds in Rimal 1 were fetching at the time (AED 994). 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. 2908's AED 115,500 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 29th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,290 sqft | AED 1.82MAED 1,820,000 · Feb 2023February 2023 | 70,000 /yr | |
| 2902 | 2-bed | 1,290 sqft | AED 1.11MAED 1,111,111 · Dec 2020December 2020 | 147,000 /yr | |
| 2903 | 2-bed | 1,405 sqft | AED 720KAED 720,000 · Oct 2015October 2015 | 126,000 /yr | |
| 2904 | 2-bed | 1,405 sqft | AED 1.7MAED 1,700,000 · Dec 2007December 2007 | 135,000 /yr | |
| 2905 | 2-bed | 1,405 sqft | AED 1.55MAED 1,550,000 · Dec 2007December 2007 | 140,000 /yr | |
| 2906 | 2-bed | 1,405 sqft | AED 1.44MAED 1,441,500 · Dec 2009December 2009 | ||
| 2907 | 2-bed | 1,290 sqft | AED 1.28MAED 1,280,000 · Jan 2012January 2012 | 135,000 /yr |
2908, Rimal 1 in numbers
- Sold 5 times: first on 4 August 2008 for AED 1,515,000, last on 15 January 2020 for AED 1,280,000 (AED 991 per sqft).
- Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 60,000 in 2020 and recovered to AED 115,500 by September 2024.
- At AED 115,500 a year the gross yield on the 2020 price is 9.0%, 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 1 September 2024.
Questions about 2908, Rimal 1
What did unit 2908 last sell for?
AED 1,280,000 on 15 January 2020: AED 991 per sqft for 1,290 sqft. The unit has 5 registered sales; the first was AED 1,515,000 in August 2008.
What is the rent for unit 2908?
AED 115,500 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 110,000; the unit has been rented since October 2014.
How big is unit 2908?
1,290 sqft (119.8 sqm): a two-bedroom apartment on the 29th floor of a 47-storey tower completed in 2007.
What is unit 2908 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 2908, Rimal 1
Starts from the last sale price (AED 1.28M, 15 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →