1-bed · 1,105 sqftRimal 1, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Rimal 1

Sold prices and rental history: sold 3 times, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 2 January 2024
Last soldAED 2.35M2 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Rimal 1

What is 304 worth today?

Last sold for AED 2,345,552 in 2024

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2 Jan 2024SoldReady
AED 2,345,552AED 2,122 per sqft
18 Dec 2023SoldReady
AED 1,600,000AED 1,447 per sqft
14 Jul 2008Sold by developerReady
AED 249,500AED 225 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2024.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
3rd of 47
Parking
B681
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,400 /yr
Last sold
AED 2.35M · January 2024
Building
Rimal 1

About 304, Rimal 1

304 is a one-bedroom apartment of 1,105 sqft on the 3rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 January 2024 for AED 2,345,552, or AED 2,122 per sqft, 57% above the AED 1,348 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Rimal 1
01M2M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 828,000; 2009 AED 1,000,000; 2010 AED 774,800; 2011 AED 1,240,000; 2013 AED 1,220,000; 2014 AED 1,330,000; 2019 AED 980,000; 2022 AED 1,107,500; 2023 AED 1,390,000; 2024 AED 2,345,552Sold by developer, July 2008: AED 249,500 (AED 225 per sqft)Sold, December 2023: AED 1,600,000 (AED 1,447 per sqft)Sold, January 2024: AED 2,345,552 (AED 2,122 per sqft)

304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Rimal 1
75K100K2012201620202024Typical rent by year: 2012 AED 76,150; 2013 AED 95,500; 2014 AED 93,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 65,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 94,750; 2025 AED 110,000

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

1-beds in Rimal 1, and where 304 sits

All 37 1-beds →

304 last sold in January 2024 at AED 2,122 per sqft, 57% above what one-beds in Rimal 1 were fetching at the time (AED 1,348).

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 20254,000,000
9 Apr 20251,600,000
23 Oct 20241,650,000
8 Oct 20244,000,000
0 1-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 3rd floor

All 310 units in Rimal 1
Value
3013-bedAED 2.65M · Oct 2024
302AED 2.8M · Oct 2025
3031-bedAED 400K · Oct 2022
3051-bedAED 1.33M · Dec 2022
3061-bedAED 1.13M · Feb 2010
3073-bedAED 2.1M · Sep 2022
3083-bedAED 2.33M · Nov 2023

304, Rimal 1 in numbers

  • Sold 3 times: first on 14 July 2008 for AED 249,500, last on 2 January 2024 for AED 2,345,552 (AED 2,122 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2024.

Questions about 304, Rimal 1

What did unit 304 last sell for?

AED 2,345,552 on 2 January 2024: AED 2,122 per sqft for 1,105 sqft. The unit has 3 registered sales; the first was AED 249,500 in July 2008.

How big is unit 304?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Rimal 1

Starts from the last sale price (AED 2.35M, 2 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,345,552
Deposit, UAE resident (20%)
AED 469,110
Deposit, non-resident (40%)
AED 938,221
Monthly over 25 years at 3.7%
AED 9,596

Plus AED 103,523 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →