3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 3rd floor · completed 2007

307, Rimal 1

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 2.1M7 September 2022
Current rentAED 135K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Rimal 1

What is 307 worth today?

Last sold for AED 2,100,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Sep 2022SoldReady
AED 2,100,000AED 1,094 per sqft
1 Nov 2021RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
22 May 2020RentedRenewal
AED 130,000/yr12 months · AED 68 per sqft
22 May 2019RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
15 Jun 2017SoldReady
AED 2,300,000AED 1,198 per sqft
1 Feb 2016RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
16 Mar 2015SoldReady
AED 2,350,000AED 1,224 per sqft
10 Dec 2013RentedNew contract
AED 132,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2022.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
3rd of 47
Parking
M549/ M550
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.1M · September 2022
Building
Rimal 1

About 307, Rimal 1

307 is a three-bedroom apartment of 1,919 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 7 September 2022 for AED 2,100,000, or AED 1,094 per sqft, 15% above the AED 948 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 November 2021, is AED 135,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 30,200 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical three-bed in Rimal 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, January 2009: AED 910,000 (AED 474 per sqft)Sold, March 2015: AED 2,350,000 (AED 1,224 per sqft)Sold, June 2017: AED 2,300,000 (AED 1,198 per sqft)Sold, September 2022: AED 2,100,000 (AED 1,094 per sqft)

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

Rents
Unit 307, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000New contract, December 2012: AED 120,000 a yearNew contract, December 2013: AED 132,000 a yearNew contract, February 2016: AED 175,000 a yearNew contract, May 2019: AED 135,000 a yearRenewal, May 2020: AED 130,000 a yearNew contract, November 2021: AED 135,000 a year

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

3-beds in Rimal 1, and where 307 sits

All 56 3-beds →

307 last sold in September 2022 at AED 1,094 per sqft, 15% above what three-beds in Rimal 1 were fetching at the time (AED 948). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-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 132K /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
3041-bedAED 2.35M · Jan 2024
3051-bedAED 1.33M · Dec 2022
3061-bedAED 1.13M · Feb 2010
3083-bedAED 2.33M · Nov 2023

307, Rimal 1 in numbers

  • Sold 4 times: first on 8 January 2009 for AED 910,000, last on 7 September 2022 for AED 2,100,000 (AED 1,094 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 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 7 September 2022.

Questions about 307, Rimal 1

What did unit 307 last sell for?

AED 2,100,000 on 7 September 2022: AED 1,094 per sqft for 1,919 sqft. The unit has 4 registered sales; the first was AED 910,000 in January 2009.

What is the rent for unit 307?

AED 135,000 a year on the contract signed on 1 November 2021. The previous contract, from May 2020, was AED 130,000; the unit has been rented since December 2012.

How big is unit 307?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.

Selling 307? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 307, Rimal 1

Starts from the last sale price (AED 2.1M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →