308, Rimal 1
Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Rimal 1
What is 308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 3rd of 47
- Parking
- B768/ B769
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 2.33M · November 2023
- Building
- Rimal 1
About 308, Rimal 1
308 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 15 November 2023 for AED 2,330,000, or AED 1,214 per sqft, 7% below the AED 1,302 three-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 October 2019, is AED 110,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 30,200 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 308 sits
All 56 3-beds →308 last sold in November 2023 at AED 1,214 per sqft, 7% below what three-beds in Rimal 1 were fetching at the time (AED 1,302). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 1,919 sqft | 2,619,378 | 1,364 | ||
| 28 Jul 202528 July 2025 | 1,919 sqft | 2,627,552 | 1,369 | ||
| 20 Feb 202520 February 2025 | 1,919 sqft | 2,500,000 | 1,302 | ||
| 20 Jan 202520 January 2025 | 1,919 sqft | 2,600,000 | 1,354 |
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 132K /yr
- Typical yield
- 6.0%
Other units on the 3rd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,919 sqft | AED 2.65MAED 2,650,000 · Oct 2024October 2024 | 140,000 /yr | |
| 302 | 1,919 sqft | AED 2.8MAED 2,800,000 · Oct 2025October 2025 | 96,000 /yr | ||
| 303 | 1-bed | 553 sqft | AED 400KAED 400,000 · Oct 2022October 2022 | 99,750 /yr | |
| 304 | 1-bed | 1,105 sqft | AED 2.35MAED 2,345,552 · Jan 2024January 2024 | ||
| 305 | 1-bed | 1,105 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 50,000 /yr | |
| 306 | 1-bed | 1,105 sqft | AED 1.13MAED 1,134,600 · Feb 2010February 2010 | 94,500 /yr | |
| 307 | 3-bed | 1,919 sqft | AED 2.1MAED 2,100,000 · Sep 2022September 2022 | 135,000 /yr |
308, Rimal 1 in numbers
- Sold 3 times: first on 17 February 2008 for AED 1,080,000, last on 15 November 2023 for AED 2,330,000 (AED 1,214 per sqft).
- Rented since August 2016 on 3 Ejari contracts, from AED 160,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 4.7%, 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 15 November 2023.
Questions about 308, Rimal 1
What did unit 308 last sell for?
AED 2,330,000 on 15 November 2023: AED 1,214 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 1,080,000 in February 2008.
What is the rent for unit 308?
AED 110,000 a year on the contract renewed on 20 October 2019. The previous contract, from September 2018, was AED 120,000; the unit has been rented since August 2016.
How big is unit 308?
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 308 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.
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Mortgage on 308, Rimal 1
Starts from the last sale price (AED 2.33M, 15 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,330,000
- Deposit, UAE resident (20%)
- AED 466,000
- Deposit, non-resident (40%)
- AED 932,000
- Monthly over 25 years at 3.7%
- AED 9,533
Plus AED 102,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →