2-bed · 1,290 sqftRimal 1, Jumeirah Beach Residence · 31st floor · completed 2007

3108, Rimal 1

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3108 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 2.25M24 December 2024
Current rentAED 88K /yr22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3108, Rimal 1

What is 3108 worth today?

Last sold for AED 2,250,000 in 2024

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24 Dec 2024SoldReady
AED 2,250,000AED 1,743 per sqft
20 Nov 2024SoldReady
AED 1,925,000AED 1,491 per sqft
22 Mar 2023RentedRenewal
AED 88,000/yr12 months · AED 68 per sqft
22 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
7 Feb 2021SoldReady
AED 1,300,000AED 1,007 per sqft
23 Aug 2019RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
23 Aug 2018RentedNew contract
AED 96,000/yr12 months · AED 74 per sqft
7 Jun 2017RentedRenewal
AED 123,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 December 2024.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
31st of 47
Parking
G426
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 2.25M · December 2024
Building
Rimal 1

About 3108, Rimal 1

3108 is a two-bedroom apartment of 1,290 sqft on the 31st floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 December 2024 for AED 2,250,000, or AED 1,743 per sqft, 12% above the AED 1,557 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 March 2023, is AED 88,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 3108 over time

Sales
Unit 3108, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, March 2013: AED 820,000 (AED 635 per sqft)Sold, February 2021: AED 1,300,000 (AED 1,007 per sqft)Sold, November 2024: AED 1,925,000 (AED 1,491 per sqft)Sold, December 2024: AED 2,250,000 (AED 1,743 per sqft)

3108 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3108, each contractTypical two-bed in Rimal 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, July 2013: AED 104,625 a yearNew contract, June 2014: AED 117,000 a yearNew contract, June 2015: AED 123,000 a yearRenewal, June 2016: AED 123,000 a yearRenewal, June 2017: AED 123,000 a yearNew contract, August 2018: AED 96,000 a yearRenewal, August 2019: AED 95,000 a yearRenewal, March 2022: AED 80,000 a yearRenewal, March 2023: AED 88,000 a year

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 3108 sits

All 205 2-beds →

3108 last sold in December 2024 at AED 1,743 per sqft, 12% above what two-beds in Rimal 1 were fetching at the time (AED 1,557). 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. 3108's AED 88,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-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 31st floor

All 310 units in Rimal 1
Value
31012-bedAED 820K · May 2008
31022-bedAED 1.07M · Jan 2009
31032-bedAED 2.1M · Aug 2024
31042-bedAED 2M · Mar 2024
31052-bedAED 1.69M · Aug 2021
31062-bedAED 1.4M · May 2019
31072-bedAED 2.35M · May 2025

3108, Rimal 1 in numbers

  • Sold 4 times: first on 26 March 2013 for AED 820,000, last on 24 December 2024 for AED 2,250,000 (AED 1,743 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 104,625 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2024 price is 3.9%, 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 24 December 2024.

Questions about 3108, Rimal 1

What did unit 3108 last sell for?

AED 2,250,000 on 24 December 2024: AED 1,743 per sqft for 1,290 sqft. The unit has 4 registered sales; the first was AED 820,000 in March 2013.

What is the rent for unit 3108?

AED 88,000 a year on the contract renewed on 22 March 2023. The previous contract, from March 2022, was AED 80,000; the unit has been rented since July 2013.

How big is unit 3108?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 31st floor of a 47-storey tower completed in 2007.

What is unit 3108 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 3108, Rimal 1

Starts from the last sale price (AED 2.25M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →