508, Rimal 1
Sold prices and rental history: sold once, by the developer in January 2022, 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 508, Rimal 1
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 5th of 47
- Parking
- B788/ B789
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 1.61M · January 2022
- Building
- Rimal 1
About 508, Rimal 1
508 is a three-bedroom apartment of 1,919 sqft on the 5th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 20 January 2022 for AED 1,614,174, or AED 841 per sqft, 3% above the AED 813 three-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 25 January 2025, is AED 181,650 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 30,200 a year.
Sales and rents for 508 over time
508 has sold once; 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 508 sits
All 56 3-beds →508 last sold in January 2022 at AED 841 per sqft, 3% above what three-beds in Rimal 1 were fetching at the time (AED 813). 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 135K /yr
- Typical yield
- 6.0%
Other units on the 5th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · May 2008May 2008 | 165,000 /yr | |
| 502 | 3-bed | 1,919 sqft | AED 2.5MAED 2,500,000 · Feb 2025February 2025 | 235,000 /yr | |
| 503 | 1-bed | 1,105 sqft | AED 475KAED 475,000 · Jun 2011June 2011 | 66,000 /yr | |
| 504 | 1-bed | 1,105 sqft | AED 960KAED 960,000 · Sep 2019September 2019 | 96,000 /yr | |
| 505 | 1-bed | 1,105 sqft | AED 1.21MAED 1,208,870 · Mar 2023March 2023 | 82,500 /yr | |
| 506 | 1-bed | 1,105 sqft | AED 950KAED 950,000 · May 2021May 2021 | 100,000 /yr | |
| 507 | 3-bed | 1,919 sqft | AED 1.58MAED 1,580,000 · Jun 2020June 2020 | 150,000 /yr |
508, Rimal 1 in numbers
- Sold once: by Dubai Properties on 20 January 2022 for AED 1,614,174, or AED 841 per sqft.
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 85,000 in 2021 and recovered to AED 181,650 by January 2025.
- At AED 181,650 a year the gross yield on the 2022 price is 11.3%, 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 25 January 2025.
Questions about 508, Rimal 1
What did unit 508 last sell for?
AED 1,614,174 on 20 January 2022, sold by the developer: AED 841 per sqft for 1,919 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 181,650 a year on the contract renewed on 25 January 2025. The previous contract, from January 2024, was AED 173,000; the unit has been rented since August 2014.
How big is unit 508?
1,919 sqft (178.3 sqm): a three-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.
What is unit 508 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 508, Rimal 1
Starts from the last sale price (AED 1.61M, 20 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,614,174
- Deposit, UAE resident (20%)
- AED 322,835
- Deposit, non-resident (40%)
- AED 645,670
- Monthly over 25 years at 3.7%
- AED 6,604
Plus AED 72,805 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →