2301, Rimal 1
Sold prices and rental history: sold 5 times, last in December 2024, 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 2301, Rimal 1
What is 2301 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 23rd of 47
- Parking
- G408
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 2.2M · December 2024
- Building
- Rimal 1
About 2301, Rimal 1
2301 is a two-bedroom apartment of 1,294 sqft on the 23rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 December 2024 for AED 2,200,000, or AED 1,700 per sqft, 10% above the AED 1,548 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 130,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2301 over time
2301 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 2301 sits
All 211 2-beds →2301 last sold in December 2024 at AED 1,700 per sqft, 10% above what two-beds in Rimal 1 were fetching at the time (AED 1,548). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,449 per sqft, and rent for AED 70,296 to 280,000 a year. 2301's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 1,405 sqft | 2,000,000 | 1,423 | ||
| 30 Oct 202630 October 2026 | 1,294 sqft | 1,682,377 | 1,300 | ||
| 9 Oct 20269 October 2026 | 1,294 sqft | 1,850,000 | 1,430 | ||
| 29 Sep 202629 September 2026 | 1,290 sqft | 2,250,000 | 1,743 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,449 Down 0.6%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.4%
Other units on the 23rd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 2-bed | 1,294 sqft | AED 1.75MAED 1,750,000 · Feb 2025February 2025 | 115,000 /yr | |
| 2303 | 2-bed | 1,405 sqft | AED 410KAED 410,000 · Jan 2012January 2012 | 120,000 /yr | |
| 2304 | 2-bed | 1,405 sqft | AED 599KAED 599,000 · Jan 2009January 2009 | 113,300 /yr | |
| 2305 | 2-bed | 1,405 sqft | AED 1.67MAED 1,670,000 · Feb 2013February 2013 | 68,000 /yr | |
| 2306 | 2-bed | 1,405 sqft | AED 1.2MAED 1,200,000 · Aug 2011August 2011 | 125,000 /yr | |
| 2308 | 2-bed | 1,294 sqft | AED 2MAED 2,000,000 · Jan 2015January 2015 | 105,800 /yr |
2301, Rimal 1 in numbers
- Sold 5 times: first on 29 October 2007 for AED 820,000, last on 12 December 2024 for AED 2,200,000 (AED 1,700 per sqft).
- Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2021 and recovered to AED 130,000 by November 2023.
- At AED 130,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 20,300 a year (AED 15.73 per sqft).
- Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.
Source: Dubai Land Department. Updated 12 December 2024.
Questions about 2301, Rimal 1
What did unit 2301 last sell for?
AED 2,200,000 on 12 December 2024: AED 1,700 per sqft for 1,294 sqft. The unit has 5 registered sales; the first was AED 820,000 in October 2007.
What is the rent for unit 2301?
AED 130,000 a year on the contract renewed on 17 November 2023. The previous contract, from November 2022, was AED 130,000; the unit has been rented since December 2014.
How big is unit 2301?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2007.
What is unit 2301 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 1,682,377 to 3,150,000 in the last 12 months, around AED 1,449 per sqft.
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Mortgage on 2301, Rimal 1
Starts from the last sale price (AED 2.2M, 12 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →