2308, Rimal 1
Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Rimal 1
What is 2308 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 23rd of 47
- Parking
- G433
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 2M · January 2015
- Building
- Rimal 1
About 2308, Rimal 1
2308 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 6 January 2015 for AED 2,000,000, or AED 1,546 per sqft, 11% below the AED 1,730 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 105,800 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2308 over time
2308 has sold 3 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 2308 sits
All 211 2-beds →2308 last sold in January 2015 at AED 1,546 per sqft, 11% below what two-beds in Rimal 1 were fetching at the time (AED 1,730). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year. 2308's AED 105,800 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 23 Sep 202623 September 2026 | 1,405 sqft | 1,900,000 | 1,351 |
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 128K /yr
- Typical yield
- 6.4%
Other units on the 23rd floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,294 sqft | AED 2.2MAED 2,200,000 · Dec 2024December 2024 | 130,000 /yr | |
| 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, Rimal 1 in numbers
- Sold 3 times: first on 24 November 2008 for AED 1,515,000, last on 6 January 2015 for AED 2,000,000 (AED 1,546 per sqft).
- Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2020 and recovered to AED 105,800 by November 2024.
- At AED 105,800 a year the gross yield on the 2015 price is 5.3%, 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 10 November 2024.
Questions about 2308, Rimal 1
What did unit 2308 last sell for?
AED 2,000,000 on 6 January 2015: AED 1,546 per sqft for 1,294 sqft. The unit has 3 registered sales; the first was AED 1,515,000 in November 2008.
What is the rent for unit 2308?
AED 105,800 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 92,000; the unit has been rented since March 2015.
How big is unit 2308?
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 2308 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 1,478 per sqft.
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Mortgage on 2308, Rimal 1
Starts from the last sale price (AED 2M, 6 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →