2408, Rimal 1
Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Rimal 1
What is 2408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 24th of 47
- Parking
- G432
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · February 2008
- Building
- Rimal 1
About 2408, Rimal 1
2408 is a two-bedroom apartment of 1,294 sqft on the 24th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 February 2008 for AED 1,071,850, or AED 828 per sqft, 34% above the AED 616 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 80,000 a year: a gross yield of 7.5% on the 2008 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2408 over time
2408 has sold once; 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 2408 sits
All 211 2-beds →2408 last sold in February 2008 at AED 828 per sqft, 34% above what two-beds in Rimal 1 were fetching at the time (AED 616). 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. 2408's AED 80,000 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. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,478 Up 1.4%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.2%
Other units on the 24th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,294 sqft | AED 1.8MAED 1,800,000 · Dec 2021December 2021 | 135,000 /yr | |
| 2402 | 2-bed | 1,294 sqft | AED 820KAED 820,000 · Mar 2009March 2009 | 75,000 /yr | |
| 2403 | 2-bed | 1,405 sqft | AED 2.4MAED 2,400,000 · Jul 2008July 2008 | ||
| 2404 | 2-bed | 1,405 sqft | AED 1.95MAED 1,950,000 · Jun 2026June 2026 | 93,840 /yr | |
| 2405 | 2-bed | 1,405 sqft | AED 2MAED 2,000,000 · Sep 2016September 2016 | 150,000 /yr | |
| 2406 | 2-bed | 1,405 sqft | AED 1.25MAED 1,250,000 · Aug 2011August 2011 | 125,000 /yr | |
| 2407 | 2-bed | 1,294 sqft | AED 2.18MAED 2,175,000 · Mar 2024March 2024 | 157,000 /yr |
2408, Rimal 1 in numbers
- Sold once: by Dubai Properties on 28 February 2008 for AED 1,071,850, or AED 828 per sqft.
- Rented since November 2013 on 8 Ejari contracts, from AED 130,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2008 price is 7.5%, 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 1,478 per sqft.
Source: Dubai Land Department. Updated 1 October 2021.
Questions about 2408, Rimal 1
What did unit 2408 last sell for?
AED 1,071,850 on 28 February 2008, sold by the developer: AED 828 per sqft for 1,294 sqft. It is the only registered sale of the unit.
What is the rent for unit 2408?
AED 80,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 75,000; the unit has been rented since November 2013.
How big is unit 2408?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 24th floor of a 47-storey tower completed in 2007.
What is unit 2408 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.
Selling 2408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2408, Rimal 1
Starts from the last sale price (AED 1.07M, 28 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,071,850
- Deposit, UAE resident (20%)
- AED 214,370
- Deposit, non-resident (40%)
- AED 428,740
- Monthly over 25 years at 3.7%
- AED 4,385
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →