3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 3rd floor · completed 2007

308, Rimal 1

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 2.33M15 November 2023
Current rentAED 163K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Rimal 1

What is 308 worth today?

Last sold for AED 2,330,000 in 2023

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5 Oct 2026RentedNew contract
AED 163,000/yr12 months · AED 85 per sqft
15 Nov 2023SoldReady
AED 2,330,000AED 1,214 per sqft
10 Aug 2020SoldReady
AED 1,245,000AED 648 per sqft
20 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
20 Sep 2018RentedRenewal
AED 120,000/yr13 months · AED 63 per sqft
20 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
1 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
17 Feb 2008Sold by developerReady
AED 1,080,000AED 1,015 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
3rd of 47
Parking
B768/ B769
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.33M · November 2023
Building
Rimal 1

About 308, Rimal 1

308 is a three-bedroom apartment of 1,919 sqft on the 3rd floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 November 2023 for AED 2,330,000, or AED 1,214 per sqft, 7% below the AED 1,302 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 5 October 2026, is AED 163,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical three-bed in Rimal 1
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, February 2008: AED 1,080,000 (AED 1,015 per sqft)Sold, August 2020: AED 1,245,000 (AED 648 per sqft)Sold, November 2023: AED 2,330,000 (AED 1,214 per sqft)

308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 308, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 137,750; 2024 AED 168,750; 2025 AED 165,000; 2026 AED 160,000New contract, August 2016: AED 160,000 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2018: AED 120,000 a yearRenewal, October 2019: AED 110,000 a yearNew contract, October 2026: AED 163,000 a year

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 308 sits

All 60 3-beds →

308 last sold in November 2023 at AED 1,214 per sqft, 7% below what three-beds in Rimal 1 were fetching at the time (AED 1,302). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 123,347 to 280,000 a year. 308's AED 163,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-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. 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%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 3rd floor

All 310 units in Rimal 1
Value
3013-bedAED 2.65M · Oct 2024
3023-bedAED 2.8M · Oct 2025
3031-bedAED 400K · Oct 2022
3041-bedAED 2.35M · Jan 2024
3051-bedAED 1.33M · Dec 2022
3061-bedAED 1.13M · Feb 2010
3073-bedAED 2.1M · Sep 2022

308, Rimal 1 in numbers

  • Sold 3 times: first on 17 February 2008 for AED 1,080,000, last on 15 November 2023 for AED 2,330,000 (AED 1,214 per sqft).
  • Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 110,000 in 2019 and recovered to AED 163,000 by October 2026.
  • At AED 163,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 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 5 October 2026.

Questions about 308, Rimal 1

What did unit 308 last sell for?

AED 2,330,000 on 15 November 2023: AED 1,214 per sqft for 1,919 sqft. The unit has 3 registered sales; the first was AED 1,080,000 in February 2008.

What is the rent for unit 308?

AED 163,000 a year on the contract signed on 5 October 2026. The previous contract, from October 2019, was AED 110,000; the unit has been rented since August 2016.

How big is unit 308?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 308 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 3,100,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 308, Rimal 1

Starts from the last sale price (AED 2.33M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,330,000
Deposit, UAE resident (20%)
AED 466,000
Deposit, non-resident (40%)
AED 932,000
Monthly over 25 years at 3.7%
AED 9,533

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →