3408, Rimal 1
Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3408, Rimal 1
What is 3408 worth today?
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Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,290 sqft
- Floor
- 34th of 47
- Parking
- G429
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · April 2008
- Building
- Rimal 1
About 3408, Rimal 1
3408 is a two-bedroom apartment of 1,290 sqft on the 34th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 22 April 2008 for AED 1,071,850, or AED 830 per sqft, 37% above the AED 606 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 18 October 2024, is AED 125,000 a year: a gross yield of 11.7% on the 2008 price, before the service charge of about AED 20,300 a year.
Sales and rents for 3408 over time
3408 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 3408 sits
All 211 2-beds →3408 last sold in April 2008 at AED 830 per sqft, 37% above what two-beds in Rimal 1 were fetching at the time (AED 606). 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. 3408's AED 125,000 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 34th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,290 sqft | AED 410KAED 410,000 · May 2008May 2008 | 120,000 /yr | |
| 3402 | 2-bed | 1,309 sqft | AED 2MAED 2,000,000 · Dec 2015December 2015 | 29,040 /yr | |
| 3403 | 2-bed | 1,405 sqft | AED 1.17MAED 1,170,000 · Nov 2020November 2020 | 130,000 /yr | |
| 3404 | 2-bed | 1,405 sqft | AED 1.75MAED 1,750,000 · Dec 2007December 2007 | 130,000 /yr | |
| 3405 | 2-bed | 1,405 sqft | AED 2.2MAED 2,200,000 · Dec 2024December 2024 | 120,000 /yr | |
| 3406 | 2-bed | 1,405 sqft | AED 1.76MAED 1,760,000 · Aug 2018August 2018 | 121,275 /yr | |
| 3407 | 2-bed | 1,290 sqft | AED 2.55MAED 2,550,000 · Jul 2008July 2008 |
3408, Rimal 1 in numbers
- Sold once: by Dubai Properties on 22 April 2008 for AED 1,071,850, or AED 830 per sqft.
- Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 125,000 by October 2024.
- At AED 125,000 a year the gross yield on the 2008 price is 11.7%, 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 18 October 2024.
Questions about 3408, Rimal 1
What did unit 3408 last sell for?
AED 1,071,850 on 22 April 2008, sold by the developer: AED 830 per sqft for 1,290 sqft. It is the only registered sale of the unit.
What is the rent for unit 3408?
AED 125,000 a year on the contract signed on 18 October 2024. The previous contract, from June 2023, was AED 88,550; the unit has been rented since May 2017.
How big is unit 3408?
1,290 sqft (119.8 sqm): a two-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.
What is unit 3408 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 3408, Rimal 1
Starts from the last sale price (AED 1.07M, 22 April 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 →