
3508, Rimal 1
Sold prices and rental history: sold 3 times, last in June 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 3508, Rimal 1
What is 3508 worth today?
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Source: Dubai Land Department. Updated 27 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,309 sqft
- Floor
- 35th of 47
- Parking
- 0
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.05M · June 2024
- Building
- Rimal 1
About 3508, Rimal 1
3508 is a two-bedroom apartment of 1,309 sqft on the 35th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 June 2024 for AED 2,050,000, or AED 1,565 per sqft, 7% above the AED 1,462 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 June 2023, is AED 140,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 20,600 a year.
Sales and rents for 3508 over time
3508 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 3508 sits
All 211 2-beds →3508 last sold in June 2024 at AED 1,565 per sqft, 7% above what two-beds in Rimal 1 were fetching at the time (AED 1,462). 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. 3508's AED 140,000 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. 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 35th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,309 sqft | AED 920KAED 920,000 · Jun 2016June 2016 | 115,763 /yr | |
| 3502 | 2-bed | 1,290 sqft | AED 1.36MAED 1,360,000 · May 2008May 2008 | 165,000 /yr | |
| 3503 | 2-bed | 1,405 sqft | AED 1.1MAED 1,100,000 · Nov 2020November 2020 | 85,000 /yr | |
| 3504 | 2-bed | 1,405 sqft | AED 1.02MAED 1,020,000 · Jan 2011January 2011 | 145,000 /yr | |
| 3505 | 2-bed | 1,405 sqft | AED 1.75MAED 1,750,000 · Dec 2012December 2012 | 180,000 /yr | |
| 3506 | 2-bed | 1,479 sqft | AED 2.3MAED 2,300,000 · May 2025May 2025 | 94,500 /yr | |
| 3507 | 2-bed | 1,383 sqft | AED 1.9MAED 1,900,000 · May 2013May 2013 | 160,000 /yr |
3508, Rimal 1 in numbers
- Sold 3 times: first on 26 March 2013 for AED 820,000, last on 27 June 2024 for AED 2,050,000 (AED 1,565 per sqft).
- Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2018 and recovered to AED 140,000 by June 2023.
- At AED 140,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 20,600 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 27 June 2024.
Questions about 3508, Rimal 1
What did unit 3508 last sell for?
AED 2,050,000 on 27 June 2024: AED 1,565 per sqft for 1,309 sqft. The unit has 3 registered sales; the first was AED 820,000 in March 2013.
What is the rent for unit 3508?
AED 140,000 a year on the contract signed on 1 June 2023. The previous contract, from April 2018, was AED 100,000; the unit has been rented since March 2014.
How big is unit 3508?
1,309 sqft (121.6 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2007.
What is unit 3508 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 3508, Rimal 1
Starts from the last sale price (AED 2.05M, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →