2308, Rimal 4
Sold prices and rental history: sold 5 times, last in November 2022, 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 4
What is 2308 worth today?
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Source: Dubai Land Department. Updated 29 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,296 sqft
- Floor
- 23rd of 37
- Parking
- G299
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2.05M · November 2022
- Building
- Rimal 4
About 2308, Rimal 4
2308 is a two-bedroom apartment of 1,296 sqft on the 23rd floor of Rimal 4, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 November 2022 for AED 2,050,000, or AED 1,581 per sqft, 21% above the AED 1,309 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 99,750 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 22,300 a year.
Sales and rents for 2308 over time
2308 has sold 5 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 4, and where 2308 sits
All 89 2-beds →2308 last sold in November 2022 at AED 1,581 per sqft, 21% above what two-beds in Rimal 4 were fetching at the time (AED 1,309). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,759 per sqft, and rent for AED 100,000 to 290,000 a year. 2308's AED 99,750 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 1,296 sqft | 2,100,000 | 1,619 | ||
| 17 Apr 202617 April 2026 | 1,296 sqft | 2,000,000 | 1,542 | ||
| 26 Mar 202626 March 2026 | 1,396 sqft | 2,650,000 | 1,898 | ||
| 16 Jan 202616 January 2026 | 1,296 sqft | 2,500,000 | 1,928 |
Rimal 4
Building243 apartments, studios to 4-bed over 37 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,628
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.7%
Other units on the 23rd floor
All 243 units in Rimal 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,296 sqft | AED 1.67MAED 1,665,500 · Nov 2016November 2016 | ||
| 2302 | 2-bed | 1,296 sqft | AED 1.57MAED 1,565,000 · Mar 2019March 2019 | 155,000 /yr | |
| 2303 | 2-bed | 1,396 sqft | AED 2.65MAED 2,650,000 · Mar 2026March 2026 | 23,333 /yr | |
| 2304 | 2-bed | 1,396 sqft | AED 2MAED 2,000,000 · Nov 2024November 2024 | 150,000 /yr | |
| 2305 | 2-bed | 1,396 sqft | AED 550KAED 550,000 · Jun 2009June 2009 | 126,000 /yr | |
| 2306 | 2-bed | 1,396 sqft | AED 1.7MAED 1,700,000 · Jan 2013January 2013 | 145,000 /yr | |
| 2307 | 2-bed | 1,296 sqft | AED 300KAED 299,500 · Jul 2010July 2010 | 85,000 /yr |
2308, Rimal 4 in numbers
- Sold 5 times: first on 24 June 2008 for AED 599,000, last on 29 November 2022 for AED 2,050,000 (AED 1,581 per sqft).
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 99,750 by October 2022.
- At AED 99,750 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 22,300 a year (AED 17.18 per sqft).
- Two-beds in Rimal 4 sold for AED 2,000,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,628 per sqft.
Source: Dubai Land Department. Updated 29 November 2022.
Questions about 2308, Rimal 4
What did unit 2308 last sell for?
AED 2,050,000 on 29 November 2022: AED 1,581 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 599,000 in June 2008.
What is the rent for unit 2308?
AED 99,750 a year on the contract renewed on 25 October 2022. The previous contract, from October 2021, was AED 95,000; the unit has been rented since May 2015.
How big is unit 2308?
1,296 sqft (120.4 sqm): a two-bedroom apartment on the 23rd floor of a 37-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 4 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,759 per sqft.
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Mortgage on 2308, Rimal 4
Starts from the last sale price (AED 2.05M, 29 November 2022). 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 →