2-bed · 1,294 sqftRimal 1, Jumeirah Beach Residence · 24th floor · completed 2007

2407, Rimal 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 2.18M27 March 2024
Current rentAED 157K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Rimal 1

What is 2407 worth today?

Last sold for AED 2,175,000 in 2024

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3 Oct 2025RentedNew contract
AED 157,000/yr12 months · AED 121 per sqft
27 Mar 2024SoldReady
AED 2,175,000AED 1,681 per sqft
8 Dec 2023SoldReady
AED 1,400,000AED 1,082 per sqft
14 Oct 2023RentedRenewal
AED 99,000/yr12 months · AED 77 per sqft
14 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
31 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
21 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
4 Oct 2012Sold by developerReady
AED 599,000AED 463 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2025.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
24th of 47
Parking
B798
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 2.18M · March 2024
Building
Rimal 1

About 2407, Rimal 1

2407 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. It last sold on 27 March 2024 for AED 2,175,000, or AED 1,681 per sqft, 18% above the AED 1,427 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 3 October 2025, is AED 157,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, October 2012: AED 599,000 (AED 463 per sqft)Sold, December 2023: AED 1,400,000 (AED 1,082 per sqft)Sold, March 2024: AED 2,175,000 (AED 1,681 per sqft)

2407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, December 2020: AED 70,000 a yearNew contract, January 2022: AED 85,000 a yearNew contract, October 2022: AED 90,000 a yearRenewal, October 2023: AED 99,000 a yearNew contract, October 2025: AED 157,000 a year

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 2407 sits

All 205 2-beds →

2407 last sold in March 2024 at AED 1,681 per sqft, 18% above what two-beds in Rimal 1 were fetching at the time (AED 1,427). Over the last 12 months two-beds sold for AED 2,200,000 to 2,250,000, around AED 1,582 per sqft, and rent for AED 105,000 to 220,000 a year. 2407's AED 157,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,545
Typical sale
AED 2.43M
Typical rent
AED 135K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 24th floor

All 310 units in Rimal 1
Value
24012-bedAED 1.8M · Dec 2021
24022-bedAED 820K · Mar 2009
24032-bedAED 2.4M · Jul 2008
24042-bedAED 599K · Nov 2007
24052-bedAED 2M · Sep 2016
24062-bedAED 1.25M · Aug 2011
24082-bedAED 1.07M · Feb 2008

2407, Rimal 1 in numbers

  • Sold 3 times: first on 4 October 2012 for AED 599,000, last on 27 March 2024 for AED 2,175,000 (AED 1,681 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 70,000 to AED 157,000 a year.
  • At AED 157,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 20,300 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 2,200,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2025.

Questions about 2407, Rimal 1

What did unit 2407 last sell for?

AED 2,175,000 on 27 March 2024: AED 1,681 per sqft for 1,294 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2012.

What is the rent for unit 2407?

AED 157,000 a year on the contract signed on 3 October 2025. The previous contract, from October 2023, was AED 99,000; the unit has been rented since December 2020.

How big is unit 2407?

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 2407 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 2,200,000 to 2,250,000 in the last 12 months, around AED 1,582 per sqft.

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Mortgage on 2407, Rimal 1

Starts from the last sale price (AED 2.18M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

Plus AED 96,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →