2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 27th floor · completed 2007

2704, Rimal 1

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 2 July 2025
Last soldAED 2.43M12 March 2014
Current rentAED 135K /yr2 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Rimal 1

What is 2704 worth today?

Last sold for AED 2,425,000 in 2014

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2 Jul 2025RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
1 Jul 2025RentedRenewal
AED 116,645/yr12 months · AED 83 per sqft
1 Jul 2024RentedRenewal
AED 126,000/yr12 months · AED 89 per sqft
1 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
1 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
1 Jul 2019RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
1 Jun 2018RentedNew contract
AED 115,000/yr13 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2025.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
27th of 47
Parking
B735
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.43M · March 2014
Building
Rimal 1

About 2704, Rimal 1

2704 is a two-bedroom apartment of 1,405 sqft on the 27th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 March 2014 for AED 2,425,000, or AED 1,725 per sqft, 55% above the AED 1,116 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 2 July 2025, is AED 135,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, September 2007: AED 599,000 (AED 426 per sqft)Sold, March 2014: AED 2,425,000 (AED 1,725 per sqft)

2704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, 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, May 2016: AED 145,000 a yearNew contract, May 2017: AED 145,000 a yearNew contract, June 2018: AED 115,000 a yearRenewal, July 2019: AED 110,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 100,000 a yearRenewal, July 2023: AED 120,000 a yearRenewal, July 2024: AED 126,000 a yearNew contract, July 2025: AED 135,000 a yearRenewal, July 2025: AED 116,645 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 2704 sits

All 205 2-beds →

2704 last sold in March 2014 at AED 1,725 per sqft, 55% above what two-beds in Rimal 1 were fetching at the time (AED 1,116). 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. 2704's AED 135,000 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 27th floor

All 310 units in Rimal 1
Value
27012-bedAED 820K · Dec 2008
27022-bedAED 1.11M · Dec 2020
27032-bedAED 1.4M · Nov 2018
27052-bedAED 1.22M · Mar 2011
27062-bedAED 2M · Jun 2022
27072-bedAED 2.13M · Nov 2022
27082-bedAED 1.06M · Dec 2019

2704, Rimal 1 in numbers

  • Sold twice: first on 17 September 2007 for AED 599,000, last on 12 March 2014 for AED 2,425,000 (AED 1,725 per sqft).
  • Rented since May 2016 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2021 and recovered to AED 135,000 by July 2025.
  • At AED 135,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 22,100 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 2 July 2025.

Questions about 2704, Rimal 1

What did unit 2704 last sell for?

AED 2,425,000 on 12 March 2014: AED 1,725 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 599,000 in September 2007.

What is the rent for unit 2704?

AED 135,000 a year on the contract signed on 2 July 2025. The previous contract, from July 2025, was AED 116,645; the unit has been rented since May 2016.

How big is unit 2704?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2704 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 2704, Rimal 1

Starts from the last sale price (AED 2.43M, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

Plus AED 106,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →