1002, Rimal 2
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Rimal 2
What is 1002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 759 sqft
- Floor
- 10th of 40
- Parking
- B613
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 275K · August 2008
- Building
- Rimal 2
About 1002, Rimal 2
1002 is a studio of 759 sqft on the 10th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 August 2008 for AED 275,000, or AED 362 per sqft, in line with the AED 362 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 66,000 a year: a gross yield of 24.0% on the 2008 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1002 over time
1002 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Rimal 2, and where 1002 sits
All 15 studios →1002 last sold in August 2008 at AED 362 per sqft, in line with what studios in Rimal 2 were fetching at the time (AED 362).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Apr 20252 April 2025 | 455 sqft | 540,000 | 1,186 | ||
| 14 Nov 202414 November 2024 | 759 sqft | 16,947 | 22 | ||
| 7 Nov 20247 November 2024 | 759 sqft | 1,225,000 | 1,614 | ||
| 7 Nov 20247 November 2024 | 759 sqft | 1,225,000 | 1,614 |
Rimal 2
Building156 apartments, studios to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,989
- Typical sale
- AED 2.8M
- Typical rent
- AED 159K /yr
- Typical yield
- 4.9%
Other units on the 10th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,146 sqft | AED 1.85MAED 1,850,000 · Jul 2025July 2025 | 75,000 /yr | |
| 1003 | 1-bed | 1,146 sqft | AED 770KAED 770,000 · Sep 2020September 2020 | 90,000 /yr | |
| 1004 | 1,894 sqft | AED 4.6MAED 4,600,000 · Nov 2025November 2025 | 225,000 /yr | ||
| 1005 | 3-bed | 1,894 sqft | AED 3.7MAED 3,700,000 · Jan 2025January 2025 | 195,500 /yr |
1002, Rimal 2 in numbers
- Sold once: by Dubai Properties on 28 August 2008 for AED 275,000, or AED 362 per sqft.
- Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2022 and recovered to AED 66,000 by May 2025.
- At AED 66,000 a year the gross yield on the 2008 price is 24.0%, before a service charge of about AED 13,900 a year (AED 18.38 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Questions about 1002, Rimal 2
What did unit 1002 last sell for?
AED 275,000 on 28 August 2008, sold by the developer: AED 362 per sqft for 759 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 66,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 60,000; the unit has been rented since May 2016.
How big is unit 1002?
759 sqft (70.5 sqm): a studio on the 10th floor of a 40-storey tower completed in 2007.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1002, Rimal 2
Starts from the last sale price (AED 275K, 28 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →