1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 1st floor · completed 2007

103, Rimal 2

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 870K31 October 2011
Current rentAED 70K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Rimal 2

What is 103 worth today?

Last sold for AED 870,000 in 2011

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1 Aug 2023RentedRenewal
AED 69,960/yr12 months · AED 61 per sqft
1 Aug 2022RentedRenewal
AED 63,600/yr12 months · AED 55 per sqft
1 Aug 2021RentedRenewal
AED 53,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 53,000/yr12 months · AED 46 per sqft
21 May 2019RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
16 May 2018RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
16 May 2017RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
1 Apr 2016RentedRenewal
AED 99,750/yr12 months · AED 87 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
1st of 40
Parking
B431
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 870K · October 2011
Building
Rimal 2

About 103, Rimal 2

103 is a one-bedroom apartment of 1,146 sqft on the 1st floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 October 2011 for AED 870,000, or AED 758 per sqft, in line with the AED 739 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 69,960 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 21,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Rimal 2
1M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 380,000; 2009 AED 397,500; 2010 AED 657,500; 2011 AED 870,000; 2012 AED 380,000; 2013 AED 1,090,000; 2025 AED 1,635,000Sold by developer, September 2008: AED 356,250 (AED 310 per sqft)Sold, October 2011: AED 870,000 (AED 758 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Rimal 2
50K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 105,250; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 87,000; 2019 AED 79,000; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 99,613; 2025 AED 115,000New contract, February 2012: AED 85,000 a yearNew contract, April 2015: AED 95,000 a yearRenewal, April 2016: AED 99,750 a yearNew contract, May 2017: AED 95,000 a yearRenewal, May 2018: AED 90,000 a yearNew contract, May 2019: AED 80,000 a yearNew contract, August 2020: AED 53,000 a yearRenewal, August 2021: AED 53,000 a yearRenewal, August 2022: AED 63,600 a yearRenewal, August 2023: AED 69,960 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rimal 2, and where 103 sits

All 30 1-beds →

103 last sold in October 2011 at AED 758 per sqft, in line with what one-beds in Rimal 2 were fetching at the time (AED 739). Over the last 12 months one-beds sold for AED 1,675,000, around AED 1,461 per sqft, and rent for AED 103,333 to 105,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Jan 20261,675,000
29 Jul 20251,850,000
17 Jun 20251,635,000
24 Apr 20251,355,000
1 1-bed sale in the last 12 months

Rimal 2

Building

156 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%
Rimal 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 156 units in Rimal 2
Value
1011-bedAED 356K · Dec 2013
102StudioAED 540K · Apr 2025
1043-bedAED 3.05M · May 2025
1053-bedAED 699K · Nov 2017

103, Rimal 2 in numbers

  • Sold twice: first on 4 September 2008 for AED 356,250, last on 31 October 2011 for AED 870,000 (AED 758 per sqft).
  • Rented since February 2012 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 53,000 in 2021 and recovered to AED 69,960 by August 2023.
  • At AED 69,960 a year the gross yield on the 2011 price is 8.0%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
  • One-beds in Rimal 2 sold for AED 1,675,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Questions about 103, Rimal 2

What did unit 103 last sell for?

AED 870,000 on 31 October 2011: AED 758 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 356,250 in September 2008.

What is the rent for unit 103?

AED 69,960 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 63,600; the unit has been rented since February 2012.

How big is unit 103?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 1st floor of a 40-storey tower completed in 2007.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 2 sold for AED 1,675,000 to 1,675,000 in the last 12 months, around AED 1,461 per sqft.

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Mortgage on 103, Rimal 2

Starts from the last sale price (AED 870K, 31 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →