3-bed · 1,894 sqftRimal 2, Jumeirah Beach Residence · 11th floor · completed 2007

1104, Rimal 2

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 3.3M28 July 2023
Current rentAED 150K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Rimal 2

What is 1104 worth today?

Last sold for AED 3,300,000 in 2023

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28 Jul 2023SoldReady
AED 3,300,000AED 1,742 per sqft
1 Mar 2022RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft
1 Mar 2021RentedNew contract
AED 138,000/yr12 months · AED 73 per sqft
1 Mar 2020RentedRenewal
AED 145,000/yr12 months · AED 77 per sqft
1 Mar 2017RentedRenewal
AED 177,500/yr12 months · AED 94 per sqft
29 Feb 2016RentedRenewal
AED 184,451/yr12 months · AED 97 per sqft
27 Feb 2013SoldReady
AED 2,500,000AED 1,319 per sqft
4 Feb 2013Sold by developerReady
AED 699,000AED 369 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2023.

Key facts

Type
3-bed apartment
Size
1,894 sqft
Floor
11th of 40
Parking
B629-30
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 3.3M · July 2023
Building
Rimal 2

About 1104, Rimal 2

1104 is a three-bedroom apartment of 1,894 sqft on the 11th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 July 2023 for AED 3,300,000, or AED 1,742 per sqft, in line with the AED 1,742 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 150,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 34,800 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical three-bed in Rimal 2
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2010 AED 2,369,000; 2013 AED 1,599,500; 2014 AED 699,000; 2015 AED 1,142,460; 2017 AED 3,200,000; 2021 AED 2,911,111; 2024 AED 3,325,000; 2025 AED 3,600,000Sold, February 2013: AED 2,500,000 (AED 1,319 per sqft)Sold by developer, February 2013: AED 699,000 (AED 369 per sqft)Sold, July 2023: AED 3,300,000 (AED 1,742 per sqft)

1104 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1104, each contractTypical three-bed in Rimal 2
150K200K2012201620202024Typical rent by year: 2012 AED 151,125; 2013 AED 154,275; 2014 AED 189,908; 2015 AED 185,000; 2016 AED 185,000; 2017 AED 177,500; 2018 AED 170,000; 2019 AED 150,000; 2020 AED 142,500; 2021 AED 125,000; 2022 AED 150,000; 2023 AED 167,500; 2024 AED 183,500; 2025 AED 202,250Renewal, February 2016: AED 184,451 a yearRenewal, March 2017: AED 177,500 a yearRenewal, March 2020: AED 145,000 a yearNew contract, March 2021: AED 138,000 a yearRenewal, March 2022: AED 150,000 a year

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

3-beds in Rimal 2, and where 1104 sits

All 40 3-beds →

1104 last sold in July 2023 at AED 1,742 per sqft, in line with what three-beds in Rimal 2 were fetching at the time (AED 1,742). Over the last 12 months three-beds sold for AED 4,600,000, around AED 2,428 per sqft, and rent for AED 166,980 to 230,000 a year. 1104's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Jul 20254,100,000
23 May 20253,600,000
22 May 20253,050,000
25 Apr 20253,500,000
1 3-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 11th floor

All 156 units in Rimal 2
Value
11011-bedAED 1.49M · May 2023
1102StudioAED 1.15M · Feb 2014
11031-bedAED 1.4M · Sep 2013
11053-bedAED 3.7M · Oct 2024

1104, Rimal 2 in numbers

  • Sold 3 times: first on 4 February 2013 for AED 699,000, last on 28 July 2023 for AED 3,300,000 (AED 1,742 per sqft).
  • Rented since February 2016 on 5 Ejari contracts, from AED 184,451 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 34,800 a year (AED 18.38 per sqft).
  • Three-beds in Rimal 2 sold for AED 4,600,000–4,600,000 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 28 July 2023.

Questions about 1104, Rimal 2

What did unit 1104 last sell for?

AED 3,300,000 on 28 July 2023: AED 1,742 per sqft for 1,894 sqft. The unit has 3 registered sales; the first was AED 699,000 in February 2013.

What is the rent for unit 1104?

AED 150,000 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 138,000; the unit has been rented since February 2016.

How big is unit 1104?

1,894 sqft (176.0 sqm): a three-bedroom apartment on the 11th floor of a 40-storey tower completed in 2007.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 2 sold for AED 4,600,000 to 4,600,000 in the last 12 months, around AED 2,428 per sqft.

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Mortgage on 1104, Rimal 2

Starts from the last sale price (AED 3.3M, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →