3-bed · 1,894 sqftRimal 2, Jumeirah Beach Residence · 12th floor · completed 2007

1205, Rimal 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 3.6M5 September 2024
Current rentAED 134K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Rimal 2

What is 1205 worth today?

Last sold for AED 3,600,000 in 2024

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5 Sep 2024SoldReady
AED 3,600,000AED 1,900 per sqft
25 Aug 2023RentedNew contract
AED 134,000/yr12 months · AED 71 per sqft
25 Aug 2022RentedRenewal
AED 134,000/yr12 months · AED 71 per sqft
25 Aug 2021RentedRenewal
AED 134,000/yr12 months · AED 71 per sqft
25 Aug 2020RentedNew contract
AED 134,000/yr12 months · AED 71 per sqft
25 Jul 2018RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft
15 Jun 2017RentedRenewal
AED 190,000/yr12 months · AED 100 per sqft
15 Jun 2016RentedNew contract
AED 210,000/yr12 months · AED 111 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.

Key facts

Type
3-bed apartment
Size
1,894 sqft
Floor
12th of 40
Parking
M296-97
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 3.6M · September 2024
Building
Rimal 2

About 1205, Rimal 2

1205 is a three-bedroom apartment of 1,894 sqft on the 12th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 September 2024 for AED 3,600,000, or AED 1,900 per sqft.

It has been rented continuously since 2011 on 12 Ejari contracts. The current contract, signed on 25 August 2023, is AED 134,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 34,800 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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 by developer, June 2010: AED 699,000 (AED 369 per sqft)Sold, September 2024: AED 3,600,000 (AED 1,900 per sqft)

1205 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, each contractTypical three-bed in Rimal 2
150K200K2011201520192023Typical 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 202,250New contract, October 2011: AED 137,500 a yearNew contract, December 2012: AED 144,375 a yearRenewal, December 2013: AED 151,250 a yearNew contract, June 2014: AED 210,000 a yearRenewal, June 2015: AED 210,000 a yearNew contract, June 2016: AED 210,000 a yearRenewal, June 2017: AED 190,000 a yearNew contract, July 2018: AED 150,000 a yearNew contract, August 2020: AED 134,000 a yearRenewal, August 2021: AED 134,000 a yearRenewal, August 2022: AED 134,000 a yearNew contract, August 2023: AED 134,000 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 1205 sits

All 40 3-beds →

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. 1205's AED 134,000 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 12th floor

All 156 units in Rimal 2
Value
12011-bedAED 1.28M · Aug 2010
1202StudioAED 1.23M · Nov 2024
12031-bedAED 730K · Feb 2018
12043-bedAED 699K · Dec 2007

1205, Rimal 2 in numbers

  • Sold twice: first on 22 June 2010 for AED 699,000, last on 5 September 2024 for AED 3,600,000 (AED 1,900 per sqft).
  • Rented since October 2011 on 12 Ejari contracts, from AED 137,500 to AED 134,000 a year.
  • At AED 134,000 a year the gross yield on the 2024 price is 3.7%, 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 5 September 2024.

Questions about 1205, Rimal 2

What did unit 1205 last sell for?

AED 3,600,000 on 5 September 2024: AED 1,900 per sqft for 1,894 sqft. The unit has 2 registered sales; the first was AED 699,000 in June 2010.

What is the rent for unit 1205?

AED 134,000 a year on the contract signed on 25 August 2023. The previous contract, from August 2022, was AED 134,000; the unit has been rented since October 2011.

How big is unit 1205?

1,894 sqft (176.0 sqm): a three-bedroom apartment on the 12th floor of a 40-storey tower completed in 2007.

What is unit 1205 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 1205, Rimal 2

Starts from the last sale price (AED 3.6M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →