1402, Rimal 2
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Rimal 2
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 759 sqft
- Floor
- 14th of 40
- Parking
- B419
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.23M · September 2024
- Building
- Rimal 2
About 1402, Rimal 2
1402 is a studio of 759 sqft on the 14th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 September 2024 for AED 1,225,000, or AED 1,614 per sqft, in line with the AED 1,614 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 63,250 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1402 over time
1402 has sold 3 times; 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 1402 sits
All 15 studios →1402 last sold in September 2024 at AED 1,614 per sqft, in line with what studios in Rimal 2 were fetching at the time (AED 1,614).
| 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 14th floor
All 156 units in Rimal 21402, Rimal 2 in numbers
- Sold 3 times: first on 17 April 2008 for AED 275,000, last on 4 September 2024 for AED 1,225,000 (AED 1,614 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 72,500 to AED 55,000 in 2022 and recovered to AED 63,250 by March 2024.
- At AED 63,250 a year the gross yield on the 2024 price is 5.2%, 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 4 September 2024.
Questions about 1402, Rimal 2
What did unit 1402 last sell for?
AED 1,225,000 on 4 September 2024: AED 1,614 per sqft for 759 sqft. The unit has 3 registered sales; the first was AED 275,000 in April 2008.
What is the rent for unit 1402?
AED 63,250 a year on the contract renewed on 5 March 2024. The previous contract, from March 2022, was AED 55,000; the unit has been rented since November 2017.
How big is unit 1402?
759 sqft (70.5 sqm): a studio on the 14th floor of a 40-storey tower completed in 2007.
What is unit 1402 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 1402, Rimal 2
Starts from the last sale price (AED 1.23M, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →