1404, Rimal 2
Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Rimal 2
What is 1404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,894 sqft
- Floor
- 14th of 40
- Parking
- M294-95
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,800 /yr
- Last sold
- AED 699K · February 2008
- Building
- Rimal 2
About 1404, Rimal 2
1404 is a three-bedroom apartment of 1,894 sqft on the 14th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 February 2008 for AED 699,000, or AED 369 per sqft, in line with the AED 369 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 95,000 a year: a gross yield of 13.6% on the 2008 price, before the service charge of about AED 34,800 a year.
Sales and rents for 1404 over time
1404 has sold once; the dashed line is the three-bed median of each year in the building.
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 1404 sits
All 40 3-beds →1404 last sold in February 2008 at AED 369 per sqft, in line with what three-beds in Rimal 2 were fetching at the time (AED 369). 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. 1404's AED 95,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 1,894 sqft | 4,100,000 | 2,164 | ||
| 23 May 202523 May 2025 | 1,894 sqft | 3,600,000 | 1,900 | ||
| 22 May 202522 May 2025 | 1,894 sqft | 3,050,000 | 1,610 | ||
| 25 Apr 202525 April 2025 | 1,903 sqft | 3,500,000 | 1,838 |
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 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 1,146 sqft | AED 415KAED 415,000 · Sep 2007September 2007 | ||
| 1402 | Studio | 759 sqft | AED 1.23MAED 1,225,000 · Sep 2024September 2024 | 63,250 /yr | |
| 1403 | 1-bed | 1,146 sqft | AED 910KAED 910,000 · Feb 2011February 2011 | 200,000 /yr | |
| 1405 | 3-bed | 1,894 sqft | AED 3MAED 3,000,000 · Jan 2013January 2013 | 240,000 /yr |
1404, Rimal 2 in numbers
- Sold once: by Dubai Properties on 26 February 2008 for AED 699,000, or AED 369 per sqft.
- Rented since March 2015 on 5 Ejari contracts, from AED 240,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2008 price is 13.6%, 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 15 December 2022.
Questions about 1404, Rimal 2
What did unit 1404 last sell for?
AED 699,000 on 26 February 2008, sold by the developer: AED 369 per sqft for 1,894 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 95,000 a year on the contract renewed on 15 December 2022. The previous contract, from November 2020, was AED 140,000; the unit has been rented since March 2015.
How big is unit 1404?
1,894 sqft (176.0 sqm): a three-bedroom apartment on the 14th floor of a 40-storey tower completed in 2007.
What is unit 1404 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 1404, Rimal 2
Starts from the last sale price (AED 699K, 26 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →