1504, Rimal 2
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Rimal 2
What is 1504 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,894 sqft
- Floor
- 15th of 40
- Parking
- M308-9
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,800 /yr
- Last sold
- AED 699K · June 2015
- Building
- Rimal 2
About 1504, Rimal 2
1504 is a three-bedroom apartment of 1,894 sqft on the 15th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 June 2015 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 2014 on 11 Ejari contracts. The current contract, signed on 1 September 2024, is AED 200,000 a year: a gross yield of 28.6% on the 2015 price, before the service charge of about AED 34,800 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 40 3-beds →1504 last sold in June 2015 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. 1504's AED 200,000 is in the upper half 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 15th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,146 sqft | AED 1.2MAED 1,200,000 · Jan 2013January 2013 | 80,000 /yr | |
| 1502 | Studio | 759 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 68,000 /yr | |
| 1503 | 1-bed | 1,146 sqft | AED 1.65MAED 1,650,000 · Nov 2024November 2024 | 80,000 /yr | |
| 1505 | 3-bed | 1,894 sqft | AED 699KAED 699,000 · Oct 2007October 2007 | 166,980 /yr |
1504, Rimal 2 in numbers
- Sold once: by Dubai Properties on 11 June 2015 for AED 699,000, or AED 369 per sqft.
- Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 185,000 to AED 120,000 in 2020 and recovered to AED 200,000 by September 2024.
- At AED 200,000 a year the gross yield on the 2015 price is 28.6%, 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 1 September 2024.
Questions about 1504, Rimal 2
What did unit 1504 last sell for?
AED 699,000 on 11 June 2015, 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 1504?
AED 200,000 a year on the contract signed on 1 September 2024. The previous contract, from March 2024, was AED 175,000; the unit has been rented since June 2014.
How big is unit 1504?
1,894 sqft (176.0 sqm): a three-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1504 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.
Selling 1504? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1504, Rimal 2
Starts from the last sale price (AED 699K, 11 June 2015). 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 →