1703, Rimal 2
Sold prices and rental history: sold twice, last in July 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Rimal 2
What is 1703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 1,904 sqft
- Floor
- 17th of 40
- Parking
- M324-25
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 35,000 /yr
- Last sold
- AED 3.1M · July 2017
- Building
- Rimal 2
About 1703, Rimal 2
1703 is a three-bedroom apartment of 1,904 sqft on the 17th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 July 2017 for AED 3,100,000, or AED 1,628 per sqft, 3% below the AED 1,681 three-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 16 May 2016, is AED 197,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 35,000 a year.
Sales and rents for 1703 over time
1703 has sold twice; 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 1703 sits
All 40 3-beds →1703 last sold in July 2017 at AED 1,628 per sqft, 3% below what three-beds in Rimal 2 were fetching at the time (AED 1,681). 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. 1703's AED 197,000 is in the lower 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 17th floor
All 156 units in Rimal 21703, Rimal 2 in numbers
- Sold twice: first on 28 August 2008 for AED 699,000, last on 23 July 2017 for AED 3,100,000 (AED 1,628 per sqft).
- Rented since May 2014 on 2 Ejari contracts, from AED 190,000 to AED 197,000 a year.
- At AED 197,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 35,000 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 23 July 2017.
Questions about 1703, Rimal 2
What did unit 1703 last sell for?
AED 3,100,000 on 23 July 2017: AED 1,628 per sqft for 1,904 sqft. The unit has 2 registered sales; the first was AED 699,000 in August 2008.
What is the rent for unit 1703?
AED 197,000 a year on the contract renewed on 16 May 2016. The previous contract, from May 2014, was AED 190,000.
How big is unit 1703?
1,904 sqft (176.9 sqm): a three-bedroom apartment on the 17th floor of a 40-storey tower completed in 2007.
What is unit 1703 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 1703, Rimal 2
Starts from the last sale price (AED 3.1M, 23 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →