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3-bed · 1,903 sqftRimal 2, Jumeirah Beach Residence · 18th floor · completed 2007

1804, Rimal 2

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 17 March 2021
Last soldAED 3.2M17 March 2021
Current rentAED 160K /yr15 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Rimal 2

What is 1804 worth today?

Last sold for AED 3,200,000 in 2021

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17 Mar 2021SoldReady
AED 3,200,000AED 1,681 per sqft
15 Jun 2019RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
15 Jun 2018RentedNew contract
AED 170,000/yr12 months · AED 89 per sqft
5 Mar 2017RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
5 Mar 2015RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
5 Mar 2014RentedNew contract
AED 200,000/yr12 months · AED 105 per sqft
10 Feb 2008Sold by developerReady
AED 699,000AED 367 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2021.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
18th of 40
Parking
M350
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,000 /yr
Last sold
AED 3.2M · March 2021
Building
Rimal 2

About 1804, Rimal 2

1804 is a three-bedroom apartment of 1,903 sqft on the 18th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 March 2021 for AED 3,200,000, or AED 1,681 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 June 2019, is AED 160,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 35,000 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, 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, February 2008: AED 699,000 (AED 367 per sqft)Sold, March 2021: AED 3,200,000 (AED 1,681 per sqft)

1804 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1804, each contractTypical three-bed in Rimal 2
150K200K2012201620202024Typical 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, March 2014: AED 200,000 a yearRenewal, March 2015: AED 200,000 a yearRenewal, March 2017: AED 200,000 a yearNew contract, June 2018: AED 170,000 a yearNew contract, June 2019: AED 160,000 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 1804 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. 1804's AED 160,000 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 18th floor

All 156 units in Rimal 2
Value
18012-bedAED 1.7M · May 2022
18022-bedAED 920K · Oct 2008
18033-bedAED 2M · Nov 2022

1804, Rimal 2 in numbers

  • Sold twice: first on 10 February 2008 for AED 699,000, last on 17 March 2021 for AED 3,200,000 (AED 1,681 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 200,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 5.0%, 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 17 March 2021.

Questions about 1804, Rimal 2

What did unit 1804 last sell for?

AED 3,200,000 on 17 March 2021: AED 1,681 per sqft for 1,903 sqft. The unit has 2 registered sales; the first was AED 699,000 in February 2008.

What is the rent for unit 1804?

AED 160,000 a year on the contract signed on 15 June 2019. The previous contract, from June 2018, was AED 170,000; the unit has been rented since March 2014.

How big is unit 1804?

1,903 sqft (176.8 sqm): a three-bedroom apartment on the 18th floor of a 40-storey tower completed in 2007.

What is unit 1804 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 1804, Rimal 2

Starts from the last sale price (AED 3.2M, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →