2304, Rimal 2
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Rimal 2
What is 2304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 23rd of 40
- Parking
- M354
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,900 /yr
- Last sold
- AED 599K · April 2009
- Building
- Rimal 2
About 2304, Rimal 2
2304 is a two-bedroom apartment of 1,408 sqft on the 23rd floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 April 2009 for AED 599,000, or AED 425 per sqft, in line with the AED 425 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 31 May 2024, is AED 175,000 a year: a gross yield of 29.2% on the 2009 price, before the service charge of about AED 25,900 a year.
Sales and rents for 2304 over time
2304 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rimal 2, and where 2304 sits
All 52 2-beds →2304 last sold in April 2009 at AED 425 per sqft, in line with what two-beds in Rimal 2 were fetching at the time (AED 425). Over the last 12 months two-beds sold for AED 2,100,000 to 3,250,000, around AED 1,989 per sqft, and rent for AED 122,984 to 176,211 a year. 2304's AED 175,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,408 sqft | 2,800,000 | 1,989 | ||
| 1 Jul 20251 July 2025 | 1,408 sqft | 599,000 | 425 | ||
| 20 Jan 202520 January 2025 | 1,408 sqft | 2,000,000 | 1,420 | ||
| 23 Dec 202423 December 2024 | 1,408 sqft | 2,000,000 | 1,420 |
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 23rd floor
All 156 units in Rimal 22304, Rimal 2 in numbers
- Sold once: by Dubai Properties on 19 April 2009 for AED 599,000, or AED 425 per sqft.
- Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 41,667 in 2014 and recovered to AED 175,000 by May 2024.
- At AED 175,000 a year the gross yield on the 2009 price is 29.2%, before a service charge of about AED 25,900 a year (AED 18.38 per sqft).
- Two-beds in Rimal 2 sold for AED 2,100,000–3,250,000 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 31 May 2024.
Questions about 2304, Rimal 2
What did unit 2304 last sell for?
AED 599,000 on 19 April 2009, sold by the developer: AED 425 per sqft for 1,408 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 175,000 a year on the contract signed on 31 May 2024. The previous contract, from April 2023, was AED 155,000; the unit has been rented since April 2013.
How big is unit 2304?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.
What is unit 2304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 2 sold for AED 2,100,000 to 3,250,000 in the last 12 months, around AED 1,989 per sqft.
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Mortgage on 2304, Rimal 2
Starts from the last sale price (AED 599K, 19 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →