2402, Rimal 2
Sold prices and rental history: sold once, by the developer in September 2007, 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 2402, Rimal 2
What is 2402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 24th of 40
- Parking
- M338
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,900 /yr
- Last sold
- AED 920K · September 2007
- Building
- Rimal 2
About 2402, Rimal 2
2402 is a two-bedroom apartment of 1,408 sqft on the 24th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 6 September 2007 for AED 920,000, or AED 653 per sqft, in line with the AED 653 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 25 April 2024, is AED 104,742 a year: a gross yield of 11.4% on the 2007 price, before the service charge of about AED 25,900 a year.
Sales and rents for 2402 over time
2402 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 2402 sits
All 52 2-beds →2402 last sold in September 2007 at AED 653 per sqft, in line with what two-beds in Rimal 2 were fetching at the time (AED 653). 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. 2402's AED 104,742 is at the bottom 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 24th floor
All 156 units in Rimal 22402, Rimal 2 in numbers
- Sold once: by Dubai Properties on 6 September 2007 for AED 920,000, or AED 653 per sqft.
- Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2021 and recovered to AED 104,742 by April 2024.
- At AED 104,742 a year the gross yield on the 2007 price is 11.4%, 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 25 April 2024.
Questions about 2402, Rimal 2
What did unit 2402 last sell for?
AED 920,000 on 6 September 2007, sold by the developer: AED 653 per sqft for 1,408 sqft. It is the only registered sale of the unit.
What is the rent for unit 2402?
AED 104,742 a year on the contract signed on 25 April 2024. The previous contract, from April 2023, was AED 91,080; the unit has been rented since January 2013.
How big is unit 2402?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.
What is unit 2402 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 2402, Rimal 2
Starts from the last sale price (AED 920K, 6 September 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus AED 43,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →