2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 24th floor · completed 2007

2404, Rimal 2

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 599K17 February 2008
Current rentAED 152K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Rimal 2

What is 2404 worth today?

Last sold for AED 599,000 in 2008

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1 Apr 2025RentedRenewal
AED 152,250/yr12 months · AED 108 per sqft
1 Apr 2024RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
1 Apr 2023RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
1 Apr 2022RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
15 Mar 2021RentedNew contract
AED 115,000/yr13 months · AED 82 per sqft
26 Jan 2020RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
26 Jun 2019RentedRenewal
AED 129,999/yr7 months · AED 92 per sqft
17 Feb 2008Sold by developerReady
AED 599,000AED 425 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
24th of 40
Parking
M292
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 599K · February 2008
Building
Rimal 2

About 2404, Rimal 2

2404 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 17 February 2008 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 2019 on 7 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 152,250 a year: a gross yield of 25.4% on the 2008 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Rimal 2
1M2M2007201220172022Typical sale price by year: 2007 AED 720,000; 2008 AED 599,000; 2009 AED 599,000; 2010 AED 1,700,000; 2011 AED 599,000; 2012 AED 975,000; 2014 AED 2,000,000; 2015 AED 1,349,500; 2021 AED 1,400,000; 2022 AED 1,740,000; 2023 AED 2,200,000Sold by developer, February 2008: AED 599,000 (AED 425 per sqft)

2404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Rimal 2
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 116,263; 2014 AED 124,201; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 126,143; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 97,250; 2021 AED 90,000; 2022 AED 101,188; 2023 AED 125,000; 2024 AED 130,000; 2025 AED 136,500; 2026 AED 158,800Renewal, June 2019: AED 129,999 a yearRenewal, January 2020: AED 125,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, April 2022: AED 120,000 a yearRenewal, April 2023: AED 135,000 a yearNew contract, April 2024: AED 145,000 a yearRenewal, April 2025: AED 152,250 a year

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 2404 sits

All 52 2-beds →

2404 last sold in February 2008 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. 2404's AED 152,250 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20262,800,000
1 Jul 2025599,000
20 Jan 20252,000,000
23 Dec 20242,000,000
3 2-bed sales 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 24th floor

All 156 units in Rimal 2
Value
24012-bedAED 1.97M · Nov 2022
24022-bedAED 920K · Sep 2007
24032-bedAED 599K · Sep 2015

2404, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 17 February 2008 for AED 599,000, or AED 425 per sqft.
  • Rented since June 2019 on 7 Ejari contracts. The rent fell from AED 129,999 to AED 115,000 in 2021 and recovered to AED 152,250 by April 2025.
  • At AED 152,250 a year the gross yield on the 2008 price is 25.4%, 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 1 April 2025.

Questions about 2404, Rimal 2

What did unit 2404 last sell for?

AED 599,000 on 17 February 2008, 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 2404?

AED 152,250 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 145,000; the unit has been rented since June 2019.

How big is unit 2404?

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 2404 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 2404, Rimal 2

Starts from the last sale price (AED 599K, 17 February 2008). 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 →