2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 25th floor · completed 2007

2503, Rimal 2

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.7M1 November 2016
Current rentAED 170K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Rimal 2

What is 2503 worth today?

Last sold for AED 2,700,000 in 2016

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1 Jul 2024RentedRenewal
AED 170,000/yr12 months · AED 121 per sqft
1 Jul 2023RentedNew contract
AED 180,000/yr12 months · AED 128 per sqft
26 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
13 Mar 2017RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
1 Nov 2016SoldReady
AED 2,700,000AED 1,918 per sqft
13 Mar 2016RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
26 Dec 2012SoldReady
AED 2,300,000AED 1,634 per sqft
30 Dec 2008Sold by developerReady
AED 599,000AED 425 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
25th of 40
Parking
G301
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.7M · November 2016
Building
Rimal 2

About 2503, Rimal 2

2503 is a two-bedroom apartment of 1,408 sqft on the 25th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 November 2016 for AED 2,700,000, or AED 1,918 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 170,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical two-bed in Rimal 2
1M2M3M2007201220172022Typical 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, December 2008: AED 599,000 (AED 425 per sqft)Sold, December 2012: AED 2,300,000 (AED 1,634 per sqft)Sold, November 2016: AED 2,700,000 (AED 1,918 per sqft)

2503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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 158,800New contract, March 2016: AED 150,000 a yearNew contract, March 2017: AED 150,000 a yearNew contract, September 2020: AED 110,000 a yearNew contract, July 2023: AED 180,000 a yearRenewal, July 2024: AED 170,000 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 2503 sits

All 52 2-beds →

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. 2503's AED 170,000 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 25th floor

All 156 units in Rimal 2
Value
25012-bedAED 2.43M · Feb 2014
25022-bedAED 1.3M · Sep 2018
25042-bedAED 1.91M · Dec 2010

2503, Rimal 2 in numbers

  • Sold 3 times: first on 30 December 2008 for AED 599,000, last on 1 November 2016 for AED 2,700,000 (AED 1,918 per sqft).
  • Rented since March 2016 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 170,000 by July 2024.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.3%, 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 July 2024.

Questions about 2503, Rimal 2

What did unit 2503 last sell for?

AED 2,700,000 on 1 November 2016: AED 1,918 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 599,000 in December 2008.

What is the rent for unit 2503?

AED 170,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 180,000; the unit has been rented since March 2016.

How big is unit 2503?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.

What is unit 2503 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 2503, Rimal 2

Starts from the last sale price (AED 2.7M, 1 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →