2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 28th floor · completed 2007

2803, Rimal 2

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 1.5M29 September 2013
Current rentAED 172K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Rimal 2

What is 2803 worth today?

Last sold for AED 1,500,000 in 2013

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14 Feb 2024RentedNew contract
AED 172,000/yr12 months · AED 122 per sqft
14 Feb 2023RentedNew contract
AED 169,513/yr12 months · AED 120 per sqft
15 Feb 2022RentedRenewal
AED 122,000/yr12 months · AED 87 per sqft
15 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
10 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
10 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
1 Feb 2018RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
1 Feb 2017RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2024.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
28th of 40
Parking
G293
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.5M · September 2013
Building
Rimal 2

About 2803, Rimal 2

2803 is a two-bedroom apartment of 1,408 sqft on the 28th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 September 2013 for AED 1,500,000, or AED 1,065 per sqft, 21% below the AED 1,349 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 14 February 2024, is AED 172,000 a year: a gross yield of 11.5% on the 2013 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, March 2011: AED 599,000 (AED 425 per sqft)Sold, September 2013: AED 1,500,000 (AED 1,065 per sqft)

2803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, 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, February 2017: AED 160,000 a yearNew contract, February 2018: AED 160,000 a yearNew contract, January 2019: AED 130,000 a yearRenewal, January 2020: AED 130,000 a yearNew contract, February 2021: AED 100,000 a yearRenewal, February 2022: AED 122,000 a yearNew contract, February 2023: AED 169,513 a yearNew contract, February 2024: AED 172,000 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 2803 sits

All 52 2-beds →

2803 last sold in September 2013 at AED 1,065 per sqft, 21% below what two-beds in Rimal 2 were fetching at the time (AED 1,349). 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. 2803's AED 172,000 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 28th floor

All 156 units in Rimal 2
Value
28012-bedAED 550K · Nov 2007
28022-bedAED 1.9M · Jun 2013
28042-bedAED 599K · Jul 2025

2803, Rimal 2 in numbers

  • Sold twice: first on 17 March 2011 for AED 599,000, last on 29 September 2013 for AED 1,500,000 (AED 1,065 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2021 and recovered to AED 172,000 by February 2024.
  • At AED 172,000 a year the gross yield on the 2013 price is 11.5%, 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 14 February 2024.

Questions about 2803, Rimal 2

What did unit 2803 last sell for?

AED 1,500,000 on 29 September 2013: AED 1,065 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 599,000 in March 2011.

What is the rent for unit 2803?

AED 172,000 a year on the contract signed on 14 February 2024. The previous contract, from February 2023, was AED 169,513; the unit has been rented since February 2017.

How big is unit 2803?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 28th floor of a 40-storey tower completed in 2007.

What is unit 2803 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 2803, Rimal 2

Starts from the last sale price (AED 1.5M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →