2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Rimal 2

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 2.2M3 July 2023
Current rentAED 88K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Rimal 2

What is 2901 worth today?

Last sold for AED 2,200,000 in 2023

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3 Jul 2023SoldReady
AED 2,200,000AED 1,563 per sqft
1 Aug 2022RentedRenewal
AED 88,004/yr12 months · AED 63 per sqft
1 Jun 2021RentedNew contract
AED 80,004/yr14 months · AED 57 per sqft
9 Jan 2020RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
9 Jan 2019RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
9 Jan 2016RentedRenewal
AED 140,000/yr12 months · AED 99 per sqft
9 Jan 2014RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
18 Nov 2007Sold by developerReady
AED 550,000AED 390 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2023.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
29th of 40
Parking
G295
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.2M · July 2023
Building
Rimal 2

About 2901, Rimal 2

2901 is a two-bedroom apartment of 1,408 sqft on the 29th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 July 2023 for AED 2,200,000, or AED 1,563 per sqft, 12% above the AED 1,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 88,004 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, November 2007: AED 550,000 (AED 390 per sqft)Sold, July 2023: AED 2,200,000 (AED 1,563 per sqft)

2901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, 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, January 2014: AED 120,000 a yearRenewal, January 2016: AED 140,000 a yearRenewal, January 2019: AED 115,000 a yearRenewal, January 2020: AED 100,000 a yearNew contract, June 2021: AED 80,004 a yearRenewal, August 2022: AED 88,004 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 2901 sits

All 52 2-beds →

2901 last sold in July 2023 at AED 1,563 per sqft, 12% above what two-beds in Rimal 2 were fetching at the time (AED 1,396). 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. 2901's AED 88,004 is at the bottom 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 29th floor

All 156 units in Rimal 2
Value
29022-bedAED 920K · Sep 2007
29032-bedAED 599K · Jan 2019
29042-bedAED 2.75M · Apr 2017

2901, Rimal 2 in numbers

  • Sold twice: first on 18 November 2007 for AED 550,000, last on 3 July 2023 for AED 2,200,000 (AED 1,563 per sqft).
  • Rented since January 2014 on 6 Ejari contracts, from AED 120,000 to AED 88,004 a year.
  • At AED 88,004 a year the gross yield on the 2023 price is 4.0%, 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 3 July 2023.

Questions about 2901, Rimal 2

What did unit 2901 last sell for?

AED 2,200,000 on 3 July 2023: AED 1,563 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 550,000 in November 2007.

What is the rent for unit 2901?

AED 88,004 a year on the contract renewed on 1 August 2022. The previous contract, from June 2021, was AED 80,004; the unit has been rented since January 2014.

How big is unit 2901?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 29th floor of a 40-storey tower completed in 2007.

What is unit 2901 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 2901, Rimal 2

Starts from the last sale price (AED 2.2M, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →