2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 30th floor · completed 2007

3004, Rimal 2

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 24 June 2023
Last soldAED 3.2M2 February 2015
Current rentAED 149K /yr24 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, Rimal 2

What is 3004 worth today?

Last sold for AED 3,200,000 in 2015

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24 Jun 2023RentedRenewal
AED 148,550/yr24 months · AED 105 per sqft
24 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
17 Jan 2021RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
10 May 2019RentedRenewal
AED 154,154/yr13 months · AED 109 per sqft
10 May 2018RentedRenewal
AED 167,000/yr12 months · AED 118 per sqft
10 May 2017RentedNew contract
AED 167,000/yr12 months · AED 118 per sqft
1 Sep 2016RentedNew contract
AED 167,000/yr12 months · AED 118 per sqft
27 Sep 2015RentedRenewal
AED 170,000/yr12 months · AED 121 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2023.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
30th of 40
Parking
G200
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 3.2M · February 2015
Building
Rimal 2

About 3004, Rimal 2

3004 is a two-bedroom apartment of 1,408 sqft on the 30th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 February 2015 for AED 3,200,000, or AED 2,273 per sqft, 45% above the AED 1,571 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 24 June 2023, is AED 148,550 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3004 over time

Sales
Unit 3004, each saleTypical two-bed in Rimal 2
2M2007201220172022Typical 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 2014: AED 599,000 (AED 425 per sqft)Sold, February 2015: AED 3,200,000 (AED 2,273 per sqft)

3004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3004, 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 2014: AED 170,000 a yearNew contract, September 2014: AED 170,000 a yearRenewal, September 2015: AED 170,000 a yearNew contract, September 2016: AED 167,000 a yearNew contract, May 2017: AED 167,000 a yearRenewal, May 2018: AED 167,000 a yearRenewal, May 2019: AED 154,154 a yearNew contract, January 2021: AED 110,000 a yearNew contract, June 2022: AED 140,000 a yearRenewal, June 2023: AED 148,550 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 3004 sits

All 52 2-beds →

3004 last sold in February 2015 at AED 2,273 per sqft, 45% above what two-beds in Rimal 2 were fetching at the time (AED 1,571). 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. 3004's AED 148,550 is in the lower 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 30th floor

All 156 units in Rimal 2
Value
30012-bedAED 550K · Nov 2007
30022-bedAED 920K · Jul 2008
30032-bedAED 2M · Oct 2014

3004, Rimal 2 in numbers

  • Sold twice: first on 24 February 2014 for AED 599,000, last on 2 February 2015 for AED 3,200,000 (AED 2,273 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 148,550 by June 2023.
  • At AED 148,550 a year the gross yield on the 2015 price is 4.6%, 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 24 June 2023.

Questions about 3004, Rimal 2

What did unit 3004 last sell for?

AED 3,200,000 on 2 February 2015: AED 2,273 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 599,000 in February 2014.

What is the rent for unit 3004?

AED 148,550 a year on the contract renewed on 24 June 2023. The previous contract, from June 2022, was AED 140,000; the unit has been rented since March 2014.

How big is unit 3004?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 30th floor of a 40-storey tower completed in 2007.

What is unit 3004 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 3004, Rimal 2

Starts from the last sale price (AED 3.2M, 2 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →