2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 31st floor · completed 2007

3101, Rimal 2

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 720K26 December 2007
Current rentAED 140K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Rimal 2

What is 3101 worth today?

Last sold for AED 720,000 in 2007

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10 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
8 Apr 2023RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
8 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
11 Dec 2020RentedRenewal
AED 116,000/yr6 months · AED 82 per sqft
11 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
11 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
15 Nov 2016RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
25 Jul 2015RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
31st of 40
Parking
G201
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 720K · December 2007
Building
Rimal 2

About 3101, Rimal 2

3101 is a two-bedroom apartment of 1,408 sqft on the 31st floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 December 2007 for AED 720,000, or AED 511 per sqft, in line with the AED 511 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 August 2024, is AED 140,000 a year: a gross yield of 19.4% on the 2007 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, 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, December 2007: AED 720,000 (AED 511 per sqft)

3101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3101, 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, May 2013: AED 125,000 a yearNew contract, July 2014: AED 160,000 a yearNew contract, July 2015: AED 160,000 a yearNew contract, November 2016: AED 140,000 a yearNew contract, December 2018: AED 120,000 a yearRenewal, December 2019: AED 120,000 a yearRenewal, December 2020: AED 116,000 a yearNew contract, April 2022: AED 130,000 a yearRenewal, April 2023: AED 130,000 a yearNew contract, August 2024: AED 140,000 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 3101 sits

All 52 2-beds →

3101 last sold in December 2007 at AED 511 per sqft, in line with what two-beds in Rimal 2 were fetching at the time (AED 511). 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. 3101's AED 140,000 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 31st floor

All 156 units in Rimal 2
Value
31022-bedAED 720K · Feb 2008
31032-bedAED 1.9M · Oct 2011
31042-bedAED 599K · Aug 2009

3101, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 26 December 2007 for AED 720,000, or AED 511 per sqft.
  • Rented since May 2013 on 10 Ejari contracts, from AED 125,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2007 price is 19.4%, 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 10 August 2024.

Questions about 3101, Rimal 2

What did unit 3101 last sell for?

AED 720,000 on 26 December 2007, sold by the developer: AED 511 per sqft for 1,408 sqft. It is the only registered sale of the unit.

What is the rent for unit 3101?

AED 140,000 a year on the contract signed on 10 August 2024. The previous contract, from April 2023, was AED 130,000; the unit has been rented since May 2013.

How big is unit 3101?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 31st floor of a 40-storey tower completed in 2007.

What is unit 3101 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 3101, Rimal 2

Starts from the last sale price (AED 720K, 26 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus AED 35,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →