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

3102, Rimal 2

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 720K21 February 2008
Current rentAED 125K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, Rimal 2

What is 3102 worth today?

Last sold for AED 720,000 in 2008

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20 Sep 2024RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
21 Mar 2023RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
21 Mar 2022RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
1 Jan 2019RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
1 Jan 2018RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
15 Dec 2016RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
28 Jul 2015RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
21 Feb 2008Sold by developerReady
AED 720,000AED 511 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
31st of 40
Parking
M344
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 720K · February 2008
Building
Rimal 2

About 3102, Rimal 2

3102 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 21 February 2008 for AED 720,000, or AED 511 per sqft, 20% above the AED 425 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 September 2024, is AED 125,000 a year: a gross yield of 17.4% on the 2008 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, 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, February 2008: AED 720,000 (AED 511 per sqft)

3102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3102, 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, July 2015: AED 140,000 a yearNew contract, December 2016: AED 135,000 a yearNew contract, January 2018: AED 140,000 a yearRenewal, January 2019: AED 135,000 a yearNew contract, March 2022: AED 125,000 a yearRenewal, March 2023: AED 125,000 a yearNew contract, September 2024: AED 125,000 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 3102 sits

All 52 2-beds →

3102 last sold in February 2008 at AED 511 per sqft, 20% above what two-beds in Rimal 2 were fetching at the time (AED 425). 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. 3102's AED 125,000 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
31012-bedAED 720K · Dec 2007
31032-bedAED 1.9M · Oct 2011
31042-bedAED 599K · Aug 2009

3102, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 21 February 2008 for AED 720,000, or AED 511 per sqft.
  • Rented since July 2015 on 7 Ejari contracts, from AED 140,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2008 price is 17.4%, 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 20 September 2024.

Questions about 3102, Rimal 2

What did unit 3102 last sell for?

AED 720,000 on 21 February 2008, 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 3102?

AED 125,000 a year on the contract signed on 20 September 2024. The previous contract, from March 2023, was AED 125,000; the unit has been rented since July 2015.

How big is unit 3102?

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 3102 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 3102, Rimal 2

Starts from the last sale price (AED 720K, 21 February 2008). 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 →