2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 32nd floor · completed 2007

3202, Rimal 2

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.5M25 July 2022
Current rentAED 140K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, Rimal 2

What is 3202 worth today?

Last sold for AED 1,500,000 in 2022

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20 Aug 2024RentedNew contract
AED 139,625/yr12 months · AED 99 per sqft
1 Aug 2023RentedNew contract
AED 143,000/yr12 months · AED 101 per sqft
25 Jul 2022SoldReady
AED 1,500,000AED 1,065 per sqft
20 Dec 2019RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
20 Dec 2018RentedRenewal
AED 112,000/yr12 months · AED 79 per sqft
20 Dec 2017RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
15 Feb 2017RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
15 Nov 2016RentedRenewal
AED 140,000/yr3 months · AED 99 per sqft

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

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
32nd of 40
Parking
M345
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.5M · July 2022
Building
Rimal 2

About 3202, Rimal 2

3202 is a two-bedroom apartment of 1,408 sqft on the 32nd floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 July 2022 for AED 1,500,000, or AED 1,065 per sqft, 9% below the AED 1,164 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 20 August 2024, is AED 139,625 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, 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 2010: AED 920,000 (AED 653 per sqft)Sold, July 2022: AED 1,500,000 (AED 1,065 per sqft)

3202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3202, 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, September 2012: AED 110,000 a yearNew contract, September 2013: AED 119,337 a yearNew contract, November 2014: AED 140,000 a yearRenewal, November 2015: AED 140,000 a yearRenewal, November 2016: AED 140,000 a yearNew contract, February 2017: AED 135,000 a yearNew contract, December 2017: AED 115,000 a yearRenewal, December 2018: AED 112,000 a yearRenewal, December 2019: AED 95,000 a yearNew contract, August 2023: AED 143,000 a yearNew contract, August 2024: AED 139,625 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 3202 sits

All 52 2-beds →

3202 last sold in July 2022 at AED 1,065 per sqft, 9% below what two-beds in Rimal 2 were fetching at the time (AED 1,164). 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. 3202's AED 139,625 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 32nd floor

All 156 units in Rimal 2
Value
32012-bedAED 550K · Jul 2012
32032-bedAED 1.7M · Mar 2008
32042-bedAED 599K · Aug 2009

3202, Rimal 2 in numbers

  • Sold twice: first on 14 November 2010 for AED 920,000, last on 25 July 2022 for AED 1,500,000 (AED 1,065 per sqft).
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2019 and recovered to AED 139,625 by August 2024.
  • At AED 139,625 a year the gross yield on the 2022 price is 9.3%, 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 August 2024.

Questions about 3202, Rimal 2

What did unit 3202 last sell for?

AED 1,500,000 on 25 July 2022: AED 1,065 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 920,000 in November 2010.

What is the rent for unit 3202?

AED 139,625 a year on the contract signed on 20 August 2024. The previous contract, from August 2023, was AED 143,000; the unit has been rented since September 2012.

How big is unit 3202?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 32nd floor of a 40-storey tower completed in 2007.

What is unit 3202 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 3202, Rimal 2

Starts from the last sale price (AED 1.5M, 25 July 2022). 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 →