501, Rimal 2
Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Rimal 2
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 5th of 40
- Parking
- M638
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.1M · May 2018
- Building
- Rimal 2
About 501, Rimal 2
501 is a one-bedroom apartment of 1,146 sqft on the 5th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 May 2018 for AED 1,100,000, or AED 959 per sqft, 51% above the AED 636 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 110,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 21,100 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 2, and where 501 sits
All 30 1-beds →501 last sold in May 2018 at AED 959 per sqft, 51% above what one-beds in Rimal 2 were fetching at the time (AED 636). Over the last 12 months one-beds sold for AED 1,675,000, around AED 1,461 per sqft, and rent for AED 103,333 to 105,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 1,146 sqft | 1,675,000 | 1,461 | ||
| 29 Jul 202529 July 2025 | 1,146 sqft | 1,850,000 | 1,613 | ||
| 17 Jun 202517 June 2025 | 1,146 sqft | 1,635,000 | 1,426 | ||
| 24 Apr 202524 April 2025 | 1,146 sqft | 1,355,000 | 1,181 |
Rimal 2
Building156 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%
Other units on the 5th floor
All 156 units in Rimal 2501, Rimal 2 in numbers
- Sold twice: first on 5 January 2009 for AED 380,000, last on 27 May 2018 for AED 1,100,000 (AED 959 per sqft).
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 110,000 by February 2024.
- At AED 110,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
- One-beds in Rimal 2 sold for AED 1,675,000–1,675,000 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 9 February 2024.
Questions about 501, Rimal 2
What did unit 501 last sell for?
AED 1,100,000 on 27 May 2018: AED 959 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 380,000 in January 2009.
What is the rent for unit 501?
AED 110,000 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 110,000; the unit has been rented since August 2018.
How big is unit 501?
1,146 sqft (106.5 sqm): a one-bedroom apartment on the 5th floor of a 40-storey tower completed in 2007.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 2 sold for AED 1,675,000 to 1,675,000 in the last 12 months, around AED 1,461 per sqft.
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Mortgage on 501, Rimal 2
Starts from the last sale price (AED 1.1M, 27 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →