Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 6th floor · completed 2007

602, Rimal 2

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 250K2 January 2008
Current rentAED 51K /yr8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Rimal 2

What is 602 worth today?

Last sold for AED 250,000 in 2008

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8 Apr 2025RentedRenewal
AED 51,000/yr12 months · AED 68 per sqft
8 Apr 2024RentedRenewal
AED 51,000/yr12 months · AED 68 per sqft
8 Apr 2023RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
8 Apr 2019RentedRenewal
AED 62,500/yr12 months · AED 83 per sqft
8 Apr 2018RentedNew contract
AED 72,500/yr12 months · AED 96 per sqft
19 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
2 Jan 2008Sold by developerReady
AED 250,000AED 329 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2025.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
6th of 40
Parking
B609
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 250K · January 2008
Building
Rimal 2

About 602, Rimal 2

602 is a studio of 759 sqft on the 6th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 January 2008 for AED 250,000, or AED 329 per sqft, in line with the AED 329 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 51,000 a year: a gross yield of 20.4% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in Rimal 2
500K1M2008201320182023Typical sale price by year: 2008 AED 275,000; 2009 AED 475,000; 2012 AED 392,700; 2014 AED 1,225,000; 2021 AED 850,000; 2024 AED 1,225,000Sold by developer, January 2008: AED 250,000 (AED 329 per sqft)

602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 602, each contractTypical studio in Rimal 2
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 71,884; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 71,250; 2019 AED 60,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 60,000; 2023 AED 60,000; 2024 AED 71,761; 2025 AED 75,761New contract, February 2017: AED 75,000 a yearNew contract, April 2018: AED 72,500 a yearRenewal, April 2019: AED 62,500 a yearRenewal, April 2023: AED 48,000 a yearRenewal, April 2024: AED 51,000 a yearRenewal, April 2025: AED 51,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rimal 2, and where 602 sits

All 15 studios →

602 last sold in January 2008 at AED 329 per sqft, in line with what studios in Rimal 2 were fetching at the time (AED 329).

Recent studio salesUnit no.Price (AED)Summary
2 Apr 2025540,000
14 Nov 202416,947
7 Nov 20241,225,000
7 Nov 20241,225,000
0 studio 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 6th floor

All 156 units in Rimal 2
Value
6011-bedAED 380K · Dec 2017
6031-bedAED 380K · Sep 2011
6043-bedAED 699K · Oct 2008
6053-bedAED 3.6M · May 2025

602, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 2 January 2008 for AED 250,000, or AED 329 per sqft.
  • Rented since February 2017 on 6 Ejari contracts, from AED 75,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2008 price is 20.4%, before a service charge of about AED 13,900 a year (AED 18.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2025.

Questions about 602, Rimal 2

What did unit 602 last sell for?

AED 250,000 on 2 January 2008, sold by the developer: AED 329 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 51,000 a year on the contract renewed on 8 April 2025. The previous contract, from April 2024, was AED 51,000; the unit has been rented since February 2017.

How big is unit 602?

759 sqft (70.5 sqm): a studio on the 6th floor of a 40-storey tower completed in 2007.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 602, Rimal 2

Starts from the last sale price (AED 250K, 2 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →