704, Rimal 2
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Rimal 2
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,894 sqft
- Floor
- 7th of 40
- Parking
- B615-16
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,800 /yr
- Last sold
- AED 699K · October 2012
- Building
- Rimal 2
About 704, Rimal 2
704 is a three-bedroom apartment of 1,894 sqft on the 7th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 October 2012 for AED 699,000, or AED 369 per sqft, in line with the AED 369 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 April 2023, is AED 131,250 a year: a gross yield of 18.8% on the 2012 price, before the service charge of about AED 34,800 a year.
Sales and rents for 704 over time
704 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rimal 2, and where 704 sits
All 40 3-beds →704 last sold in October 2012 at AED 369 per sqft, in line with what three-beds in Rimal 2 were fetching at the time (AED 369). Over the last 12 months three-beds sold for AED 4,600,000, around AED 2,428 per sqft, and rent for AED 166,980 to 230,000 a year. 704's AED 131,250 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 1,894 sqft | 4,100,000 | 2,164 | ||
| 23 May 202523 May 2025 | 1,894 sqft | 3,600,000 | 1,900 | ||
| 22 May 202522 May 2025 | 1,894 sqft | 3,050,000 | 1,610 | ||
| 25 Apr 202525 April 2025 | 1,903 sqft | 3,500,000 | 1,838 |
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 7th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,146 sqft | AED 1.5MAED 1,500,000 · Oct 2010October 2010 | 78,000 /yr | |
| 702 | Studio | 759 sqft | AED 700KAED 700,000 · Aug 2009August 2009 | 100,000 /yr | |
| 703 | 1-bed | 1,146 sqft | AED 1.64MAED 1,635,000 · Jun 2025June 2025 | 126,000 /yr | |
| 705 | 3-bed | 1,894 sqft | AED 3.05MAED 3,050,000 · Apr 2024April 2024 | 225,000 /yr |
704, Rimal 2 in numbers
- Sold once: by Dubai Properties on 21 October 2012 for AED 699,000, or AED 369 per sqft.
- Rented since January 2013 on 10 Ejari contracts, from AED 150,000 to AED 131,250 a year.
- At AED 131,250 a year the gross yield on the 2012 price is 18.8%, before a service charge of about AED 34,800 a year (AED 18.38 per sqft).
- Three-beds in Rimal 2 sold for AED 4,600,000–4,600,000 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 12 April 2023.
Questions about 704, Rimal 2
What did unit 704 last sell for?
AED 699,000 on 21 October 2012, sold by the developer: AED 369 per sqft for 1,894 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 131,250 a year on the contract renewed on 12 April 2023. The previous contract, from April 2022, was AED 131,250; the unit has been rented since January 2013.
How big is unit 704?
1,894 sqft (176.0 sqm): a three-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 2 sold for AED 4,600,000 to 4,600,000 in the last 12 months, around AED 2,428 per sqft.
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Mortgage on 704, Rimal 2
Starts from the last sale price (AED 699K, 21 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →