705, Rimal 2
Sold prices and rental history: sold 5 times, last in April 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Rimal 2
What is 705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,894 sqft
- Floor
- 7th of 40
- Parking
- B637-38
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,800 /yr
- Last sold
- AED 3.05M · April 2024
- Building
- Rimal 2
About 705, Rimal 2
705 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. It last sold on 22 April 2024 for AED 3,050,000, or AED 1,610 per sqft, in line with the AED 1,628 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 August 2024. The current contract, signed on 10 August 2024, is AED 225,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 34,800 a year.
Sales and rents for 705 over time
705 has sold 5 times; 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 705 sits
All 40 3-beds →705 last sold in April 2024 at AED 1,610 per sqft, in line with what three-beds in Rimal 2 were fetching at the time (AED 1,628). 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. 705's AED 225,000 is in the upper half 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 | |
| 704 | 3-bed | 1,894 sqft | AED 699KAED 699,000 · Oct 2012October 2012 | 131,250 /yr |
705, Rimal 2 in numbers
- Sold 5 times: first on 20 September 2007 for AED 699,000, last on 22 April 2024 for AED 3,050,000 (AED 1,610 per sqft).
- Rented since August 2024 on one Ejari contract, at AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2024 price is 7.4%, 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 10 August 2024.
Questions about 705, Rimal 2
What did unit 705 last sell for?
AED 3,050,000 on 22 April 2024: AED 1,610 per sqft for 1,894 sqft. The unit has 5 registered sales; the first was AED 699,000 in September 2007.
What is the rent for unit 705?
AED 225,000 a year on the contract signed on 10 August 2024.
How big is unit 705?
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 705 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 705, Rimal 2
Starts from the last sale price (AED 3.05M, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →