1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 8th floor · completed 2007

803, Rimal 2

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 380K18 June 2009
Current rentAED 90K /yr25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Rimal 2

What is 803 worth today?

Last sold for AED 380,000 in 2009

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25 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
18 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
18 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 Nov 2016RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
1 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
1 Oct 2013RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
1 Jul 2013RentedNew contract
AED 88,671/yr2 months · AED 77 per sqft
18 Jun 2009Sold by developerReady
AED 380,000AED 331 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2023.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
8th of 40
Parking
B071
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 380K · June 2009
Building
Rimal 2

About 803, Rimal 2

803 is a one-bedroom apartment of 1,146 sqft on the 8th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 18 June 2009 for AED 380,000, or AED 331 per sqft, in line with the AED 331 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 December 2023, is AED 90,000 a year: a gross yield of 23.7% on the 2009 price, before the service charge of about AED 21,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Rimal 2
1M2007201220172022Typical sale price by year: 2007 AED 415,000; 2008 AED 380,000; 2009 AED 397,500; 2010 AED 657,500; 2011 AED 870,000; 2012 AED 380,000; 2013 AED 1,090,000; 2025 AED 1,635,000Sold by developer, June 2009: AED 380,000 (AED 331 per sqft)

803 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, each contractTypical one-bed in Rimal 2
75K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 105,250; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 87,000; 2019 AED 79,000; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 99,613; 2025 AED 115,000New contract, July 2013: AED 88,671 a yearNew contract, October 2013: AED 105,000 a yearNew contract, November 2015: AED 110,000 a yearRenewal, November 2016: AED 110,000 a yearNew contract, February 2018: AED 90,000 a yearRenewal, February 2020: AED 75,000 a yearNew contract, December 2023: AED 90,000 a year

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 803 sits

All 30 1-beds →

803 last sold in June 2009 at AED 331 per sqft, in line with what one-beds in Rimal 2 were fetching at the time (AED 331). 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 salesUnit no.Price (AED)Summary
5 Jan 20261,675,000
29 Jul 20251,850,000
17 Jun 20251,635,000
24 Apr 20251,355,000
1 1-bed sale 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 8th floor

All 156 units in Rimal 2
Value
8011-bedAED 380K · Sep 2007
802StudioAED 850K · Dec 2022
8043-bedAED 699K · Sep 2007
8053-bedAED 699K · Dec 2007

803, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 18 June 2009 for AED 380,000, or AED 331 per sqft.
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 88,671 to AED 75,000 in 2020 and recovered to AED 90,000 by December 2023.
  • At AED 90,000 a year the gross yield on the 2009 price is 23.7%, 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 25 December 2023.

Questions about 803, Rimal 2

What did unit 803 last sell for?

AED 380,000 on 18 June 2009, sold by the developer: AED 331 per sqft for 1,146 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 90,000 a year on the contract signed on 25 December 2023. The previous contract, from February 2020, was AED 75,000; the unit has been rented since July 2013.

How big is unit 803?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 8th floor of a 40-storey tower completed in 2007.

What is unit 803 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 803, Rimal 2

Starts from the last sale price (AED 380K, 18 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →