2402, Rimal 1
Sold prices and rental history: sold once, by the developer in March 2009, 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 2402, Rimal 1
What is 2402 worth today?
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Source: Dubai Land Department. Updated 28 July 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 24th of 47
- Parking
- G412
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,300 /yr
- Last sold
- AED 820K · March 2009
- Building
- Rimal 1
About 2402, Rimal 1
2402 is a two-bedroom apartment of 1,294 sqft on the 24th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 18 March 2009 for AED 820,000, or AED 633 per sqft, 5% below the AED 663 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 28 July 2021, is AED 75,000 a year: a gross yield of 9.2% on the 2009 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2402 over time
2402 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rimal 1, and where 2402 sits
All 211 2-beds →2402 last sold in March 2009 at AED 633 per sqft, 5% below what two-beds in Rimal 1 were fetching at the time (AED 663). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year. 2402's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,294 sqft | 1,682,377 | 1,300 | ||
| 9 Oct 20269 October 2026 | 1,294 sqft | 1,850,000 | 1,430 | ||
| 29 Sep 202629 September 2026 | 1,290 sqft | 2,250,000 | 1,743 | ||
| 23 Sep 202623 September 2026 | 1,405 sqft | 1,900,000 | 1,351 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,478 Up 1.4%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.2%
Other units on the 24th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,294 sqft | AED 1.8MAED 1,800,000 · Dec 2021December 2021 | 135,000 /yr | |
| 2403 | 2-bed | 1,405 sqft | AED 2.4MAED 2,400,000 · Jul 2008July 2008 | ||
| 2404 | 2-bed | 1,405 sqft | AED 1.95MAED 1,950,000 · Jun 2026June 2026 | 93,840 /yr | |
| 2405 | 2-bed | 1,405 sqft | AED 2MAED 2,000,000 · Sep 2016September 2016 | 150,000 /yr | |
| 2406 | 2-bed | 1,405 sqft | AED 1.25MAED 1,250,000 · Aug 2011August 2011 | 125,000 /yr | |
| 2407 | 2-bed | 1,294 sqft | AED 2.18MAED 2,175,000 · Mar 2024March 2024 | 157,000 /yr | |
| 2408 | 2-bed | 1,294 sqft | AED 1.07MAED 1,071,850 · Feb 2008February 2008 | 80,000 /yr |
2402, Rimal 1 in numbers
- Sold once: by Dubai Properties on 18 March 2009 for AED 820,000, or AED 633 per sqft.
- Rented since July 2013 on 9 Ejari contracts, from AED 110,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2009 price is 9.2%, before a service charge of about AED 20,300 a year (AED 15.73 per sqft).
- Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.
Source: Dubai Land Department. Updated 28 July 2021.
Questions about 2402, Rimal 1
What did unit 2402 last sell for?
AED 820,000 on 18 March 2009, sold by the developer: AED 633 per sqft for 1,294 sqft. It is the only registered sale of the unit.
What is the rent for unit 2402?
AED 75,000 a year on the contract renewed on 28 July 2021. The previous contract, from July 2020, was AED 80,000; the unit has been rented since July 2013.
How big is unit 2402?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 24th floor of a 47-storey tower completed in 2007.
What is unit 2402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 1,682,377 to 3,150,000 in the last 12 months, around AED 1,478 per sqft.
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Mortgage on 2402, Rimal 1
Starts from the last sale price (AED 820K, 18 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →