Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 10th floor · completed 2007

1002, Rimal 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 275K28 August 2008
Current rentAED 66K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Rimal 2

What is 1002 worth today?

Last sold for AED 275,000 in 2008

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1 May 2026RentedRenewal
AED 66,000/yr12 months · AED 88 per sqft
1 May 2025RentedRenewal
AED 66,000/yr12 months · AED 88 per sqft
1 May 2025RentedRenewal
AED 66,000/yr12 months · AED 88 per sqft
1 May 2024RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
1 May 2023RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
1 May 2022RentedRenewal
AED 45,000/yr12 months · AED 60 per sqft
1 May 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
17 Sep 2019RentedNew contract
AED 53,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
10th of 40
Parking
B613
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 275K · August 2008
Building
Rimal 2

About 1002, Rimal 2

1002 is a studio of 759 sqft on the 10th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 August 2008 for AED 275,000, or AED 362 per sqft, in line with the AED 362 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 66,000 a year: a gross yield of 24.0% on the 2008 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, 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, August 2008: AED 275,000 (AED 362 per sqft)

1002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in Rimal 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 71,884; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 72,500; 2018 AED 71,250; 2019 AED 61,250; 2020 AED 57,500; 2021 AED 55,000; 2022 AED 57,000; 2023 AED 60,000; 2024 AED 71,761; 2025 AED 73,521; 2026 AED 65,500New contract, May 2015: AED 70,000 a yearRenewal, May 2016: AED 70,000 a yearRenewal, May 2017: AED 70,000 a yearRenewal, May 2018: AED 70,000 a yearNew contract, September 2019: AED 53,000 a yearNew contract, May 2021: AED 45,000 a yearRenewal, May 2022: AED 45,000 a yearRenewal, May 2023: AED 55,000 a yearRenewal, May 2024: AED 60,000 a yearRenewal, May 2025: AED 66,000 a yearRenewal, May 2025: AED 66,000 a yearRenewal, May 2026: AED 66,000 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 1002 sits

All 15 studios →

1002 last sold in August 2008 at AED 362 per sqft, in line with what studios in Rimal 2 were fetching at the time (AED 362). Over the last 12 months studios sold for AED 1,180,000, around AED 1,555 per sqft, and rent for AED 57,000 to 112,000 a year. 1002's AED 66,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,180,000
2 Apr 2025540,000
14 Nov 202416,947
7 Nov 20241,225,000
1 studio 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. 11 sold in the last 12 months.

Typical price per sqft
AED 1,636 Up 1.4%
Typical sale
AED 2.8M
Typical rent
AED 125K /yr
Typical yield
5.6%
Rimal 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 156 units in Rimal 2
Value
10011-bedAED 1.85M · Jul 2025
10031-bedAED 770K · Sep 2020
10043-bedAED 4.6M · Nov 2025
10053-bedAED 3.7M · Jan 2025

1002, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 28 August 2008 for AED 275,000, or AED 362 per sqft.
  • Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2022 and recovered to AED 66,000 by May 2026.
  • At AED 66,000 a year the gross yield on the 2008 price is 24.0%, before a service charge of about AED 13,900 a year (AED 18.38 per sqft).
  • Studios in Rimal 2 sold for AED 1,180,000–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,636 per sqft.

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 1002, Rimal 2

What did unit 1002 last sell for?

AED 275,000 on 28 August 2008, sold by the developer: AED 362 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 66,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 66,000; the unit has been rented since May 2015.

How big is unit 1002?

759 sqft (70.5 sqm): a studio on the 10th floor of a 40-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Rimal 2 sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 1,555 per sqft.

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Mortgage on 1002, Rimal 2

Starts from the last sale price (AED 275K, 28 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 275,000
Deposit, UAE resident (20%)
AED 55,000
Deposit, non-resident (40%)
AED 110,000
Monthly over 25 years at 3.7%
AED 1,125

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →