103, Rimal 2
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Rimal 2
What is 103 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 1st of 40
- Parking
- B431
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 870K · October 2011
- Building
- Rimal 2
About 103, Rimal 2
103 is a one-bedroom apartment of 1,146 sqft on the 1st floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 October 2011 for AED 870,000, or AED 758 per sqft, in line with the AED 739 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 69,960 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 21,100 a year.
Sales and rents for 103 over time
103 has sold twice; the dashed line is the one-bed median of each year in the building.
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 103 sits
All 30 1-beds →103 last sold in October 2011 at AED 758 per sqft, in line with what one-beds in Rimal 2 were fetching at the time (AED 739). Over the last 12 months one-beds sold for AED 1,675,000 to 1,755,320, around AED 1,482 per sqft, and rent for AED 85,000 to 110,000 a year. 103's AED 69,960 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,146 sqft | 1,755,320 | 1,531 | ||
| 10 Apr 202610 April 2026 | 1,146 sqft | 1,700,000 | 1,482 | ||
| 5 Jan 20265 January 2026 | 1,146 sqft | 1,675,000 | 1,461 | ||
| 29 Jul 202529 July 2025 | 1,146 sqft | 1,850,000 | 1,613 |
Rimal 2
Building156 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%
Other units on the 1st floor
All 156 units in Rimal 2103, Rimal 2 in numbers
- Sold twice: first on 4 September 2008 for AED 356,250, last on 31 October 2011 for AED 870,000 (AED 758 per sqft).
- Rented since February 2012 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 53,000 in 2021 and recovered to AED 69,960 by August 2023.
- At AED 69,960 a year the gross yield on the 2011 price is 8.0%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
- One-beds in Rimal 2 sold for AED 1,675,000–1,755,320 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 August 2023.
Questions about 103, Rimal 2
What did unit 103 last sell for?
AED 870,000 on 31 October 2011: AED 758 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 356,250 in September 2008.
What is the rent for unit 103?
AED 69,960 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 63,600; the unit has been rented since February 2012.
How big is unit 103?
1,146 sqft (106.5 sqm): a one-bedroom apartment on the 1st floor of a 40-storey tower completed in 2007.
What is unit 103 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 1,755,320 in the last 12 months, around AED 1,482 per sqft.
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Mortgage on 103, Rimal 2
Starts from the last sale price (AED 870K, 31 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →