Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 14th floor · completed 2007

1402, Rimal 2

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.23M4 September 2024
Current rentAED 63K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Rimal 2

What is 1402 worth today?

Last sold for AED 1,225,000 in 2024

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1 Aug 2026RentedNew contract
AED 63,000/yr12 months · AED 83 per sqft
4 Sep 2024SoldReady
AED 1,225,000AED 1,614 per sqft
5 Mar 2024RentedRenewal
AED 63,250/yr6 months · AED 84 per sqft
5 Mar 2023RentedRenewal
AED 57,500/yr12 months · AED 76 per sqft
5 Mar 2022RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
5 Mar 2021RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
5 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
17 Oct 2019RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
14th of 40
Parking
B419
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.23M · September 2024
Building
Rimal 2

About 1402, Rimal 2

1402 is a studio of 759 sqft on the 14th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 September 2024 for AED 1,225,000, or AED 1,614 per sqft, in line with the AED 1,614 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 August 2026, is AED 63,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, April 2008: AED 275,000 (AED 362 per sqft)Sold, November 2017: AED 1,030,000 (AED 1,357 per sqft)Sold, September 2024: AED 1,225,000 (AED 1,614 per sqft)

1402 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Rimal 2
60K80K2013201720212025Typical 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, November 2017: AED 72,500 a yearNew contract, January 2019: AED 63,000 a yearNew contract, October 2019: AED 58,000 a yearNew contract, March 2020: AED 60,000 a yearRenewal, March 2021: AED 60,000 a yearRenewal, March 2022: AED 55,000 a yearRenewal, March 2023: AED 57,500 a yearRenewal, March 2024: AED 63,250 a yearNew contract, August 2026: AED 63,000 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 1402 sits

All 15 studios →

1402 last sold in September 2024 at AED 1,614 per sqft, in line with what studios in Rimal 2 were fetching at the time (AED 1,614). 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. 1402's AED 63,000 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 14th floor

All 156 units in Rimal 2
Value
14011-bedAED 415K · Sep 2007
14031-bedAED 910K · Feb 2011
14043-bedAED 699K · Feb 2008
14053-bedAED 3M · Jan 2013

1402, Rimal 2 in numbers

  • Sold 3 times: first on 17 April 2008 for AED 275,000, last on 4 September 2024 for AED 1,225,000 (AED 1,614 per sqft).
  • Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 72,500 to AED 55,000 in 2022 and recovered to AED 63,000 by August 2026.
  • At AED 63,000 a year the gross yield on the 2024 price is 5.1%, 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 August 2026.

Questions about 1402, Rimal 2

What did unit 1402 last sell for?

AED 1,225,000 on 4 September 2024: AED 1,614 per sqft for 759 sqft. The unit has 3 registered sales; the first was AED 275,000 in April 2008.

What is the rent for unit 1402?

AED 63,000 a year on the contract signed on 1 August 2026. The previous contract, from March 2024, was AED 63,250; the unit has been rented since November 2017.

How big is unit 1402?

759 sqft (70.5 sqm): a studio on the 14th floor of a 40-storey tower completed in 2007.

What is unit 1402 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 1402, Rimal 2

Starts from the last sale price (AED 1.23M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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