Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Rimal 2

Sold prices and rental history: sold 7 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 1.23M7 November 2024
Current rentAED 68K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Rimal 2

What is 1502 worth today?

Last sold for AED 1,225,000 in 2024

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19 Jan 2026RentedRenewal
AED 68,000/yr12 months · AED 90 per sqft
19 Jan 2026RentedRenewal
AED 62,769/yr13 months · AED 83 per sqft
19 Jan 2025RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
19 Jan 2025RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
7 Nov 2024SoldReady
AED 1,225,000AED 1,614 per sqft
19 Jan 2024RentedRenewal
AED 84,650/yr12 months · AED 112 per sqft
19 Jan 2023RentedRenewal
AED 84,650/yr12 months · AED 112 per sqft
19 Jan 2022RentedRenewal
AED 84,650/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
15th of 40
Parking
B433
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.23M · November 2024
Building
Rimal 2

About 1502, Rimal 2

1502 is a studio of 759 sqft on the 15th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 November 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 14 Ejari contracts. The current contract, renewed on 19 January 2026, is AED 68,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, February 2008: AED 275,000 (AED 362 per sqft)Sold, March 2008: AED 985,000 (AED 1,298 per sqft)Sold, March 2008: AED 850,000 (AED 1,120 per sqft)Sold, March 2009: AED 910,320 (AED 1,199 per sqft)Sold, April 2014: AED 1,300,000 (AED 1,713 per sqft)Sold, December 2015: AED 1,070,000 (AED 1,410 per sqft)Sold, November 2024: AED 1,225,000 (AED 1,614 per sqft)

1502 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, 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, May 2017: AED 84,423 a yearRenewal, May 2018: AED 84,423 a yearRenewal, May 2019: AED 84,650 a yearRenewal, May 2020: AED 84,650 a yearRenewal, May 2021: AED 83,304 a yearRenewal, July 2021: AED 84,648 a yearRenewal, October 2021: AED 84,648 a yearRenewal, January 2022: AED 84,650 a yearRenewal, January 2023: AED 84,650 a yearRenewal, January 2024: AED 84,650 a yearNew contract, January 2025: AED 68,000 a yearNew contract, January 2025: AED 68,000 a yearRenewal, January 2026: AED 68,000 a yearRenewal, January 2026: AED 62,769 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 1502 sits

All 15 studios →

1502 last sold in November 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. 1502's AED 68,000 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 15th floor

All 156 units in Rimal 2
Value
15011-bedAED 1.2M · Jan 2013
15031-bedAED 1.65M · Nov 2024
15043-bedAED 699K · Jun 2015
15053-bedAED 699K · Oct 2007

1502, Rimal 2 in numbers

  • Sold 7 times: first on 17 February 2008 for AED 275,000, last on 7 November 2024 for AED 1,225,000 (AED 1,614 per sqft).
  • Rented since May 2017 on 14 Ejari contracts, from AED 84,423 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 5.5%, 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 19 January 2026.

Questions about 1502, Rimal 2

What did unit 1502 last sell for?

AED 1,225,000 on 7 November 2024: AED 1,614 per sqft for 759 sqft. The unit has 7 registered sales; the first was AED 275,000 in February 2008.

What is the rent for unit 1502?

AED 68,000 a year on the contract renewed on 19 January 2026. The previous contract, from January 2026, was AED 62,769; the unit has been rented since May 2017.

How big is unit 1502?

759 sqft (70.5 sqm): a studio on the 15th floor of a 40-storey tower completed in 2007.

What is unit 1502 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 1502, Rimal 2

Starts from the last sale price (AED 1.23M, 7 November 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 →