3-bed · 1,894 sqftRimal 2, Jumeirah Beach Residence · 16th floor · completed 2007

1605, Rimal 2

Sold prices and rental history: sold once, by the developer in March 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 17 March 2008
Last soldAED 699K17 March 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Rimal 2

What is 1605 worth today?

Last sold for AED 699,000 in 2008

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17 Mar 2008Sold by developerReady
AED 699,000AED 369 per sqft

Source: Dubai Land Department. Updated 17 March 2008.

Key facts

Type
3-bed apartment
Size
1,894 sqft
Floor
16th of 40
Parking
M348
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 699K · March 2008
Building
Rimal 2

About 1605, Rimal 2

1605 is a three-bedroom apartment of 1,894 sqft on the 16th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 March 2008 for AED 699,000, or AED 369 per sqft, in line with the AED 369 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical three-bed in Rimal 2
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2010 AED 2,369,000; 2012 AED 1,800,000; 2013 AED 1,599,500; 2014 AED 1,604,500; 2015 AED 2,325,000; 2017 AED 3,200,000; 2021 AED 2,911,111; 2024 AED 2,815,000; 2025 AED 3,700,000Sold by developer, March 2008: AED 699,000 (AED 369 per sqft)

1605 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1605, each contractTypical three-bed in Rimal 2
150K200K2012201620202024Typical rent by year: 2012 AED 151,125; 2013 AED 154,275; 2014 AED 189,815; 2015 AED 190,000; 2016 AED 185,000; 2017 AED 177,500; 2018 AED 160,000; 2019 AED 150,000; 2020 AED 134,500; 2021 AED 125,000; 2022 AED 155,000; 2023 AED 162,500; 2024 AED 183,500; 2025 AED 207,250; 2026 AED 190,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 2, and where 1605 sits

All 43 3-beds →

1605 last sold in March 2008 at AED 369 per sqft, in line with what three-beds in Rimal 2 were fetching at the time (AED 369). Over the last 12 months three-beds sold for AED 3,100,000 to 4,800,000, around AED 2,428 per sqft, and rent for AED 80,000 to 240,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Apr 20264,800,000
12 Mar 20263,100,000
20 Nov 20254,600,000
30 Sep 20254,950,000
3 3-bed sales 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 16th floor

All 156 units in Rimal 2
Value
16011-bedAED 415K · Nov 2010
1602StudioAED 17K · Nov 2024
16031-bedAED 1.18M · Apr 2022
16043-bedAED 1.28M · Oct 2007

1605, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 17 March 2008 for AED 699,000, or AED 369 per sqft.
  • Three-beds in Rimal 2 sold for AED 3,100,000–4,800,000 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 17 March 2008.

Questions about 1605, Rimal 2

What did unit 1605 last sell for?

AED 699,000 on 17 March 2008, sold by the developer: AED 369 per sqft for 1,894 sqft. It is the only registered sale of the unit.

How big is unit 1605?

1,894 sqft (176.0 sqm): a three-bedroom apartment on the 16th floor of a 40-storey tower completed in 2007.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 2 sold for AED 3,100,000 to 4,800,000 in the last 12 months, around AED 2,428 per sqft.

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Mortgage on 1605, Rimal 2

Starts from the last sale price (AED 699K, 17 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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