3-bed · 1,903 sqftRimal 2, Jumeirah Beach Residence · 20th floor · completed 2007

2004, Rimal 2

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 3.5M7 July 2008
Current rentAED 245K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Rimal 2

What is 2004 worth today?

Last sold for AED 3,500,000 in 2008

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25 May 2023RentedRenewal
AED 245,000/yr12 months · AED 129 per sqft
25 May 2022RentedNew contract
AED 188,000/yr12 months · AED 99 per sqft
25 May 2021RentedNew contract
AED 180,000/yr12 months · AED 95 per sqft
7 Oct 2020RentedRenewal
AED 165,000/yr12 months · AED 87 per sqft
7 Oct 2019RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft
7 Jul 2008SoldReady
AED 3,500,000AED 1,838 per sqft
28 Oct 2007Sold by developerReady
AED 699,000AED 367 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
20th of 40
Parking
nan
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,000 /yr
Last sold
AED 3.5M · July 2008
Building
Rimal 2

About 2004, Rimal 2

2004 is a three-bedroom apartment of 1,903 sqft on the 20th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 July 2008 for AED 3,500,000, or AED 1,838 per sqft, 398% above the AED 369 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 25 May 2023, is AED 245,000 a year: a gross yield of 7.0% on the 2008 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, October 2007: AED 699,000 (AED 367 per sqft)Sold, July 2008: AED 3,500,000 (AED 1,838 per sqft)

2004 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2004, each contractTypical three-bed in Rimal 2
200K2012201620202024Typical 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 190,000New contract, October 2019: AED 175,000 a yearRenewal, October 2020: AED 165,000 a yearNew contract, May 2021: AED 180,000 a yearNew contract, May 2022: AED 188,000 a yearRenewal, May 2023: AED 245,000 a year

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 2004 sits

All 43 3-beds →

2004 last sold in July 2008 at AED 1,838 per sqft, 398% above 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. 2004's AED 245,000 is at the top of that range.

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 20th floor

All 156 units in Rimal 2
Value
20012-bedAED 2.05M · Jul 2023
20022-bedAED 2.1M · Nov 2025
20033-bedAED 3.1M · Jul 2023

2004, Rimal 2 in numbers

  • Sold twice: first on 28 October 2007 for AED 699,000, last on 7 July 2008 for AED 3,500,000 (AED 1,838 per sqft).
  • Rented since October 2019 on 5 Ejari contracts, from AED 175,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2008 price is 7.0%, before a service charge of about AED 35,000 a year (AED 18.38 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 25 May 2023.

Questions about 2004, Rimal 2

What did unit 2004 last sell for?

AED 3,500,000 on 7 July 2008: AED 1,838 per sqft for 1,903 sqft. The unit has 2 registered sales; the first was AED 699,000 in October 2007.

What is the rent for unit 2004?

AED 245,000 a year on the contract renewed on 25 May 2023. The previous contract, from May 2022, was AED 188,000; the unit has been rented since October 2019.

How big is unit 2004?

1,903 sqft (176.8 sqm): a three-bedroom apartment on the 20th floor of a 40-storey tower completed in 2007.

What is unit 2004 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 2004, Rimal 2

Starts from the last sale price (AED 3.5M, 7 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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