2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Rimal 2

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 1.97M16 November 2022
Current rentAED 90K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Rimal 2

What is 2401 worth today?

Last sold for AED 1,965,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Nov 2022SoldReady
AED 1,965,000AED 1,396 per sqft
21 Sep 2022SoldReady
AED 1,780,000AED 1,264 per sqft
20 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
1 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
7 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
1 Nov 2018RentedRenewal
AED 115,000/yr12 months · AED 82 per sqft
1 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
24 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
24th of 40
Parking
M290
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.97M · November 2022
Building
Rimal 2

About 2401, Rimal 2

2401 is a two-bedroom apartment of 1,408 sqft on the 24th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 November 2022 for AED 1,965,000, or AED 1,396 per sqft, 13% above the AED 1,232 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 September 2021, is AED 90,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical two-bed in Rimal 2
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 599,000; 2009 AED 599,000; 2010 AED 1,700,000; 2011 AED 599,000; 2012 AED 975,000; 2014 AED 2,000,000; 2015 AED 1,349,500; 2018 AED 1,350,000; 2021 AED 1,400,000; 2022 AED 1,740,000; 2023 AED 2,200,000; 2025 AED 2,100,000Sold by developer, November 2008: AED 550,000 (AED 390 per sqft)Sold, September 2022: AED 1,780,000 (AED 1,264 per sqft)Sold, November 2022: AED 1,965,000 (AED 1,396 per sqft)

2401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, each contractTypical two-bed in Rimal 2
100K125K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 119,337; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 134,167; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 92,500; 2021 AED 90,000; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 122,000; 2025 AED 140,000; 2026 AED 135,000New contract, August 2014: AED 140,000 a yearNew contract, August 2016: AED 135,000 a yearNew contract, November 2017: AED 120,000 a yearRenewal, November 2018: AED 115,000 a yearNew contract, December 2019: AED 100,000 a yearNew contract, August 2021: AED 95,000 a yearNew contract, September 2021: AED 90,000 a year

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

2-beds in Rimal 2, and where 2401 sits

All 54 2-beds →

2401 last sold in November 2022 at AED 1,396 per sqft, 13% above what two-beds in Rimal 2 were fetching at the time (AED 1,232). Over the last 12 months two-beds sold for AED 2,100,000 to 3,250,000, around AED 1,989 per sqft, and rent for AED 70,000 to 280,000 a year. 2401's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Mar 20262,800,000
6 Feb 20262,800,000
10 Dec 20253,250,000
27 Nov 20252,100,000
4 2-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 24th floor

All 156 units in Rimal 2
Value
24022-bedAED 920K · Sep 2007
24032-bedAED 599K · Sep 2015
24042-bedAED 2.8M · Mar 2026

2401, Rimal 2 in numbers

  • Sold 3 times: first on 18 November 2008 for AED 550,000, last on 16 November 2022 for AED 1,965,000 (AED 1,396 per sqft).
  • Rented since August 2014 on 7 Ejari contracts, from AED 140,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 25,900 a year (AED 18.38 per sqft).
  • Two-beds in Rimal 2 sold for AED 2,100,000–3,250,000 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 16 November 2022.

Questions about 2401, Rimal 2

What did unit 2401 last sell for?

AED 1,965,000 on 16 November 2022: AED 1,396 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 550,000 in November 2008.

What is the rent for unit 2401?

AED 90,000 a year on the contract signed on 20 September 2021. The previous contract, from August 2021, was AED 95,000; the unit has been rented since August 2014.

How big is unit 2401?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 2 sold for AED 2,100,000 to 3,250,000 in the last 12 months, around AED 1,989 per sqft.

Selling 2401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2401, Rimal 2

Starts from the last sale price (AED 1.97M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,965,000
Deposit, UAE resident (20%)
AED 393,000
Deposit, non-resident (40%)
AED 786,000
Monthly over 25 years at 3.7%
AED 8,039

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