2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 25th floor · completed 2007

2501, Rimal 2

Sold prices and rental history: sold twice, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 10 February 2014
Last soldAED 2.43M10 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Rimal 2

What is 2501 worth today?

Last sold for AED 2,425,000 in 2014

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10 Feb 2014SoldReady
AED 2,425,000AED 1,722 per sqft
17 Nov 2008Sold by developerReady
AED 550,000AED 390 per sqft

Source: Dubai Land Department. Updated 10 February 2014.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
25th of 40
Parking
M293
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.43M · February 2014
Building
Rimal 2

About 2501, Rimal 2

2501 is a two-bedroom apartment of 1,408 sqft on the 25th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 February 2014 for AED 2,425,000, or AED 1,722 per sqft, 28% above the AED 1,349 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, February 2014: AED 2,425,000 (AED 1,722 per sqft)

2501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, 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 135,000

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 2501 sits

All 54 2-beds →

2501 last sold in February 2014 at AED 1,722 per sqft, 28% above what two-beds in Rimal 2 were fetching at the time (AED 1,349). 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.

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 25th floor

All 156 units in Rimal 2
Value
25022-bedAED 1.3M · Sep 2018
25032-bedAED 2.7M · Nov 2016
25042-bedAED 1.91M · Dec 2010

2501, Rimal 2 in numbers

  • Sold twice: first on 17 November 2008 for AED 550,000, last on 10 February 2014 for AED 2,425,000 (AED 1,722 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 10 February 2014.

Questions about 2501, Rimal 2

What did unit 2501 last sell for?

AED 2,425,000 on 10 February 2014: AED 1,722 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 550,000 in November 2008.

How big is unit 2501?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.

What is unit 2501 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.

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Mortgage on 2501, Rimal 2

Starts from the last sale price (AED 2.43M, 10 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

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