2704, Rimal 2
Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, Rimal 2
What is 2704 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,408 sqft
- Floor
- 27th of 40
- Parking
- G305
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,900 /yr
- Last sold
- AED 599K · June 2008
- Building
- Rimal 2
About 2704, Rimal 2
2704 is a two-bedroom apartment of 1,408 sqft on the 27th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 June 2008 for AED 599,000, or AED 425 per sqft, in line with the AED 425 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 102,475 a year: a gross yield of 17.1% on the 2008 price, before the service charge of about AED 25,900 a year.
Sales and rents for 2704 over time
2704 has sold once; the dashed line is the two-bed median of each year in the building.
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 2704 sits
All 54 2-beds →2704 last sold in June 2008 at AED 425 per sqft, in line with what two-beds in Rimal 2 were fetching at the time (AED 425). 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. 2704's AED 102,475 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Mar 202631 March 2026 | 1,407 sqft | 2,800,000 | 1,989 | ||
| 6 Feb 20266 February 2026 | 1,407 sqft | 2,800,000 | 1,989 | ||
| 10 Dec 202510 December 2025 | 1,407 sqft | 3,250,000 | 2,309 | ||
| 27 Nov 202527 November 2025 | 1,422 sqft | 2,100,000 | 1,476 |
Rimal 2
Building156 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%
Other units on the 27th floor
All 156 units in Rimal 22704, Rimal 2 in numbers
- Sold once: by Dubai Properties on 17 June 2008 for AED 599,000, or AED 425 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 102,475 by September 2024.
- At AED 102,475 a year the gross yield on the 2008 price is 17.1%, 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 1 September 2024.
Questions about 2704, Rimal 2
What did unit 2704 last sell for?
AED 599,000 on 17 June 2008, sold by the developer: AED 425 per sqft for 1,408 sqft. It is the only registered sale of the unit.
What is the rent for unit 2704?
AED 102,475 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 88,935; the unit has been rented since September 2013.
How big is unit 2704?
1,408 sqft (130.8 sqm): a two-bedroom apartment on the 27th floor of a 40-storey tower completed in 2007.
What is unit 2704 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 2704, Rimal 2
Starts from the last sale price (AED 599K, 17 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →