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2-bed · 1,408 sqftRimal 2, Jumeirah Beach Residence · 32nd floor · completed 2007

3203, Rimal 2

Sold prices and rental history: sold twice, last in March 2008, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 10 May 2017
Last soldAED 1.7M24 March 2008
Current rentAED 80K /yr10 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3203, Rimal 2

What is 3203 worth today?

Last sold for AED 1,700,000 in 2008

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10 May 2017RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
24 Mar 2008SoldReady
AED 1,700,000AED 1,207 per sqft
17 Feb 2008Sold by developerReady
AED 599,000AED 425 per sqft

Source: Dubai Land Department. Updated 10 May 2017.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
32nd of 40
Parking
G205
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.7M · March 2008
Building
Rimal 2

About 3203, Rimal 2

3203 is a two-bedroom apartment of 1,408 sqft on the 32nd floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 March 2008 for AED 1,700,000, or AED 1,207 per sqft, 184% above the AED 425 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2017. The current contract, signed on 10 May 2017, is AED 80,000 a year: a gross yield of 4.7% on the 2008 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, February 2008: AED 599,000 (AED 425 per sqft)Sold, March 2008: AED 1,700,000 (AED 1,207 per sqft)

3203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, each contractTypical two-bed in Rimal 2
100K150K2012201620202024Typical 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, May 2017: AED 80,000 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 3203 sits

All 54 2-beds →

3203 last sold in March 2008 at AED 1,207 per sqft, 184% above 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. 3203's AED 80,000 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 32nd floor

All 156 units in Rimal 2
Value
32012-bedAED 550K · Jul 2012
32022-bedAED 1.5M · Jul 2022
32042-bedAED 599K · Aug 2009

3203, Rimal 2 in numbers

  • Sold twice: first on 17 February 2008 for AED 599,000, last on 24 March 2008 for AED 1,700,000 (AED 1,207 per sqft).
  • Rented since May 2017 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2008 price is 4.7%, 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 10 May 2017.

Questions about 3203, Rimal 2

What did unit 3203 last sell for?

AED 1,700,000 on 24 March 2008: AED 1,207 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 599,000 in February 2008.

What is the rent for unit 3203?

AED 80,000 a year on the contract signed on 10 May 2017.

How big is unit 3203?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 32nd floor of a 40-storey tower completed in 2007.

What is unit 3203 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 3203, Rimal 2

Starts from the last sale price (AED 1.7M, 24 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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