4-bed · 2,871 sqftRimal 2, Jumeirah Beach Residence · 35th floor · completed 2007

3501, Rimal 2

Sold prices and rental history: sold 6 times, last in June 2021, and rented once, from April 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 13 June 2021
Last soldAED 2.9M13 June 2021
Current rentAED 200K /yr10 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Rimal 2

What is 3501 worth today?

Last sold for AED 2,900,000 in 2021

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13 Jun 2021SoldReady
AED 2,900,000AED 1,010 per sqft
10 Apr 2018RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
2 Jun 2015SoldReady
AED 4,450,000AED 1,550 per sqft
20 Oct 2014SoldReady
AED 5,167,129AED 1,799 per sqft
18 Jun 2013SoldReady
AED 3,025,000AED 1,053 per sqft
17 Mar 2008SoldReady
AED 3,300,000AED 1,149 per sqft
4 Nov 2007Sold by developerReady
AED 875,000AED 304 per sqft

Source: Dubai Land Department. Updated 13 June 2021.

Key facts

Type
4-bed apartment
Size
2,871 sqft
Floor
35th of 40
Parking
G226-27
Developer
Dubai Properties
Completed
2007
Service charge
AED 52,800 /yr
Last sold
AED 2.9M · June 2021
Building
Rimal 2

About 3501, Rimal 2

3501 is a four-bedroom apartment of 2,871 sqft on the 35th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 June 2021 for AED 2,900,000, or AED 1,010 per sqft.

One Ejari contract is registered, from 10 April 2018. The current contract, signed on 10 April 2018, is AED 200,000 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 52,800 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical four-bed in Rimal 2
2M4M2007201120152019Typical sale price by year: 2007 AED 875,000; 2008 AED 949,000; 2009 AED 3,080,000; 2013 AED 2,300,000; 2014 AED 5,000,000Sold by developer, November 2007: AED 875,000 (AED 304 per sqft)Sold, March 2008: AED 3,300,000 (AED 1,149 per sqft)Sold, June 2013: AED 3,025,000 (AED 1,053 per sqft)Sold, October 2014: AED 5,167,129 (AED 1,799 per sqft)Sold, June 2015: AED 4,450,000 (AED 1,550 per sqft)Sold, June 2021: AED 2,900,000 (AED 1,010 per sqft)

3501 has sold 6 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3501, each contractTypical four-bed in Rimal 2
150K200K2016201920222025Typical rent by year: 2016 AED 216,578; 2017 AED 171,006; 2018 AED 189,189; 2019 AED 168,000; 2021 AED 150,000; 2024 AED 224,400; 2025 AED 224,700New contract, April 2018: AED 200,000 a year

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

4-beds in Rimal 2, and where 3501 sits

All 11 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
15 Nov 20233,500,000
25 Feb 20223,000,000
15 Dec 20214,000,000
12 Nov 20203,000,000
0 4-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 35th floor

All 156 units in Rimal 2
Value
35024-bedAED 2M · Jun 2009

3501, Rimal 2 in numbers

  • Sold 6 times: first on 4 November 2007 for AED 875,000, last on 13 June 2021 for AED 2,900,000 (AED 1,010 per sqft).
  • Rented since April 2018 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 52,800 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 13 June 2021.

Questions about 3501, Rimal 2

What did unit 3501 last sell for?

AED 2,900,000 on 13 June 2021: AED 1,010 per sqft for 2,871 sqft. The unit has 6 registered sales; the first was AED 875,000 in November 2007.

What is the rent for unit 3501?

AED 200,000 a year on the contract signed on 10 April 2018.

How big is unit 3501?

2,871 sqft (266.7 sqm): a four-bedroom apartment on the 35th floor of a 40-storey tower completed in 2007.

What is unit 3501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3501, Rimal 2

Starts from the last sale price (AED 2.9M, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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