4-bed · 2,882 sqftRimal 2, Jumeirah Beach Residence · 36th floor · completed 2007

3602, Rimal 2

Sold prices and rental history: sold 3 times, last in December 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 15 December 2021
Last soldAED 4M15 December 2021
Current rentAED 113K /yr28 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Rimal 2

What is 3602 worth today?

Last sold for AED 4,000,000 in 2021

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15 Dec 2021SoldReady
AED 4,000,000AED 1,388 per sqft
28 Mar 2015RentedNew contract
AED 112,745/yr6 months · AED 39 per sqft
4 Jun 2014SoldReady
AED 5,000,000AED 1,735 per sqft
28 Mar 2014RentedNew contract
AED 230,000/yr12 months · AED 80 per sqft
28 Mar 2013RentedNew contract
AED 220,000/yr12 months · AED 76 per sqft
14 May 2012Sold by developerReady
AED 949,000AED 329 per sqft

Source: Dubai Land Department. Updated 15 December 2021.

Key facts

Type
4-bed apartment
Size
2,882 sqft
Floor
36th of 40
Parking
G217-18
Developer
Dubai Properties
Completed
2007
Service charge
AED 53,000 /yr
Last sold
AED 4M · December 2021
Building
Rimal 2

About 3602, Rimal 2

3602 is a four-bedroom apartment of 2,882 sqft on the 36th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 December 2021 for AED 4,000,000, or AED 1,388 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 28 March 2015, is AED 112,745 a year: a gross yield of 2.8% on the 2021 price, before the service charge of about AED 53,000 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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, May 2012: AED 949,000 (AED 329 per sqft)Sold, June 2014: AED 5,000,000 (AED 1,735 per sqft)Sold, December 2021: AED 4,000,000 (AED 1,388 per sqft)

3602 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3602, each contractTypical four-bed in Rimal 2
100K200K2013201720212025Typical 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, March 2013: AED 220,000 a yearNew contract, March 2014: AED 230,000 a yearNew contract, March 2015: AED 112,745 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 3602 sits

All 11 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
15 Nov 20233,500,000
25 Feb 20223,000,000
13 Jun 20212,900,000
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 36th floor

All 156 units in Rimal 2
Value
36014-bedAED 2.8M · Oct 2012

3602, Rimal 2 in numbers

  • Sold 3 times: first on 14 May 2012 for AED 949,000, last on 15 December 2021 for AED 4,000,000 (AED 1,388 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 220,000 to AED 112,745 a year.
  • At AED 112,745 a year the gross yield on the 2021 price is 2.8%, before a service charge of about AED 53,000 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 15 December 2021.

Questions about 3602, Rimal 2

What did unit 3602 last sell for?

AED 4,000,000 on 15 December 2021: AED 1,388 per sqft for 2,882 sqft. The unit has 3 registered sales; the first was AED 949,000 in May 2012.

What is the rent for unit 3602?

AED 112,745 a year on the contract signed on 28 March 2015. The previous contract, from March 2014, was AED 230,000; the unit has been rented since March 2013.

How big is unit 3602?

2,882 sqft (267.7 sqm): a four-bedroom apartment on the 36th floor of a 40-storey tower completed in 2007.

What is unit 3602 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 3602, Rimal 2

Starts from the last sale price (AED 4M, 15 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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