3701, Rimal 2
Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3701, Rimal 2
What is 3701 worth today?
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Source: Dubai Land Department. Updated 10 May 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 2,871 sqft
- Floor
- 37th of 40
- Parking
- G208-9
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 52,800 /yr
- Last sold
- AED 875K · October 2013
- Building
- Rimal 2
About 3701, Rimal 2
3701 is a four-bedroom apartment of 2,871 sqft on the 37th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 3 October 2013 for AED 875,000, or AED 304 per sqft, 69% below the AED 975 four-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 May 2021, is AED 49,500 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 52,800 a year.
Sales and rents for 3701 over time
3701 has sold once; the dashed line is the four-bed median of each year in the building.
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 3701 sits
All 11 4-beds →3701 last sold in October 2013 at AED 304 per sqft, 69% below what four-beds in Rimal 2 were fetching at the time (AED 975).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Nov 202315 November 2023 | 3,221 sqft | 3,500,000 | 1,086 | ||
| 25 Feb 202225 February 2022 | 2,882 sqft | 3,000,000 | 1,041 | ||
| 15 Dec 202115 December 2021 | 2,882 sqft | 4,000,000 | 1,388 | ||
| 13 Jun 202113 June 2021 | 2,871 sqft | 2,900,000 | 1,010 |
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 37th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3702 | 4-bed | 2,882 sqft | AED 5MAED 5,000,000 · Mar 2016March 2016 | 125,000 /yr |
3701, Rimal 2 in numbers
- Sold once: by Dubai Properties on 3 October 2013 for AED 875,000, or AED 304 per sqft.
- Rented since January 2016 on 6 Ejari contracts, from AED 57,000 to AED 49,500 a year.
- At AED 49,500 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 52,800 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 10 May 2021.
Questions about 3701, Rimal 2
What did unit 3701 last sell for?
AED 875,000 on 3 October 2013, sold by the developer: AED 304 per sqft for 2,871 sqft. It is the only registered sale of the unit.
What is the rent for unit 3701?
AED 49,500 a year on the contract signed on 10 May 2021. The previous contract, from January 2020, was AED 55,000; the unit has been rented since January 2016.
How big is unit 3701?
2,871 sqft (266.7 sqm): a four-bedroom apartment on the 37th floor of a 40-storey tower completed in 2007.
What is unit 3701 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 3701, Rimal 2
Starts from the last sale price (AED 875K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →