3702, Rimal 2
Sold prices and rental history: sold twice, last in March 2016, 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 3702, Rimal 2
What is 3702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 March 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,882 sqft
- Floor
- 37th of 40
- Parking
- M289,M290
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 53,000 /yr
- Last sold
- AED 5M · March 2016
- Building
- Rimal 2
About 3702, Rimal 2
3702 is a four-bedroom apartment of 2,882 sqft on the 37th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 March 2016 for AED 5,000,000, or AED 1,735 per sqft, 12% above the AED 1,550 four-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 16 March 2024, is AED 125,000 a year: a gross yield of 2.5% on the 2016 price, before the service charge of about AED 53,000 a year.
Sales and rents for 3702 over time
3702 has sold twice; 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 3702 sits
All 11 4-beds →3702 last sold in March 2016 at AED 1,735 per sqft, 12% above what four-beds in Rimal 2 were fetching at the time (AED 1,550).
| 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 | |||||
|---|---|---|---|---|---|
| 3701 | 4-bed | 2,871 sqft | AED 875KAED 875,000 · Oct 2013October 2013 | 49,500 /yr |
3702, Rimal 2 in numbers
- Sold twice: first on 24 June 2008 for AED 949,000, last on 3 March 2016 for AED 5,000,000 (AED 1,735 per sqft).
- Rented since September 2013 on 9 Ejari contracts, from AED 260,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2016 price is 2.5%, before a service charge of about AED 53,000 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 16 March 2024.
Questions about 3702, Rimal 2
What did unit 3702 last sell for?
AED 5,000,000 on 3 March 2016: AED 1,735 per sqft for 2,882 sqft. The unit has 2 registered sales; the first was AED 949,000 in June 2008.
What is the rent for unit 3702?
AED 125,000 a year on the contract renewed on 16 March 2024. The previous contract, from March 2021, was AED 125,000; the unit has been rented since September 2013.
How big is unit 3702?
2,882 sqft (267.7 sqm): a four-bedroom apartment on the 37th floor of a 40-storey tower completed in 2007.
What is unit 3702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 3702? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3702, Rimal 2
Starts from the last sale price (AED 5M, 3 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →