4002, Rimal 2
Sold prices and rental history: sold twice, last in February 2012, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4002, Rimal 2
What is 4002 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 7 August 2013.
Key facts
- Type
- Penthouse apartment
- Size
- 5,714 sqft
- Floor
- 40th of 40
- Parking
- G215/G216
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 105,000 /yr
- Last sold
- AED 6M · February 2012
- Building
- Rimal 2
About 4002, Rimal 2
4002 is a penthouse of 5,714 sqft on the 40th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 February 2012 for AED 6,000,000, or AED 1,050 per sqft, in line with the AED 1,050 penthouses in the building were fetching at the time.
One Ejari contract is registered, from 7 August 2013. The current contract, signed on 7 August 2013, is AED 165,000 a year: a gross yield of 2.8% on the 2012 price, before the service charge of about AED 105,000 a year.
Sales and rents for 4002 over time
4002 has sold twice; the dashed line is the penthouse median of each year in the building.
Penthouses in Rimal 2, and where 4002 sits
All 6 penthouses →4002 last sold in February 2012 at AED 1,050 per sqft, in line with what penthouses in Rimal 2 were fetching at the time (AED 1,050).
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202119 May 2021 | 2,186 sqft | 2,298,936 | 1,051 | ||
| 8 Aug 20168 August 2016 | 5,714 sqft | 8,850,000 | 1,548 | ||
| 22 May 201622 May 2016 | 2,192 sqft | 6,300,000 | 2,873 | ||
| 30 Sep 201430 September 2014 | 2,203 sqft | 3,000,000 | 1,362 |
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 40th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | Penthouse | 5,714 sqft | AED 8.85MAED 8,850,000 · Aug 2016August 2016 | 450,000 /yr |
4002, Rimal 2 in numbers
- Sold twice: first on 23 October 2008 for AED 3,960,000, last on 14 February 2012 for AED 6,000,000 (AED 1,050 per sqft).
- Rented since August 2013 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2012 price is 2.8%, before a service charge of about AED 105,000 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 7 August 2013.
Questions about 4002, Rimal 2
What did unit 4002 last sell for?
AED 6,000,000 on 14 February 2012: AED 1,050 per sqft for 5,714 sqft. The unit has 2 registered sales; the first was AED 3,960,000 in October 2008.
What is the rent for unit 4002?
AED 165,000 a year on the contract signed on 7 August 2013.
How big is unit 4002?
5,714 sqft (530.8 sqm): a penthouse on the 40th floor of a 40-storey tower completed in 2007.
What is unit 4002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 4002? 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 4002, Rimal 2
Starts from the last sale price (AED 6M, 14 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →