1-bed · 1,146 sqftRimal 2, Jumeirah Beach Residence · 4th floor · completed 2007

401, Rimal 2

Sold prices and rental history: sold once, by the developer in April 2008, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 8 September 2016
Last soldAED 380K2 April 2008
Current rentAED 96K /yr8 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Rimal 2

What is 401 worth today?

Last sold for AED 380,000 in 2008

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8 Sep 2016RentedNew contract
AED 95,700/yr12 months · AED 83 per sqft
2 Apr 2008Sold by developerReady
AED 380,000AED 331 per sqft

Source: Dubai Land Department. Updated 8 September 2016.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
4th of 40
Parking
M637
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 380K · April 2008
Building
Rimal 2

About 401, Rimal 2

401 is a one-bedroom apartment of 1,146 sqft on the 4th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 April 2008 for AED 380,000, or AED 331 per sqft, 8% below the AED 361 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 September 2016. The current contract, signed on 8 September 2016, is AED 95,700 a year: a gross yield of 25.2% on the 2008 price, before the service charge of about AED 21,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Rimal 2
1M20072012201720222027Typical sale price by year: 2007 AED 415,000; 2008 AED 380,000; 2009 AED 397,500; 2010 AED 657,500; 2011 AED 870,000; 2012 AED 380,000; 2013 AED 1,090,000; 2025 AED 1,635,000; 2026 AED 1,700,000Sold by developer, April 2008: AED 380,000 (AED 331 per sqft)

401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, each contractTypical one-bed in Rimal 2
75K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 105,250; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 88,500; 2019 AED 79,000; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 99,225; 2025 AED 105,000; 2026 AED 93,000New contract, September 2016: AED 95,700 a year

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

1-beds in Rimal 2, and where 401 sits

All 30 1-beds →

401 last sold in April 2008 at AED 331 per sqft, 8% below what one-beds in Rimal 2 were fetching at the time (AED 361). Over the last 12 months one-beds sold for AED 1,675,000 to 1,755,320, around AED 1,482 per sqft, and rent for AED 85,000 to 110,000 a year. 401's AED 95,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,755,320
10 Apr 20261,700,000
5 Jan 20261,675,000
29 Jul 20251,850,000
3 1-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 4th floor

All 156 units in Rimal 2
Value
402StudioAED 1.27M · Jun 2024
4031-bedAED 1.68M · Jan 2026
4043-bedAED 3.13M · Mar 2018
4053-bedAED 3.78M · Aug 2014

401, Rimal 2 in numbers

  • Sold once: by Dubai Properties on 2 April 2008 for AED 380,000, or AED 331 per sqft.
  • Rented since September 2016 on one Ejari contract, at AED 95,700 a year.
  • At AED 95,700 a year the gross yield on the 2008 price is 25.2%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
  • One-beds in Rimal 2 sold for AED 1,675,000–1,755,320 in the 12 months to November 2026; the building's median across all types is AED 1,636 per sqft.

Source: Dubai Land Department. Updated 8 September 2016.

Questions about 401, Rimal 2

What did unit 401 last sell for?

AED 380,000 on 2 April 2008, sold by the developer: AED 331 per sqft for 1,146 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 95,700 a year on the contract signed on 8 September 2016.

How big is unit 401?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 4th floor of a 40-storey tower completed in 2007.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 2 sold for AED 1,675,000 to 1,755,320 in the last 12 months, around AED 1,482 per sqft.

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Mortgage on 401, Rimal 2

Starts from the last sale price (AED 380K, 2 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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