Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 4th floor · completed 2007

402, Rimal 2

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 1.27M26 June 2024
Current rentAED 88K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Rimal 2

What is 402 worth today?

Last sold for AED 1,270,000 in 2024

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12 Sep 2025RentedNew contract
AED 88,000/yr12 months · AED 116 per sqft
5 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 112 per sqft
26 Jun 2024SoldReady
AED 1,270,000AED 1,674 per sqft
13 Jun 2024SoldReady
AED 1,100,000AED 1,449 per sqft
9 Aug 2021SoldReady
AED 1,090,000AED 1,436 per sqft
11 Jul 2021SoldReady
AED 850,000AED 1,120 per sqft
20 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
20 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
4th of 40
Parking
B602
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.27M · June 2024
Building
Rimal 2

About 402, Rimal 2

402 is a studio of 759 sqft on the 4th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 June 2024 for AED 1,270,000, or AED 1,674 per sqft, 4% above the AED 1,613 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 12 September 2025, is AED 88,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Rimal 2
500K1M2008201320182023Typical sale price by year: 2008 AED 275,000; 2009 AED 475,000; 2012 AED 392,700; 2014 AED 1,225,000; 2021 AED 850,000; 2024 AED 1,225,000Sold by developer, March 2009: AED 250,000 (AED 329 per sqft)Sold, July 2021: AED 850,000 (AED 1,120 per sqft)Sold, August 2021: AED 1,090,000 (AED 1,436 per sqft)Sold, June 2024: AED 1,270,000 (AED 1,674 per sqft)Sold, June 2024: AED 1,100,000 (AED 1,449 per sqft)

402 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 402, each contractTypical studio in Rimal 2
50K75K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 71,884; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 72,500; 2018 AED 71,250; 2019 AED 61,250; 2020 AED 57,500; 2021 AED 55,000; 2022 AED 57,000; 2023 AED 60,000; 2024 AED 71,761; 2025 AED 73,521; 2026 AED 65,500New contract, November 2019: AED 55,000 a yearNew contract, October 2020: AED 42,000 a yearNew contract, September 2024: AED 85,000 a yearNew contract, September 2025: AED 88,000 a year

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

Studios in Rimal 2, and where 402 sits

All 15 studios →

402 last sold in June 2024 at AED 1,674 per sqft, 4% above what studios in Rimal 2 were fetching at the time (AED 1,613). Over the last 12 months studios sold for AED 1,180,000, around AED 1,555 per sqft, and rent for AED 57,000 to 112,000 a year. 402's AED 88,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,180,000
2 Apr 2025540,000
14 Nov 202416,947
7 Nov 20241,225,000
1 studio sale 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
4011-bedAED 380K · Apr 2008
4031-bedAED 1.68M · Jan 2026
4043-bedAED 3.13M · Mar 2018
4053-bedAED 3.78M · Aug 2014

402, Rimal 2 in numbers

  • Sold 5 times: first on 4 March 2009 for AED 250,000, last on 26 June 2024 for AED 1,270,000 (AED 1,674 per sqft).
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2020 and recovered to AED 88,000 by September 2025.
  • At AED 88,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 13,900 a year (AED 18.38 per sqft).
  • Studios in Rimal 2 sold for AED 1,180,000–1,180,000 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 12 September 2025.

Questions about 402, Rimal 2

What did unit 402 last sell for?

AED 1,270,000 on 26 June 2024: AED 1,674 per sqft for 759 sqft. The unit has 5 registered sales; the first was AED 250,000 in March 2009.

What is the rent for unit 402?

AED 88,000 a year on the contract signed on 12 September 2025. The previous contract, from September 2024, was AED 85,000; the unit has been rented since November 2019.

How big is unit 402?

759 sqft (70.5 sqm): a studio on the 4th floor of a 40-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Rimal 2 sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 1,555 per sqft.

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Mortgage on 402, Rimal 2

Starts from the last sale price (AED 1.27M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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