701, Rimal 2
Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Rimal 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 29 November 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 7th of 40
- Parking
- M640
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.5M · October 2010
- Building
- Rimal 2
About 701, Rimal 2
701 is a one-bedroom apartment of 1,146 sqft on the 7th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 October 2010 for AED 1,500,000, or AED 1,308 per sqft, 67% above the AED 785 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 29 November 2019, is AED 78,000 a year: a gross yield of 5.2% on the 2010 price, before the service charge of about AED 21,100 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 30 1-beds →701 last sold in October 2010 at AED 1,308 per sqft, 67% above what one-beds in Rimal 2 were fetching at the time (AED 785). 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. 701's AED 78,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,146 sqft | 1,755,320 | 1,531 | ||
| 10 Apr 202610 April 2026 | 1,146 sqft | 1,700,000 | 1,482 | ||
| 5 Jan 20265 January 2026 | 1,146 sqft | 1,675,000 | 1,461 | ||
| 29 Jul 202529 July 2025 | 1,146 sqft | 1,850,000 | 1,613 |
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 7th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 759 sqft | AED 1.18MAED 1,180,000 · Oct 2026October 2026 | 80,000 /yr | |
| 703 | 1-bed | 1,146 sqft | AED 1.64MAED 1,635,000 · Jun 2025June 2025 | 90,000 /yr | |
| 704 | 3-bed | 1,894 sqft | AED 699KAED 699,000 · Oct 2012October 2012 | 165,000 /yr | |
| 705 | 3-bed | 1,894 sqft | AED 3.05MAED 3,050,000 · Apr 2024April 2024 | 190,000 /yr |
701, Rimal 2 in numbers
- Sold twice: first on 16 October 2008 for AED 380,000, last on 21 October 2010 for AED 1,500,000 (AED 1,308 per sqft).
- Rented since December 2012 on 5 Ejari contracts, from AED 152,889 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2010 price is 5.2%, 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 29 November 2019.
Questions about 701, Rimal 2
What did unit 701 last sell for?
AED 1,500,000 on 21 October 2010: AED 1,308 per sqft for 1,146 sqft. The unit has 2 registered sales; the first was AED 380,000 in October 2008.
What is the rent for unit 701?
AED 78,000 a year on the contract renewed on 29 November 2019. The previous contract, from November 2018, was AED 90,000; the unit has been rented since December 2012.
How big is unit 701?
1,146 sqft (106.5 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 701 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 701, Rimal 2
Starts from the last sale price (AED 1.5M, 21 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →