Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 7th floor · completed 2007

702, Rimal 2

Sold prices and rental history: sold 4 times, last in October 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 1.18M9 October 2026
Current rentAED 80K /yr5 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Rimal 2

What is 702 worth today?

Last sold for AED 1,180,000 in 2026

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9 Oct 2026SoldReady
AED 1,180,000AED 1,555 per sqft
5 May 2026RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
5 May 2025RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
18 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 132 per sqft
18 Oct 2022RentedRenewal
AED 63,000/yr12 months · AED 83 per sqft
18 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
12 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
13 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
7th of 40
Parking
B610
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 1.18M · October 2026
Building
Rimal 2

About 702, Rimal 2

702 is a studio of 759 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 9 October 2026 for AED 1,180,000, or AED 1,555 per sqft.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 80,000 a year: a gross yield of 6.8% on the 2026 price, before the service charge of about AED 13,900 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, April 2008: AED 250,000 (AED 329 per sqft)Sold, May 2008: AED 1,000,000 (AED 1,318 per sqft)Sold, August 2009: AED 700,000 (AED 922 per sqft)Sold, October 2026: AED 1,180,000 (AED 1,555 per sqft)

702 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Rimal 2
50K75K100K2013201720212025Typical 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, July 2013: AED 70,000 a yearNew contract, July 2014: AED 85,000 a yearNew contract, November 2014: AED 65,000 a yearNew contract, November 2016: AED 80,000 a yearNew contract, February 2018: AED 75,000 a yearRenewal, February 2019: AED 67,500 a yearNew contract, January 2020: AED 60,000 a yearNew contract, March 2021: AED 50,000 a yearNew contract, October 2021: AED 60,000 a yearRenewal, October 2022: AED 63,000 a yearNew contract, December 2023: AED 100,000 a yearNew contract, May 2025: AED 80,000 a yearRenewal, May 2026: AED 80,000 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 702 sits

All 15 studios →

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. 702's AED 80,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Apr 2025540,000
14 Nov 202416,947
7 Nov 20241,225,000
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 7th floor

All 156 units in Rimal 2
Value
7011-bedAED 1.5M · Oct 2010
7031-bedAED 1.64M · Jun 2025
7043-bedAED 699K · Oct 2012
7053-bedAED 3.05M · Apr 2024

702, Rimal 2 in numbers

  • Sold 4 times: first on 8 April 2008 for AED 250,000, last on 9 October 2026 for AED 1,180,000 (AED 1,555 per sqft).
  • Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2026 price is 6.8%, 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 9 October 2026.

Questions about 702, Rimal 2

What did unit 702 last sell for?

AED 1,180,000 on 9 October 2026: AED 1,555 per sqft for 759 sqft. The unit has 4 registered sales; the first was AED 250,000 in April 2008.

What is the rent for unit 702?

AED 80,000 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 80,000; the unit has been rented since July 2013.

How big is unit 702?

759 sqft (70.5 sqm): a studio on the 7th floor of a 40-storey tower completed in 2007.

What is unit 702 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 702, Rimal 2

Starts from the last sale price (AED 1.18M, 9 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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