704, Rimal 2
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Rimal 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,894 sqft
- Floor
- 7th of 40
- Parking
- B615-16
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,800 /yr
- Last sold
- AED 699K · October 2012
- Building
- Rimal 2
About 704, Rimal 2
704 is a three-bedroom apartment of 1,894 sqft on the 7th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 October 2012 for AED 699,000, or AED 369 per sqft, 44% below the AED 660 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 1 August 2026, is AED 165,000 a year: a gross yield of 23.6% on the 2012 price, before the service charge of about AED 34,800 a year.
Sales and rents for 704 over time
704 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rimal 2, and where 704 sits
All 43 3-beds →704 last sold in October 2012 at AED 369 per sqft, 44% below what three-beds in Rimal 2 were fetching at the time (AED 660). Over the last 12 months three-beds sold for AED 3,100,000 to 4,800,000, around AED 2,428 per sqft, and rent for AED 80,000 to 240,000 a year. 704's AED 165,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Apr 20262 April 2026 | 1,894 sqft | 4,800,000 | 2,534 | ||
| 12 Mar 202612 March 2026 | 1,894 sqft | 3,100,000 | 1,636 | ||
| 20 Nov 202520 November 2025 | 1,894 sqft | 4,600,000 | 2,428 | ||
| 30 Sep 202530 September 2025 | 1,903 sqft | 4,950,000 | 2,600 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,146 sqft | AED 1.5MAED 1,500,000 · Oct 2010October 2010 | 78,000 /yr | |
| 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 | |
| 705 | 3-bed | 1,894 sqft | AED 3.05MAED 3,050,000 · Apr 2024April 2024 | 190,000 /yr |
704, Rimal 2 in numbers
- Sold once: by Dubai Properties on 21 October 2012 for AED 699,000, or AED 369 per sqft.
- Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2021 and recovered to AED 165,000 by August 2026.
- At AED 165,000 a year the gross yield on the 2012 price is 23.6%, before a service charge of about AED 34,800 a year (AED 18.38 per sqft).
- Three-beds in Rimal 2 sold for AED 3,100,000–4,800,000 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 1 August 2026.
Questions about 704, Rimal 2
What did unit 704 last sell for?
AED 699,000 on 21 October 2012, sold by the developer: AED 369 per sqft for 1,894 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 165,000 a year on the contract signed on 1 August 2026. The previous contract, from April 2023, was AED 131,250; the unit has been rented since January 2013.
How big is unit 704?
1,894 sqft (176.0 sqm): a three-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 2 sold for AED 3,100,000 to 4,800,000 in the last 12 months, around AED 2,428 per sqft.
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Mortgage on 704, Rimal 2
Starts from the last sale price (AED 699K, 21 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →