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Studio · 759 sqftRimal 2, Jumeirah Beach Residence · 9th floor · completed 2007

902, Rimal 2

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 560K23 May 2011
Current rentAED 50K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Rimal 2

What is 902 worth today?

Last sold for AED 560,000 in 2011

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1 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
2 Jan 2020RentedRenewal
AED 65,000/yr6 months · AED 86 per sqft
2 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
6 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
23 May 2011SoldReady
AED 560,000AED 738 per sqft
2 Jan 2008Sold by developerReady
AED 250,000AED 329 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
Studio apartment
Size
759 sqft
Floor
9th of 40
Parking
B612
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,900 /yr
Last sold
AED 560K · May 2011
Building
Rimal 2

About 902, Rimal 2

902 is a studio of 759 sqft on the 9th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 May 2011 for AED 560,000, or AED 738 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 April 2021, is AED 50,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 13,900 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, January 2008: AED 250,000 (AED 329 per sqft)Sold, May 2011: AED 560,000 (AED 738 per sqft)

902 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 902, each contractTypical studio in Rimal 2
60K80K2013201720212025Typical 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, September 2017: AED 80,000 a yearNew contract, January 2019: AED 65,000 a yearRenewal, January 2020: AED 65,000 a yearNew contract, April 2021: AED 50,000 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 902 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. 902's AED 50,000 is at the bottom 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 9th floor

All 156 units in Rimal 2
Value
9011-bedAED 1.2M · Nov 2007
9031-bedAED 380K · Feb 2008
9043-bedAED 4.35M · Aug 2025
9053-bedAED 4.8M · Apr 2026

902, Rimal 2 in numbers

  • Sold twice: first on 2 January 2008 for AED 250,000, last on 23 May 2011 for AED 560,000 (AED 738 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2011 price is 8.9%, 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 1 April 2021.

Questions about 902, Rimal 2

What did unit 902 last sell for?

AED 560,000 on 23 May 2011: AED 738 per sqft for 759 sqft. The unit has 2 registered sales; the first was AED 250,000 in January 2008.

What is the rent for unit 902?

AED 50,000 a year on the contract signed on 1 April 2021. The previous contract, from January 2020, was AED 65,000; the unit has been rented since September 2017.

How big is unit 902?

759 sqft (70.5 sqm): a studio on the 9th floor of a 40-storey tower completed in 2007.

What is unit 902 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 902, Rimal 2

Starts from the last sale price (AED 560K, 23 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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