L01, Rimal 2
Sold prices and rental history: sold twice, last in September 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L01, Rimal 2
What is L01 worth today?
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Source: Dubai Land Department. Updated 4 July 2023.
Key facts
- Type
- Penthouse apartment
- Size
- 2,203 sqft
- Floor
- Ground of 40
- Parking
- G213-14
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 40,500 /yr
- Last sold
- AED 3M · September 2014
- Building
- Rimal 2
About L01, Rimal 2
L01 is a penthouse of 2,203 sqft on the ground floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 September 2014 for AED 3,000,000, or AED 1,362 per sqft.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 4 July 2023, is AED 100,000 a year: a gross yield of 3.3% on the 2014 price, before the service charge of about AED 40,500 a year.
Sales and rents for L01 over time
L01 has sold twice; the dashed line is the penthouse median of each year in the building.
Penthouses in Rimal 2, and where L01 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202119 May 2021 | 2,186 sqft | 2,298,936 | 1,051 | ||
| 8 Aug 20168 August 2016 | 5,714 sqft | 8,850,000 | 1,548 | ||
| 22 May 201622 May 2016 | 2,192 sqft | 6,300,000 | 2,873 | ||
| 14 Feb 201214 February 2012 | 5,714 sqft | 6,000,000 | 1,050 |
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 ground floor
All 156 units in Rimal 2L01, Rimal 2 in numbers
- Sold twice: first on 30 December 2008 for AED 1,645,000, last on 30 September 2014 for AED 3,000,000 (AED 1,362 per sqft).
- Rented since October 2016 on 2 Ejari contracts, from AED 150,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2014 price is 3.3%, before a service charge of about AED 40,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 4 July 2023.
Questions about L01, Rimal 2
What did unit L01 last sell for?
AED 3,000,000 on 30 September 2014: AED 1,362 per sqft for 2,203 sqft. The unit has 2 registered sales; the first was AED 1,645,000 in December 2008.
What is the rent for unit L01?
AED 100,000 a year on the contract signed on 4 July 2023. The previous contract, from October 2016, was AED 150,000.
How big is unit L01?
2,203 sqft (204.7 sqm): a penthouse on the ground floor of a 40-storey tower completed in 2007.
What is unit L01 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on L01, Rimal 2
Starts from the last sale price (AED 3M, 30 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →