Penthouse · 2,192 sqftRimal 2, Jumeirah Beach Residence · Ground floor · completed 2007

L04, Rimal 2

Sold prices and rental history: sold 3 times, last in May 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L04 · DLD and Ejari recordsUpdated 22 May 2016
Last soldAED 6.3M22 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L04, Rimal 2

What is L04 worth today?

Last sold for AED 6,300,000 in 2016

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22 May 2016SoldReady
AED 6,300,000AED 2,873 per sqft
6 Feb 2008SoldReady
AED 4,500,000AED 2,052 per sqft
13 Jan 2008Sold by developerReady
AED 1,560,000AED 711 per sqft

Source: Dubai Land Department. Updated 22 May 2016.

Key facts

Type
Penthouse apartment
Size
2,192 sqft
Floor
Ground of 40
Parking
nan
Developer
Dubai Properties
Completed
2007
Service charge
AED 40,300 /yr
Last sold
AED 6.3M · May 2016
Building
Rimal 2

About L04, Rimal 2

L04 is a penthouse of 2,192 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 22 May 2016 for AED 6,300,000, or AED 2,873 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for L04 over time

Sales
Unit L04, each saleTypical penthouse in Rimal 2
2.5M5M200820112014Typical sale price by year: 2008 AED 3,960,000; 2011 AED 2,000,000Sold by developer, January 2008: AED 1,560,000 (AED 711 per sqft)Sold, February 2008: AED 4,500,000 (AED 2,052 per sqft)Sold, May 2016: AED 6,300,000 (AED 2,873 per sqft)

L04 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Penthouses in Rimal 2, and where L04 sits

All 6 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
19 May 20212,298,936
8 Aug 20168,850,000
30 Sep 20143,000,000
14 Feb 20126,000,000
0 penthouse sales 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 ground floor

All 156 units in Rimal 2
Value
L01PenthouseAED 3M · Sep 2014
L02PenthouseAED 2M · Nov 2011
L03PenthouseAED 2.3M · May 2021
LP14-bedAED 3.5M · Nov 2023

L04, Rimal 2 in numbers

  • Sold 3 times: first on 13 January 2008 for AED 1,560,000, last on 22 May 2016 for AED 6,300,000 (AED 2,873 per sqft).

Source: Dubai Land Department. Updated 22 May 2016.

Questions about L04, Rimal 2

What did unit L04 last sell for?

AED 6,300,000 on 22 May 2016: AED 2,873 per sqft for 2,192 sqft. The unit has 3 registered sales; the first was AED 1,560,000 in January 2008.

How big is unit L04?

2,192 sqft (203.6 sqm): a penthouse on the ground floor of a 40-storey tower completed in 2007.

What is unit L04 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 L04, Rimal 2

Starts from the last sale price (AED 6.3M, 22 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

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