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3-bed · 1,985 sqftRimal 1, Jumeirah Beach Residence · completed 2007

UP03, Rimal 1

Sold prices and rental history: sold once, by the developer in June 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP03 · DLD and Ejari recordsUpdated 23 June 2010
Last soldAED 3.35M23 June 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP03, Rimal 1

What is UP03 worth today?

Last sold for AED 3,346,000 in 2010

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23 Jun 2010Sold by developerReady
AED 3,346,000AED 1,685 per sqft

Source: Dubai Land Department. Updated 23 June 2010.

Key facts

Type
3-bed apartment
Size
1,985 sqft
Parking
M534/ M535
Developer
Dubai Properties
Completed
2007
Service charge
AED 31,200 /yr
Last sold
AED 3.35M · June 2010
Building
Rimal 1

About UP03, Rimal 1

UP03 is a three-bedroom apartment of 1,985 sqft of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 23 June 2010 for AED 3,346,000, or AED 1,685 per sqft, 64% above the AED 1,028 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for UP03 over time

Sales
Unit UP03, each saleTypical three-bed in Rimal 1
2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,800,000; 2013 AED 1,700,000; 2014 AED 2,050,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,625,000; 2025 AED 2,725,000; 2026 AED 2,700,000Sold by developer, June 2010: AED 3,346,000 (AED 1,685 per sqft)

UP03 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP03, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 123,500; 2013 AED 136,000; 2014 AED 165,000; 2015 AED 165,990; 2016 AED 161,375; 2017 AED 157,500; 2018 AED 150,000; 2019 AED 130,250; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 121,000; 2023 AED 137,750; 2024 AED 168,750; 2025 AED 165,000; 2026 AED 160,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 1, and where UP03 sits

All 60 3-beds →

UP03 last sold in June 2010 at AED 1,685 per sqft, 64% above what three-beds in Rimal 1 were fetching at the time (AED 1,028). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 123,347 to 280,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Aug 20262,650,000
18 Aug 20262,700,000
9 Mar 20263,100,000
22 Dec 20252,619,378
5 3-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,449 Down 0.6%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.4%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

UP03, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 23 June 2010 for AED 3,346,000, or AED 1,685 per sqft.
  • Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.

Source: Dubai Land Department. Updated 23 June 2010.

Questions about UP03, Rimal 1

What did unit UP03 last sell for?

AED 3,346,000 on 23 June 2010, sold by the developer: AED 1,685 per sqft for 1,985 sqft. It is the only registered sale of the unit.

How big is unit UP03?

1,985 sqft (184.4 sqm): a three-bedroom apartment of a 47-storey tower completed in 2007.

What is unit UP03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 3,100,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on UP03, Rimal 1

Starts from the last sale price (AED 3.35M, 23 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,346,000
Deposit, UAE resident (20%)
AED 669,200
Deposit, non-resident (40%)
AED 1,338,400
Monthly over 25 years at 3.7%
AED 13,690

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