Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 1st floor · completed 2007

107, Rimal 3

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2010. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 299K19 September 2007
Current rentAED 45K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Rimal 3

What is 107 worth today?

Last sold for AED 299,000 in 2007

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1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
1 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
20 Jun 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
29 May 2018RentedRenewal
AED 68,250/yr12 months · AED 91 per sqft
29 May 2017RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
11 Dec 2015RentedNew contract
AED 83,000/yr12 months · AED 110 per sqft
8 Dec 2014RentedRenewal
AED 78,000/yr12 months · AED 104 per sqft
8 Dec 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
1st of 41
Parking
B545
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 299K · September 2007
Building
Rimal 3

About 107, Rimal 3

107 is a studio of 757 sqft on the 1st floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 September 2007 for AED 299,000, or AED 395 per sqft.

It has been rented continuously since 2010 on 11 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 45,000 a year: a gross yield of 15.0% on the 2007 price, before the service charge of about AED 13,600 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical studio in Rimal 3
1M2007201220172022Typical sale price by year: 2007 AED 250,000; 2008 AED 299,000; 2010 AED 250,000; 2012 AED 549,500; 2013 AED 995,000; 2015 AED 600,000; 2022 AED 1,050,000; 2023 AED 1,400,000Sold by developer, September 2007: AED 299,000 (AED 395 per sqft)

107 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 107, each contractTypical studio in Rimal 3
50K75K2010201520202025Typical rent by year: 2012 AED 65,000; 2013 AED 67,000; 2014 AED 76,500; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 57,750; 2021 AED 48,000; 2022 AED 50,158; 2023 AED 60,800; 2024 AED 58,600; 2025 AED 83,000; 2026 AED 80,000New contract, November 2010: AED 65,000 a yearRenewal, November 2011: AED 65,000 a yearNew contract, November 2012: AED 65,000 a yearNew contract, December 2013: AED 75,000 a yearRenewal, December 2014: AED 78,000 a yearNew contract, December 2015: AED 83,000 a yearNew contract, May 2017: AED 65,000 a yearRenewal, May 2018: AED 68,250 a yearNew contract, June 2019: AED 55,000 a yearNew contract, September 2020: AED 38,000 a yearRenewal, September 2021: AED 45,000 a year

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

Studios in Rimal 3, and where 107 sits

All 22 studios →

107's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
15 May 20251,230,000
2 Oct 20241,300,000
7 Feb 20241,200,000
14 Dec 20231,400,000
0 studio sales in the last 12 months

Rimal 3

Building

222 apartments, studios to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,614
Typical sale
AED 2.09M
Typical rent
AED 131K /yr
Typical yield
5.9%
Rimal 3, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 222 units in Rimal 3
Value
1013-bedAED 2.05M · Aug 2017
1023-bedAED 699K · Sep 2016
1031-bedAED 850K · Nov 2019
104StudioAED 199K · Sep 2007
1051-bedAED 764K · Apr 2026
1061-bedAED 1.15M · May 2021
1081-bedAED 449K · May 2013

107, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 19 September 2007 for AED 299,000, or AED 395 per sqft.
  • Rented since November 2010 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2020 and recovered to AED 45,000 by September 2021.
  • At AED 45,000 a year the gross yield on the 2007 price is 15.0%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 1 September 2021.

Questions about 107, Rimal 3

What did unit 107 last sell for?

AED 299,000 on 19 September 2007, sold by the developer: AED 395 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 45,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 38,000; the unit has been rented since November 2010.

How big is unit 107?

757 sqft (70.3 sqm): a studio on the 1st floor of a 41-storey tower completed in 2007.

What is unit 107 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 107, Rimal 3

Starts from the last sale price (AED 299K, 19 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

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