1-bed · 929 sqftRimal 3, Jumeirah Beach Residence · 11th floor · completed 2007

1108, Rimal 3

Sold prices and rental history: sold twice, last in February 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 10 December 2020
Last soldAED 1.5M4 February 2008
Current rentAED 60K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Rimal 3

What is 1108 worth today?

Last sold for AED 1,500,000 in 2008

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10 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
10 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
3 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
20 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 124 per sqft
4 Feb 2008SoldReady
AED 1,500,000AED 1,614 per sqft
11 Dec 2007Sold by developerReady
AED 449,000AED 483 per sqft

Source: Dubai Land Department. Updated 10 December 2020.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
11th of 41
Parking
M510
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,700 /yr
Last sold
AED 1.5M · February 2008
Building
Rimal 3

About 1108, Rimal 3

1108 is a one-bedroom apartment of 929 sqft on the 11th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 February 2008 for AED 1,500,000, or AED 1,614 per sqft, 295% above the AED 409 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 December 2020, is AED 60,000 a year: a gross yield of 4.0% on the 2008 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Rimal 3
1M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 397,500; 2009 AED 1,155,000; 2010 AED 455,000; 2012 AED 1,017,500; 2013 AED 449,000; 2015 AED 1,500,000; 2018 AED 1,215,000; 2021 AED 1,150,000; 2023 AED 1,450,000; 2024 AED 1,570,000; 2025 AED 1,750,000; 2026 AED 1,115,000Sold by developer, December 2007: AED 449,000 (AED 483 per sqft)Sold, February 2008: AED 1,500,000 (AED 1,614 per sqft)

1108 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Rimal 3
50K100K2013201720212025Typical rent by year: 2013 AED 87,500; 2014 AED 95,000; 2015 AED 99,500; 2016 AED 100,000; 2017 AED 99,500; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 61,000; 2021 AED 57,750; 2022 AED 71,500; 2023 AED 78,650; 2024 AED 93,500; 2025 AED 93,500; 2026 AED 90,000New contract, September 2017: AED 115,000 a yearNew contract, April 2019: AED 90,000 a yearNew contract, September 2019: AED 90,000 a yearNew contract, December 2020: AED 60,000 a year

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

1-beds in Rimal 3, and where 1108 sits

All 46 1-beds →

1108 last sold in February 2008 at AED 1,614 per sqft, 295% above what one-beds in Rimal 3 were fetching at the time (AED 409). Over the last 12 months one-beds sold for AED 764,000 to 1,500,000, around AED 1,614 per sqft, and rent for AED 70,000 to 125,000 a year. 1108's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 20261,115,000
24 Jun 20261,500,000
16 Apr 2026764,000
3 Jun 2025127,000
3 1-bed 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 11th floor

All 222 units in Rimal 3
Value
11013-bedAED 1.8M · Feb 2010
11023-bedAED 699K · Aug 2007
11031-bedAED 960K · Feb 2011
1104StudioAED 1.3M · Oct 2024
11051-bedAED 1.43M · Nov 2017
11061-bedAED 449K · May 2013
1107StudioAED 1.06M · Mar 2013

1108, Rimal 3 in numbers

  • Sold twice: first on 11 December 2007 for AED 449,000, last on 4 February 2008 for AED 1,500,000 (AED 1,614 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 115,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2008 price is 4.0%, before a service charge of about AED 16,700 a year (AED 17.94 per sqft).
  • One-beds in Rimal 3 sold for AED 764,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,614 per sqft.

Source: Dubai Land Department. Updated 10 December 2020.

Questions about 1108, Rimal 3

What did unit 1108 last sell for?

AED 1,500,000 on 4 February 2008: AED 1,614 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 449,000 in December 2007.

What is the rent for unit 1108?

AED 60,000 a year on the contract signed on 10 December 2020. The previous contract, from September 2019, was AED 90,000; the unit has been rented since September 2017.

How big is unit 1108?

929 sqft (86.3 sqm): a one-bedroom apartment on the 11th floor of a 41-storey tower completed in 2007.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 3 sold for AED 764,000 to 1,500,000 in the last 12 months, around AED 1,614 per sqft.

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Mortgage on 1108, Rimal 3

Starts from the last sale price (AED 1.5M, 4 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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