3-bed · 1,961 sqftRimal 3, Jumeirah Beach Residence · 12th floor · completed 2007

1201, Rimal 3

Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 645K29 November 2007
Current rentAED 200K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Rimal 3

What is 1201 worth today?

Last sold for AED 645,000 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2025RentedRenewal
AED 200,000/yr12 months · AED 102 per sqft
10 May 2025RentedRenewal
AED 200,000/yr12 months · AED 102 per sqft
10 May 2024RentedNew contract
AED 200,000/yr12 months · AED 102 per sqft
17 Feb 2023RentedNew contract
AED 190,000/yr12 months · AED 97 per sqft
1 Mar 2019RentedRenewal
AED 150,000/yr12 months · AED 77 per sqft
1 Mar 2018RentedRenewal
AED 160,000/yr12 months · AED 82 per sqft
1 Mar 2017RentedRenewal
AED 170,000/yr12 months · AED 87 per sqft
29 Feb 2016RentedRenewal
AED 169,496/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
3-bed apartment
Size
1,961 sqft
Floor
12th of 41
Parking
B530-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,200 /yr
Last sold
AED 645K · November 2007
Building
Rimal 3

About 1201, Rimal 3

1201 is a three-bedroom apartment of 1,961 sqft on the 12th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 29 November 2007 for AED 645,000, or AED 328 per sqft, 6% below the AED 348 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 200,000 a year: a gross yield of 31.0% on the 2007 price, before the service charge of about AED 35,200 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Rimal 3
2M4M2007201220172022Typical sale price by year: 2007 AED 666,800; 2008 AED 699,000; 2009 AED 645,000; 2010 AED 699,000; 2011 AED 2,541,000; 2012 AED 699,000; 2013 AED 1,688,250; 2014 AED 3,250,000; 2016 AED 1,375,000; 2017 AED 2,225,000; 2019 AED 2,550,000; 2021 AED 2,692,750; 2022 AED 2,055,500; 2023 AED 2,500,000; 2025 AED 3,600,000Sold by developer, November 2007: AED 645,000 (AED 328 per sqft)

1201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Rimal 3
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 160,000; 2014 AED 176,500; 2015 AED 180,000; 2016 AED 178,013; 2017 AED 177,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 132,825; 2023 AED 147,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 184,000New contract, September 2012: AED 125,000 a yearNew contract, March 2015: AED 170,000 a yearRenewal, February 2016: AED 169,496 a yearRenewal, March 2017: AED 170,000 a yearRenewal, March 2018: AED 160,000 a yearRenewal, March 2019: AED 150,000 a yearNew contract, February 2023: AED 190,000 a yearNew contract, May 2024: AED 200,000 a yearRenewal, May 2025: AED 200,000 a yearRenewal, May 2025: AED 200,000 a year

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

3-beds in Rimal 3, and where 1201 sits

All 63 3-beds →

1201 last sold in November 2007 at AED 328 per sqft, 6% below what three-beds in Rimal 3 were fetching at the time (AED 348). 1201's AED 200,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Apr 20253,600,000
26 Feb 20254,250,000
7 Jan 202519,000
18 Sep 20242,968,000
0 3-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 12th floor

All 222 units in Rimal 3
Value
12023-bedAED 699K · Aug 2013
12032-bedAED 2M · Nov 2024
12042-bedAED 275K · Nov 2008
12052-bedAED 1.63M · Mar 2011
12062-bedAED 2.55M · May 2014

1201, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 29 November 2007 for AED 645,000, or AED 328 per sqft.
  • Rented since September 2012 on 10 Ejari contracts, from AED 125,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2007 price is 31.0%, before a service charge of about AED 35,200 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 10 May 2025.

Questions about 1201, Rimal 3

What did unit 1201 last sell for?

AED 645,000 on 29 November 2007, sold by the developer: AED 328 per sqft for 1,961 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 200,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2025, was AED 200,000; the unit has been rented since September 2012.

How big is unit 1201?

1,961 sqft (182.2 sqm): a three-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1201? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1201, Rimal 3

Starts from the last sale price (AED 645K, 29 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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