1203, Rimal 3
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Rimal 3
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,243 sqft
- Floor
- 12th of 41
- Parking
- M509
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2M · November 2024
- Building
- Rimal 3
About 1203, Rimal 3
1203 is a two-bedroom apartment of 1,243 sqft on the 12th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 November 2024 for AED 2,000,000, or AED 1,608 per sqft, in line with the AED 1,568 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 62,150 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 22,300 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rimal 3, and where 1203 sits
All 85 2-beds →1203 last sold in November 2024 at AED 1,608 per sqft, in line with what two-beds in Rimal 3 were fetching at the time (AED 1,568). Over the last 12 months two-beds sold for AED 1,775,000 to 2,750,000, around AED 1,558 per sqft, and rent for AED 62,150 to 189,000 a year. 1203's AED 62,150 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,243 sqft | 1,775,000 | 1,427 | ||
| 5 Oct 20265 October 2026 | 1,444 sqft | 2,750,000 | 1,904 | ||
| 9 Jun 20269 June 2026 | 1,444 sqft | 2,250,000 | 1,558 | ||
| 18 Mar 202618 March 2026 | 1,243 sqft | 2,150,000 | 1,729 |
Rimal 3
Building222 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%
Other units on the 12th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,961 sqft | AED 645KAED 645,000 · Nov 2007November 2007 | 200,000 /yr | |
| 1202 | 3-bed | 1,961 sqft | AED 699KAED 699,000 · Aug 2013August 2013 | ||
| 1204 | 2-bed | 1,444 sqft | AED 275KAED 275,000 · Nov 2008November 2008 | 125,000 /yr | |
| 1205 | 2-bed | 1,444 sqft | AED 1.63MAED 1,630,000 · Mar 2011March 2011 | 100,000 /yr | |
| 1206 | 2-bed | 1,243 sqft | AED 2.55MAED 2,550,000 · May 2014May 2014 |
1203, Rimal 3 in numbers
- Sold twice: first on 30 April 2008 for AED 1,490,000, last on 11 November 2024 for AED 2,000,000 (AED 1,608 per sqft).
- Rented since August 2012 on 15 Ejari contracts, from AED 90,000 to AED 62,150 a year.
- At AED 62,150 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 22,300 a year (AED 17.94 per sqft).
- Two-beds in Rimal 3 sold for AED 1,775,000–2,750,000 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 1 January 2026.
Questions about 1203, Rimal 3
What did unit 1203 last sell for?
AED 2,000,000 on 11 November 2024: AED 1,608 per sqft for 1,243 sqft. The unit has 2 registered sales; the first was AED 1,490,000 in April 2008.
What is the rent for unit 1203?
AED 62,150 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 62,150; the unit has been rented since August 2012.
How big is unit 1203?
1,243 sqft (115.5 sqm): a two-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 3 sold for AED 1,775,000 to 2,750,000 in the last 12 months, around AED 1,558 per sqft.
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Mortgage on 1203, Rimal 3
Starts from the last sale price (AED 2M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →