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2-bed · 1,243 sqftRimal 3, Jumeirah Beach Residence · 12th floor · completed 2007

1206, Rimal 3

Sold prices and rental history: sold twice, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 12 May 2014
Last soldAED 2.55M12 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, Rimal 3

What is 1206 worth today?

Last sold for AED 2,550,000 in 2014

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12 May 2014SoldReady
AED 2,550,000AED 2,051 per sqft
3 Jun 2008Sold by developerReady
AED 599,000AED 481 per sqft

Source: Dubai Land Department. Updated 12 May 2014.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
12th of 41
Parking
M437
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.55M · May 2014
Building
Rimal 3

About 1206, Rimal 3

1206 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 12 May 2014 for AED 2,550,000, or AED 2,051 per sqft, 41% above the AED 1,454 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Rimal 3
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 756,250; 2009 AED 1,400,000; 2010 AED 1,150,000; 2011 AED 1,325,000; 2012 AED 975,000; 2013 AED 1,735,000; 2014 AED 2,600,000; 2015 AED 1,637,500; 2016 AED 2,050,000; 2018 AED 1,930,000; 2020 AED 1,600,000; 2021 AED 1,350,000; 2022 AED 1,737,500; 2023 AED 2,300,000; 2024 AED 2,100,000; 2025 AED 2,162,276; 2026 AED 2,200,000Sold by developer, June 2008: AED 599,000 (AED 481 per sqft)Sold, May 2014: AED 2,550,000 (AED 2,051 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Rimal 3
75K100K125K20112015201920232027Typical rent by year: 2011 AED 90,000; 2012 AED 95,000; 2013 AED 104,859; 2014 AED 126,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 119,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 80,200; 2022 AED 94,500; 2023 AED 101,750; 2024 AED 120,000; 2025 AED 133,500; 2026 AED 130,000

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 1206 sits

All 85 2-beds →

1206 last sold in May 2014 at AED 2,051 per sqft, 41% above what two-beds in Rimal 3 were fetching at the time (AED 1,454). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,775,000
5 Oct 20262,750,000
9 Jun 20262,250,000
18 Mar 20262,150,000
5 2-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
12013-bedAED 645K · Nov 2007
12023-bedAED 699K · Aug 2013
12032-bedAED 2M · Nov 2024
12042-bedAED 275K · Nov 2008
12052-bedAED 1.63M · Mar 2011

1206, Rimal 3 in numbers

  • Sold twice: first on 3 June 2008 for AED 599,000, last on 12 May 2014 for AED 2,550,000 (AED 2,051 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 12 May 2014.

Questions about 1206, Rimal 3

What did unit 1206 last sell for?

AED 2,550,000 on 12 May 2014: AED 2,051 per sqft for 1,243 sqft. The unit has 2 registered sales; the first was AED 599,000 in June 2008.

How big is unit 1206?

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 1206 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 1206, Rimal 3

Starts from the last sale price (AED 2.55M, 12 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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