3-bed · 1,961 sqftRimal 3, Jumeirah Beach Residence · 14th floor · completed 2007

1401, Rimal 3

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 2.42M1 June 2022
Current rentAED 108K /yr5 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Rimal 3

What is 1401 worth today?

Last sold for AED 2,420,000 in 2022

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1 Jun 2022SoldReady
AED 2,420,000AED 1,234 per sqft
5 Apr 2021RentedNew contract
AED 108,000/yr12 months · AED 55 per sqft
12 Feb 2020RentedNew contract
AED 130,000/yr12 months · AED 66 per sqft
28 Jan 2019RentedNew contract
AED 138,000/yr12 months · AED 70 per sqft
1 Dec 2017RentedRenewal
AED 177,000/yr12 months · AED 90 per sqft
1 Dec 2016RentedNew contract
AED 185,000/yr12 months · AED 94 per sqft
12 May 2008Sold by developerReady
AED 645,000AED 328 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
3-bed apartment
Size
1,961 sqft
Floor
14th of 41
Parking
B534-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,200 /yr
Last sold
AED 2.42M · June 2022
Building
Rimal 3

About 1401, Rimal 3

1401 is a three-bedroom apartment of 1,961 sqft on the 14th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 June 2022 for AED 2,420,000, or AED 1,234 per sqft, 5% above the AED 1,174 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 5 April 2021, is AED 108,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 35,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, May 2008: AED 645,000 (AED 328 per sqft)Sold, June 2022: AED 2,420,000 (AED 1,234 per sqft)

1401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, each contractTypical three-bed in Rimal 3
100K150K2012201620202024Typical 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, December 2016: AED 185,000 a yearRenewal, December 2017: AED 177,000 a yearNew contract, January 2019: AED 138,000 a yearNew contract, February 2020: AED 130,000 a yearNew contract, April 2021: AED 108,000 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 1401 sits

All 63 3-beds →

1401 last sold in June 2022 at AED 1,234 per sqft, 5% above what three-beds in Rimal 3 were fetching at the time (AED 1,174). 1401's AED 108,000 is at the bottom 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 14th floor

All 222 units in Rimal 3
Value
14023-bedAED 699K · May 2014
14032-bedAED 1.78M · Nov 2026
14042-bedAED 1.15M · Jan 2010
14052-bedAED 599K · Jun 2008
14062-bedAED 1.79M · Apr 2022

1401, Rimal 3 in numbers

  • Sold twice: first on 12 May 2008 for AED 645,000, last on 1 June 2022 for AED 2,420,000 (AED 1,234 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 185,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 35,200 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 1 June 2022.

Questions about 1401, Rimal 3

What did unit 1401 last sell for?

AED 2,420,000 on 1 June 2022: AED 1,234 per sqft for 1,961 sqft. The unit has 2 registered sales; the first was AED 645,000 in May 2008.

What is the rent for unit 1401?

AED 108,000 a year on the contract signed on 5 April 2021. The previous contract, from February 2020, was AED 130,000; the unit has been rented since December 2016.

How big is unit 1401?

1,961 sqft (182.2 sqm): a three-bedroom apartment on the 14th floor of a 41-storey tower completed in 2007.

What is unit 1401 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 1401, Rimal 3

Starts from the last sale price (AED 2.42M, 1 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,420,000
Deposit, UAE resident (20%)
AED 484,000
Deposit, non-resident (40%)
AED 968,000
Monthly over 25 years at 3.7%
AED 9,901

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