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2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 14th floor · completed 2007

1405, Rimal 3

Sold prices and rental history: sold once, by the developer in June 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 15 June 2008
Last soldAED 599K15 June 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Rimal 3

What is 1405 worth today?

Last sold for AED 599,000 in 2008

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15 Jun 2008Sold by developerReady
AED 599,000AED 414 per sqft

Source: Dubai Land Department. Updated 15 June 2008.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
14th of 41
Parking
M438
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 599K · June 2008
Building
Rimal 3

About 1405, Rimal 3

1405 is a two-bedroom apartment of 1,444 sqft on the 14th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 15 June 2008 for AED 599,000, or AED 414 per sqft, 14% below the AED 481 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1405 over time

Sales
Unit 1405, 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 414 per sqft)

1405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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 1405 sits

All 85 2-beds →

1405 last sold in June 2008 at AED 414 per sqft, 14% below what two-beds in Rimal 3 were fetching at the time (AED 481). 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 14th floor

All 222 units in Rimal 3
Value
14013-bedAED 2.42M · Jun 2022
14023-bedAED 699K · May 2014
14032-bedAED 1.78M · Nov 2026
14042-bedAED 1.15M · Jan 2010
14062-bedAED 1.79M · Apr 2022

1405, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 15 June 2008 for AED 599,000, or AED 414 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 15 June 2008.

Questions about 1405, Rimal 3

What did unit 1405 last sell for?

AED 599,000 on 15 June 2008, sold by the developer: AED 414 per sqft for 1,444 sqft. It is the only registered sale of the unit.

How big is unit 1405?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 14th floor of a 41-storey tower completed in 2007.

What is unit 1405 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 1405, Rimal 3

Starts from the last sale price (AED 599K, 15 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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