1501, Rimal 3
Sold prices and rental history: sold 3 times, last in March 2023, 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 1501, Rimal 3
What is 1501 worth today?
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Source: Dubai Land Department. Updated 20 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,961 sqft
- Floor
- 15th of 41
- Parking
- B546-7
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 35,200 /yr
- Last sold
- AED 2.6M · March 2023
- Building
- Rimal 3
About 1501, Rimal 3
1501 is a three-bedroom apartment of 1,961 sqft on the 15th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 March 2023 for AED 2,600,000, or AED 1,326 per sqft, 8% above the AED 1,224 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 26 September 2022, is AED 132,825 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 35,200 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 63 3-beds →1501 last sold in March 2023 at AED 1,326 per sqft, 8% above what three-beds in Rimal 3 were fetching at the time (AED 1,224). 1501's AED 132,825 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20259 April 2025 | 1,961 sqft | 3,600,000 | 1,836 | ||
| 26 Feb 202526 February 2025 | 1,961 sqft | 4,250,000 | 2,167 | ||
| 7 Jan 20257 January 2025 | 20 sqft | 19,000 | 969 | ||
| 18 Sep 202418 September 2024 | 1,948 sqft | 2,968,000 | 1,523 |
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 15th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,961 sqft | AED 2.85MAED 2,850,000 · Sep 2019September 2019 | ||
| 1503 | 2-bed | 1,243 sqft | AED 1.98MAED 1,980,000 · Oct 2025October 2025 | 93,000 /yr | |
| 1504 | 2-bed | 1,444 sqft | AED 550KAED 550,000 · Apr 2008April 2008 | ||
| 1505 | 2-bed | 1,444 sqft | AED 1.65MAED 1,650,000 · Dec 2020December 2020 | 135,000 /yr | |
| 1506 | 2-bed | 1,243 sqft | AED 599KAED 599,000 · Jul 2012July 2012 | 125,000 /yr |
1501, Rimal 3 in numbers
- Sold 3 times: first on 20 November 2007 for AED 380,000, last on 20 March 2023 for AED 2,600,000 (AED 1,326 per sqft).
- Rented since October 2012 on 10 Ejari contracts. The rent fell from AED 147,000 to AED 115,000 in 2020 and recovered to AED 132,825 by September 2022.
- At AED 132,825 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 35,200 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 20 March 2023.
Questions about 1501, Rimal 3
What did unit 1501 last sell for?
AED 2,600,000 on 20 March 2023: AED 1,326 per sqft for 1,961 sqft. The unit has 3 registered sales; the first was AED 380,000 in November 2007.
What is the rent for unit 1501?
AED 132,825 a year on the contract renewed on 26 September 2022. The previous contract, from September 2022, was AED 132,825; the unit has been rented since October 2012.
How big is unit 1501?
1,961 sqft (182.2 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1501 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 1501, Rimal 3
Starts from the last sale price (AED 2.6M, 20 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →