3-bed · 1,961 sqftRimal 3, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Rimal 3

Sold prices and rental history: sold 3 times, last in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 8 September 2019
Last soldAED 2.85M8 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Rimal 3

What is 1502 worth today?

Last sold for AED 2,850,000 in 2019

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8 Sep 2019SoldReady
AED 2,850,000AED 1,453 per sqft
4 Oct 2007SoldReady
AED 3,070,000AED 1,565 per sqft
6 Sep 2007Sold by developerReady
AED 699,000AED 356 per sqft

Source: Dubai Land Department. Updated 8 September 2019.

Key facts

Type
3-bed apartment
Size
1,961 sqft
Floor
15th of 41
Parking
B538-9
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,200 /yr
Last sold
AED 2.85M · September 2019
Building
Rimal 3

About 1502, Rimal 3

1502 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 8 September 2019 for AED 2,850,000, or AED 1,453 per sqft, 24% above the AED 1,173 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, September 2007: AED 699,000 (AED 356 per sqft)Sold, October 2007: AED 3,070,000 (AED 1,565 per sqft)Sold, September 2019: AED 2,850,000 (AED 1,453 per sqft)

1502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, each contractTypical three-bed in Rimal 3
150K2012201620202024Typical 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 184,000

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 1502 sits

All 63 3-beds →

1502 last sold in September 2019 at AED 1,453 per sqft, 24% above what three-beds in Rimal 3 were fetching at the time (AED 1,173).

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 15th floor

All 222 units in Rimal 3
Value
15013-bedAED 2.6M · Mar 2023
15032-bedAED 1.98M · Oct 2025
15042-bedAED 550K · Apr 2008
15052-bedAED 1.65M · Dec 2020
15062-bedAED 599K · Jul 2012

1502, Rimal 3 in numbers

  • Sold 3 times: first on 6 September 2007 for AED 699,000, last on 8 September 2019 for AED 2,850,000 (AED 1,453 per sqft).

Source: Dubai Land Department. Updated 8 September 2019.

Questions about 1502, Rimal 3

What did unit 1502 last sell for?

AED 2,850,000 on 8 September 2019: AED 1,453 per sqft for 1,961 sqft. The unit has 3 registered sales; the first was AED 699,000 in September 2007.

How big is unit 1502?

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 1502 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 1502, Rimal 3

Starts from the last sale price (AED 2.85M, 8 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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