1505, Rimal 3
Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Rimal 3
What is 1505 worth today?
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Source: Dubai Land Department. Updated 24 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,444 sqft
- Floor
- 15th of 41
- Parking
- M440
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.65M · December 2020
- Building
- Rimal 3
About 1505, Rimal 3
1505 is a two-bedroom apartment of 1,444 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 24 December 2020 for AED 1,650,000, or AED 1,142 per sqft, 3% above the AED 1,108 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 June 2018, is AED 135,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 25,900 a year.
Sales and rents for 1505 over time
1505 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1505 sits
All 85 2-beds →1505 last sold in December 2020 at AED 1,142 per sqft, 3% above what two-beds in Rimal 3 were fetching at the time (AED 1,108). 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. 1505's AED 135,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,243 sqft | 1,775,000 | 1,427 | ||
| 5 Oct 20265 October 2026 | 1,444 sqft | 2,750,000 | 1,904 | ||
| 9 Jun 20269 June 2026 | 1,444 sqft | 2,250,000 | 1,558 | ||
| 18 Mar 202618 March 2026 | 1,243 sqft | 2,150,000 | 1,729 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,961 sqft | AED 2.6MAED 2,600,000 · Mar 2023March 2023 | 132,825 /yr | |
| 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 | ||
| 1506 | 2-bed | 1,243 sqft | AED 599KAED 599,000 · Jul 2012July 2012 | 125,000 /yr |
1505, Rimal 3 in numbers
- Sold 3 times: first on 17 February 2008 for AED 599,000, last on 24 December 2020 for AED 1,650,000 (AED 1,142 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 145,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 25,900 a year (AED 17.94 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 24 December 2020.
Questions about 1505, Rimal 3
What did unit 1505 last sell for?
AED 1,650,000 on 24 December 2020: AED 1,142 per sqft for 1,444 sqft. The unit has 3 registered sales; the first was AED 599,000 in February 2008.
What is the rent for unit 1505?
AED 135,000 a year on the contract renewed on 1 June 2018. The previous contract, from June 2017, was AED 140,000; the unit has been rented since November 2014.
How big is unit 1505?
1,444 sqft (134.2 sqm): a two-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1505 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 1505, Rimal 3
Starts from the last sale price (AED 1.65M, 24 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →