1506, Rimal 3
Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Rimal 3
What is 1506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,243 sqft
- Floor
- 15th of 41
- Parking
- M441
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 599K · July 2012
- Building
- Rimal 3
About 1506, Rimal 3
1506 is a two-bedroom apartment of 1,243 sqft on the 15th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 July 2012 for AED 599,000, or AED 481 per sqft, 40% below the AED 801 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 18 October 2023, is AED 125,000 a year: a gross yield of 20.9% on the 2012 price, before the service charge of about AED 22,300 a year.
Sales and rents for 1506 over time
1506 has sold once; 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 1506 sits
All 85 2-beds →1506 last sold in July 2012 at AED 481 per sqft, 40% below what two-beds in Rimal 3 were fetching at the time (AED 801). 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. 1506's AED 125,000 is in the lower 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 | ||
| 1505 | 2-bed | 1,444 sqft | AED 1.65MAED 1,650,000 · Dec 2020December 2020 | 135,000 /yr |
1506, Rimal 3 in numbers
- Sold once: by Dubai Properties on 10 July 2012 for AED 599,000, or AED 481 per sqft.
- Rented since June 2013 on 10 Ejari contracts, from AED 95,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2012 price is 20.9%, before a service charge of about AED 22,300 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 18 October 2023.
Questions about 1506, Rimal 3
What did unit 1506 last sell for?
AED 599,000 on 10 July 2012, sold by the developer: AED 481 per sqft for 1,243 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 125,000 a year on the contract renewed on 18 October 2023. The previous contract, from October 2022, was AED 125,000; the unit has been rented since June 2013.
How big is unit 1506?
1,243 sqft (115.5 sqm): a two-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1506 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.
Selling 1506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1506, Rimal 3
Starts from the last sale price (AED 599K, 10 July 2012). 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 →