1602, Rimal 3
Sold prices and rental history: sold twice, last in March 2014, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Rimal 3
What is 1602 worth today?
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Source: Dubai Land Department. Updated 5 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,961 sqft
- Floor
- 16th of 41
- Parking
- B540-1
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 35,200 /yr
- Last sold
- AED 3.6M · March 2014
- Building
- Rimal 3
About 1602, Rimal 3
1602 is a three-bedroom apartment of 1,961 sqft on the 16th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 March 2014 for AED 3,600,000, or AED 1,836 per sqft, 84% above the AED 999 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 June 2023. The current contract, signed on 5 June 2023, is AED 91,000 a year: a gross yield of 2.5% on the 2014 price, before the service charge of about AED 35,200 a year.
Sales and rents for 1602 over time
1602 has sold twice; 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 1602 sits
All 63 3-beds →1602 last sold in March 2014 at AED 1,836 per sqft, 84% above what three-beds in Rimal 3 were fetching at the time (AED 999). 1602's AED 91,000 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 16th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,961 sqft | AED 699KAED 699,000 · Sep 2007September 2007 | 170,000 /yr | |
| 1603 | 2-bed | 1,243 sqft | AED 1.1MAED 1,100,000 · Nov 2019November 2019 | 120,000 /yr | |
| 1604 | 2-bed | 1,444 sqft | AED 3.12MAED 3,120,000 · May 2025May 2025 | 265,000 /yr | |
| 1605 | 2-bed | 1,444 sqft | AED 2.25MAED 2,250,000 · Jun 2026June 2026 | 100,000 /yr | |
| 1606 | 2-bed | 1,243 sqft | AED 2.25MAED 2,250,000 · Feb 2016February 2016 | 140,000 /yr |
1602, Rimal 3 in numbers
- Sold twice: first on 15 December 2008 for AED 699,000, last on 6 March 2014 for AED 3,600,000 (AED 1,836 per sqft).
- Rented since June 2023 on one Ejari contract, at AED 91,000 a year.
- At AED 91,000 a year the gross yield on the 2014 price is 2.5%, before a service charge of about AED 35,200 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 5 June 2023.
Questions about 1602, Rimal 3
What did unit 1602 last sell for?
AED 3,600,000 on 6 March 2014: AED 1,836 per sqft for 1,961 sqft. The unit has 2 registered sales; the first was AED 699,000 in December 2008.
What is the rent for unit 1602?
AED 91,000 a year on the contract signed on 5 June 2023.
How big is unit 1602?
1,961 sqft (182.2 sqm): a three-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.
What is unit 1602 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 1602, Rimal 3
Starts from the last sale price (AED 3.6M, 6 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →