1603, Rimal 3
Sold prices and rental history: sold 4 times, last in November 2019, 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 1603, Rimal 3
What is 1603 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,243 sqft
- Floor
- 16th of 41
- Parking
- M501
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.1M · November 2019
- Building
- Rimal 3
About 1603, Rimal 3
1603 is a two-bedroom apartment of 1,243 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 7 November 2019 for AED 1,100,000, or AED 884 per sqft.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 10 March 2026, is AED 120,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 22,300 a year.
Sales and rents for 1603 over time
1603 has sold 4 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 1603 sits
All 85 2-beds →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. 1603's AED 120,000 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 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 | |
| 1602 | 3-bed | 1,961 sqft | AED 3.6MAED 3,600,000 · Mar 2014March 2014 | 91,000 /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 |
1603, Rimal 3 in numbers
- Sold 4 times: first on 4 November 2007 for AED 1,490,000, last on 7 November 2019 for AED 1,100,000 (AED 884 per sqft).
- Rented since December 2013 on 13 Ejari contracts. The rent fell from AED 120,000 to AED 70,200 in 2021 and recovered to AED 120,000 by March 2026.
- At AED 120,000 a year the gross yield on the 2019 price is 10.9%, 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 10 March 2026.
Questions about 1603, Rimal 3
What did unit 1603 last sell for?
AED 1,100,000 on 7 November 2019: AED 884 per sqft for 1,243 sqft. The unit has 4 registered sales; the first was AED 1,490,000 in November 2007.
What is the rent for unit 1603?
AED 120,000 a year on the contract signed on 10 March 2026. The previous contract, from July 2024, was AED 103,950; the unit has been rented since December 2013.
How big is unit 1603?
1,243 sqft (115.5 sqm): a two-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.
What is unit 1603 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 1603, Rimal 3
Starts from the last sale price (AED 1.1M, 7 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →