2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 19th floor · completed 2007

1904, Rimal 3

Sold prices and rental history: sold 3 times, last in November 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1904 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 1.44M1 November 2020
Current rentAED 60K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Rimal 3

What is 1904 worth today?

Last sold for AED 1,435,000 in 2020

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7 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 42 per sqft
7 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 42 per sqft
7 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 42 per sqft
1 Nov 2020SoldReady
AED 1,435,000AED 993 per sqft
4 Sep 2013SoldReady
AED 2,100,000AED 1,454 per sqft
27 Sep 2007Sold by developerReady
AED 550,000AED 380 per sqft

Source: Dubai Land Department. Updated 7 December 2022.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
19th of 41
Parking
M483
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.44M · November 2020
Building
Rimal 3

About 1904, Rimal 3

1904 is a two-bedroom apartment of 1,444 sqft on the 19th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 November 2020 for AED 1,435,000, or AED 993 per sqft, in line with the AED 993 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 7 December 2022, is AED 60,000 a year: a gross yield of 4.2% on the 2020 price, before the service charge of about AED 25,900 a year.

Sales and rents for 1904 over time

Sales
Unit 1904, each saleTypical two-bed in Rimal 3
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 756,250; 2009 AED 1,400,000; 2010 AED 1,150,000; 2011 AED 1,325,000; 2012 AED 975,000; 2013 AED 1,735,000; 2014 AED 2,600,000; 2015 AED 1,637,500; 2016 AED 2,050,000; 2018 AED 1,930,000; 2020 AED 1,600,000; 2021 AED 1,350,000; 2022 AED 1,737,500; 2023 AED 2,300,000; 2024 AED 2,100,000; 2025 AED 2,162,276; 2026 AED 2,200,000Sold by developer, September 2007: AED 550,000 (AED 380 per sqft)Sold, September 2013: AED 2,100,000 (AED 1,454 per sqft)Sold, November 2020: AED 1,435,000 (AED 993 per sqft)

1904 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1904, each contractTypical two-bed in Rimal 3
50K100K20112015201920232027Typical rent by year: 2011 AED 90,000; 2012 AED 95,000; 2013 AED 104,859; 2014 AED 126,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 119,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 80,200; 2022 AED 94,500; 2023 AED 101,750; 2024 AED 120,000; 2025 AED 133,500; 2026 AED 130,000New contract, December 2020: AED 60,000 a yearRenewal, December 2021: AED 60,000 a yearNew contract, December 2022: AED 60,000 a year

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 1904 sits

All 85 2-beds →

1904 last sold in November 2020 at AED 993 per sqft, in line with what two-beds in Rimal 3 were fetching at the time (AED 993). 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. 1904's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,775,000
5 Oct 20262,750,000
9 Jun 20262,250,000
18 Mar 20262,150,000
5 2-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 19th floor

All 222 units in Rimal 3
Value
19013-bedAED 3.4M · May 2014
19023-bedAED 2.8M · Apr 2019
19032-bedAED 1.35M · Sep 2009
19052-bedAED 2.75M · May 2014
19062-bedAED 1.45M · Feb 2011

1904, Rimal 3 in numbers

  • Sold 3 times: first on 27 September 2007 for AED 550,000, last on 1 November 2020 for AED 1,435,000 (AED 993 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 4.2%, 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 7 December 2022.

Questions about 1904, Rimal 3

What did unit 1904 last sell for?

AED 1,435,000 on 1 November 2020: AED 993 per sqft for 1,444 sqft. The unit has 3 registered sales; the first was AED 550,000 in September 2007.

What is the rent for unit 1904?

AED 60,000 a year on the contract signed on 7 December 2022. The previous contract, from December 2021, was AED 60,000; the unit has been rented since December 2020.

How big is unit 1904?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 19th floor of a 41-storey tower completed in 2007.

What is unit 1904 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 1904, Rimal 3

Starts from the last sale price (AED 1.44M, 1 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

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