2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 20th floor · completed 2007

2004, Rimal 3

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 900K25 December 2007
Current rentAED 106K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Rimal 3

What is 2004 worth today?

Last sold for AED 900,000 in 2007

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9 Nov 2024RentedRenewal
AED 106,424/yr12 months · AED 74 per sqft
9 Nov 2023RentedRenewal
AED 96,800/yr12 months · AED 67 per sqft
10 Nov 2022RentedRenewal
AED 88,237/yr12 months · AED 61 per sqft
10 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
10 Nov 2020RentedRenewal
AED 75,000/yr12 months · AED 52 per sqft
10 Nov 2019RentedNew contract
AED 88,000/yr12 months · AED 61 per sqft
9 Sep 2018RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
9 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
20th of 41
Parking
M485
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 900K · December 2007
Building
Rimal 3

About 2004, Rimal 3

2004 is a two-bedroom apartment of 1,444 sqft on the 20th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 December 2007 for AED 900,000, or AED 623 per sqft, 30% above the AED 481 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 9 November 2024, is AED 106,424 a year: a gross yield of 11.8% on the 2007 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, December 2007: AED 900,000 (AED 623 per sqft)

2004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, each contractTypical two-bed in Rimal 3
100K20112015201920232027Typical 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, May 2012: AED 85,000 a yearNew contract, March 2015: AED 110,000 a yearNew contract, September 2015: AED 135,000 a yearRenewal, September 2016: AED 125,000 a yearNew contract, September 2017: AED 110,000 a yearRenewal, September 2018: AED 105,000 a yearNew contract, November 2019: AED 88,000 a yearRenewal, November 2020: AED 75,000 a yearRenewal, November 2021: AED 80,000 a yearRenewal, November 2022: AED 88,237 a yearRenewal, November 2023: AED 96,800 a yearRenewal, November 2024: AED 106,424 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 2004 sits

All 85 2-beds →

2004 last sold in December 2007 at AED 623 per sqft, 30% above what two-beds in Rimal 3 were fetching at the time (AED 481). 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. 2004's AED 106,424 is in the lower half 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 20th floor

All 222 units in Rimal 3
Value
20013-bedAED 1.2M · Jan 2008
20023-bedAED 699K · Sep 2007
20032-bedAED 2.5M · Jan 2025
20052-bedAED 2.6M · Jan 2014
20062-bedAED 2M · Mar 2008

2004, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 25 December 2007 for AED 900,000, or AED 623 per sqft.
  • Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2020 and recovered to AED 106,424 by November 2024.
  • At AED 106,424 a year the gross yield on the 2007 price is 11.8%, 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 9 November 2024.

Questions about 2004, Rimal 3

What did unit 2004 last sell for?

AED 900,000 on 25 December 2007, sold by the developer: AED 623 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 106,424 a year on the contract renewed on 9 November 2024. The previous contract, from November 2023, was AED 96,800; the unit has been rented since May 2012.

How big is unit 2004?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 20th floor of a 41-storey tower completed in 2007.

What is unit 2004 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 2004, Rimal 3

Starts from the last sale price (AED 900K, 25 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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