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

2005, Rimal 3

Sold prices and rental history: sold twice, last in January 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 2 February 2017
Last soldAED 2.6M20 January 2014
Current rentAED 150K /yr2 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Rimal 3

What is 2005 worth today?

Last sold for AED 2,600,000 in 2014

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2 Feb 2017RentedRenewal
AED 150,404/yr12 months · AED 104 per sqft
2 Feb 2016RentedNew contract
AED 150,000/yr12 months · AED 104 per sqft
20 Jan 2014SoldReady
AED 2,600,000AED 1,800 per sqft
27 Sep 2007Sold by developerReady
AED 599,000AED 414 per sqft

Source: Dubai Land Department. Updated 2 February 2017.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
20th of 41
Parking
G289
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.6M · January 2014
Building
Rimal 3

About 2005, Rimal 3

2005 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. It last sold on 20 January 2014 for AED 2,600,000, or AED 1,800 per sqft, 26% above the AED 1,425 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 2 February 2017, is AED 150,404 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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 599,000 (AED 414 per sqft)Sold, January 2014: AED 2,600,000 (AED 1,800 per sqft)

2005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2005, each contractTypical two-bed in Rimal 3
100K150K20112015201920232027Typical 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, February 2016: AED 150,000 a yearRenewal, February 2017: AED 150,404 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 2005 sits

All 85 2-beds →

2005 last sold in January 2014 at AED 1,800 per sqft, 26% above what two-beds in Rimal 3 were fetching at the time (AED 1,425). 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. 2005's AED 150,404 is in the upper 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
20042-bedAED 900K · Dec 2007
20062-bedAED 2M · Mar 2008

2005, Rimal 3 in numbers

  • Sold twice: first on 27 September 2007 for AED 599,000, last on 20 January 2014 for AED 2,600,000 (AED 1,800 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 150,000 to AED 150,404 a year.
  • At AED 150,404 a year the gross yield on the 2014 price is 5.8%, 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 2 February 2017.

Questions about 2005, Rimal 3

What did unit 2005 last sell for?

AED 2,600,000 on 20 January 2014: AED 1,800 per sqft for 1,444 sqft. The unit has 2 registered sales; the first was AED 599,000 in September 2007.

What is the rent for unit 2005?

AED 150,404 a year on the contract renewed on 2 February 2017. The previous contract, from February 2016, was AED 150,000.

How big is unit 2005?

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 2005 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 2005, Rimal 3

Starts from the last sale price (AED 2.6M, 20 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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