1-bed · 929 sqftRimal 3, Jumeirah Beach Residence · 2nd floor · completed 2007

203, Rimal 3

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

Unit 203 · DLD and Ejari recordsUpdated 10 September 2021
Last soldAED 1.5M12 March 2014
Current rentAED 60K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Rimal 3

What is 203 worth today?

Last sold for AED 1,500,000 in 2014

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10 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 65 per sqft
10 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 65 per sqft
10 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
1 Oct 2018RentedRenewal
AED 92,000/yr12 months · AED 99 per sqft
1 Oct 2017RentedNew contract
AED 92,000/yr12 months · AED 99 per sqft
22 Oct 2016RentedNew contract
AED 92,000/yr12 months · AED 99 per sqft
12 Mar 2014SoldReady
AED 1,500,000AED 1,614 per sqft
20 Nov 2007Sold by developerReady
AED 380,000AED 409 per sqft

Source: Dubai Land Department. Updated 10 September 2021.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
2nd of 41
Parking
B465
Developer
Dubai Properties
Completed
2007
Service charge
AED 16,700 /yr
Last sold
AED 1.5M · March 2014
Building
Rimal 3

About 203, Rimal 3

203 is a one-bedroom apartment of 929 sqft on the 2nd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 March 2014 for AED 1,500,000, or AED 1,614 per sqft, 295% above the AED 409 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 60,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 16,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Rimal 3
1M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 397,500; 2009 AED 1,155,000; 2010 AED 455,000; 2012 AED 1,017,500; 2013 AED 449,000; 2015 AED 1,500,000; 2018 AED 1,215,000; 2021 AED 1,150,000; 2023 AED 1,450,000; 2024 AED 1,570,000; 2025 AED 1,750,000; 2026 AED 1,115,000Sold by developer, November 2007: AED 380,000 (AED 409 per sqft)Sold, March 2014: AED 1,500,000 (AED 1,614 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Rimal 3
60K80K100K2013201720212025Typical rent by year: 2013 AED 87,500; 2014 AED 95,000; 2015 AED 99,500; 2016 AED 100,000; 2017 AED 99,500; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 61,000; 2021 AED 57,750; 2022 AED 71,500; 2023 AED 78,650; 2024 AED 93,500; 2025 AED 93,500; 2026 AED 90,000New contract, October 2016: AED 92,000 a yearNew contract, October 2017: AED 92,000 a yearRenewal, October 2018: AED 92,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 60,000 a yearRenewal, September 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rimal 3, and where 203 sits

All 46 1-beds →

203 last sold in March 2014 at AED 1,614 per sqft, 295% above what one-beds in Rimal 3 were fetching at the time (AED 409). Over the last 12 months one-beds sold for AED 764,000 to 1,500,000, around AED 1,614 per sqft, and rent for AED 70,000 to 125,000 a year. 203's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 20261,115,000
24 Jun 20261,500,000
16 Apr 2026764,000
3 Jun 2025127,000
3 1-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 2nd floor

All 222 units in Rimal 3
Value
2013-bedAED 590K · Feb 2010
2023-bedAED 2.97M · Sep 2024
204StudioAED 250K · Dec 2007
2051-bedAED 380K · Aug 2007
2061-bedAED 449K · Oct 2013
207StudioAED 670K · Nov 2020
2081-bedAED 1.5M · Jun 2026

203, Rimal 3 in numbers

  • Sold twice: first on 20 November 2007 for AED 380,000, last on 12 March 2014 for AED 1,500,000 (AED 1,614 per sqft).
  • Rented since October 2016 on 6 Ejari contracts, from AED 92,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 16,700 a year (AED 17.94 per sqft).
  • One-beds in Rimal 3 sold for AED 764,000–1,500,000 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 September 2021.

Questions about 203, Rimal 3

What did unit 203 last sell for?

AED 1,500,000 on 12 March 2014: AED 1,614 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 380,000 in November 2007.

What is the rent for unit 203?

AED 60,000 a year on the contract renewed on 10 September 2021. The previous contract, from September 2020, was AED 60,000; the unit has been rented since October 2016.

How big is unit 203?

929 sqft (86.3 sqm): a one-bedroom apartment on the 2nd floor of a 41-storey tower completed in 2007.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 3 sold for AED 764,000 to 1,500,000 in the last 12 months, around AED 1,614 per sqft.

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Mortgage on 203, Rimal 3

Starts from the last sale price (AED 1.5M, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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