Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 2nd floor · completed 2007

204, Rimal 3

Sold prices and rental history: sold once, by the developer in December 2007, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 21 October 2017
Last soldAED 250K5 December 2007
Current rentAED 75K /yr21 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Rimal 3

What is 204 worth today?

Last sold for AED 250,000 in 2007

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21 Oct 2017RentedRenewal
AED 75,000/yr12 months · AED 99 per sqft
21 Oct 2016RentedRenewal
AED 75,000/yr12 months · AED 99 per sqft
21 Oct 2015RentedNew contract
AED 75,000/yr12 months · AED 99 per sqft
5 Dec 2007Sold by developerReady
AED 250,000AED 330 per sqft

Source: Dubai Land Department. Updated 21 October 2017.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
2nd of 41
Parking
B438
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 250K · December 2007
Building
Rimal 3

About 204, Rimal 3

204 is a studio of 757 sqft on the 2nd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 December 2007 for AED 250,000, or AED 330 per sqft, in line with the AED 330 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 21 October 2017, is AED 75,000 a year: a gross yield of 30.0% on the 2007 price, before the service charge of about AED 13,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical studio in Rimal 3
1M2007201220172022Typical sale price by year: 2007 AED 250,000; 2008 AED 299,000; 2010 AED 250,000; 2012 AED 549,500; 2013 AED 995,000; 2015 AED 600,000; 2022 AED 1,050,000; 2023 AED 1,400,000Sold by developer, December 2007: AED 250,000 (AED 330 per sqft)

204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Rimal 3
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 67,000; 2014 AED 76,500; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 57,750; 2021 AED 48,000; 2022 AED 50,158; 2023 AED 60,800; 2024 AED 58,600; 2025 AED 83,000; 2026 AED 80,000New contract, October 2015: AED 75,000 a yearRenewal, October 2016: AED 75,000 a yearRenewal, October 2017: AED 75,000 a year

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

Studios in Rimal 3, and where 204 sits

All 22 studios →

204 last sold in December 2007 at AED 330 per sqft, in line with what studios in Rimal 3 were fetching at the time (AED 330). 204's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 May 20251,230,000
2 Oct 20241,300,000
7 Feb 20241,200,000
14 Dec 20231,400,000
0 studio 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
2031-bedAED 1.5M · Mar 2014
2051-bedAED 380K · Aug 2007
2061-bedAED 449K · Oct 2013
207StudioAED 670K · Nov 2020
2081-bedAED 1.5M · Jun 2026

204, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 5 December 2007 for AED 250,000, or AED 330 per sqft.
  • Rented since October 2015 on 3 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2007 price is 30.0%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 21 October 2017.

Questions about 204, Rimal 3

What did unit 204 last sell for?

AED 250,000 on 5 December 2007, sold by the developer: AED 330 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 75,000 a year on the contract renewed on 21 October 2017. The previous contract, from October 2016, was AED 75,000; the unit has been rented since October 2015.

How big is unit 204?

757 sqft (70.3 sqm): a studio on the 2nd floor of a 41-storey tower completed in 2007.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, Rimal 3

Starts from the last sale price (AED 250K, 5 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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