207, Rimal 3
Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Rimal 3
What is 207 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 757 sqft
- Floor
- 2nd of 41
- Parking
- B440
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,600 /yr
- Last sold
- AED 670K · November 2020
- Building
- Rimal 3
About 207, Rimal 3
207 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. It last sold on 18 November 2020 for AED 670,000, or AED 885 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 56,500 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 13,600 a year.
Sales and rents for 207 over time
207 has sold 3 times; the dashed line is the studio median of each year in the building.
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 207 sits
All 22 studios →207's AED 56,500 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 757 sqft | 1,230,000 | 1,625 | ||
| 2 Oct 20242 October 2024 | 757 sqft | 1,300,000 | 1,717 | ||
| 7 Feb 20247 February 2024 | 757 sqft | 1,200,000 | 1,585 | ||
| 14 Dec 202314 December 2023 | 757 sqft | 1,400,000 | 1,850 |
Rimal 3
Building222 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%
Other units on the 2nd floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,948 sqft | AED 590KAED 590,000 · Feb 2010February 2010 | 184,000 /yr | |
| 202 | 3-bed | 1,948 sqft | AED 2.97MAED 2,968,000 · Sep 2024September 2024 | 115,903 /yr | |
| 203 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Mar 2014March 2014 | 60,000 /yr | |
| 204 | Studio | 757 sqft | AED 250KAED 250,000 · Dec 2007December 2007 | 75,000 /yr | |
| 205 | 1-bed | 1,158 sqft | AED 380KAED 380,000 · Aug 2007August 2007 | 104,000 /yr | |
| 206 | 1-bed | 1,158 sqft | AED 449KAED 449,000 · Oct 2013October 2013 | 90,500 /yr | |
| 208 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Jun 2026June 2026 | 85,000 /yr |
207, Rimal 3 in numbers
- Sold 3 times: first on 12 November 2008 for AED 299,000, last on 18 November 2020 for AED 670,000 (AED 885 per sqft).
- Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 17,000 in 2018 and recovered to AED 56,500 by January 2024.
- At AED 56,500 a year the gross yield on the 2020 price is 8.4%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 1 January 2024.
Questions about 207, Rimal 3
What did unit 207 last sell for?
AED 670,000 on 18 November 2020: AED 885 per sqft for 757 sqft. The unit has 3 registered sales; the first was AED 299,000 in November 2008.
What is the rent for unit 207?
AED 56,500 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 52,000; the unit has been rented since December 2015.
How big is unit 207?
757 sqft (70.3 sqm): a studio on the 2nd floor of a 41-storey tower completed in 2007.
What is unit 207 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 207, Rimal 3
Starts from the last sale price (AED 670K, 18 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →