2203, Rimal 3
Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, Rimal 3
What is 2203 worth today?
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Source: Dubai Land Department. Updated 10 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,243 sqft
- Floor
- 22nd of 41
- Parking
- M488
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.35M · May 2021
- Building
- Rimal 3
About 2203, Rimal 3
2203 is a two-bedroom apartment of 1,243 sqft on the 22nd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 May 2021 for AED 1,350,000, or AED 1,085 per sqft, 4% above the AED 1,039 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 August 2022, is AED 80,500 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 22,300 a year.
Sales and rents for 2203 over time
2203 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2203 sits
All 85 2-beds →2203 last sold in May 2021 at AED 1,085 per sqft, 4% above what two-beds in Rimal 3 were fetching at the time (AED 1,039). 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. 2203's AED 80,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,243 sqft | 1,775,000 | 1,427 | ||
| 5 Oct 20265 October 2026 | 1,444 sqft | 2,750,000 | 1,904 | ||
| 9 Jun 20269 June 2026 | 1,444 sqft | 2,250,000 | 1,558 | ||
| 18 Mar 202618 March 2026 | 1,243 sqft | 2,150,000 | 1,729 |
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 22nd floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 3-bed | 1,961 sqft | AED 1.75MAED 1,750,000 · Jan 2022January 2022 | 180,000 /yr | |
| 2202 | 3-bed | 20 sqft | AED 19KAED 19,000 · Jan 2025January 2025 | 190,000 /yr | |
| 2204 | 2-bed | 1,444 sqft | AED 900KAED 900,000 · Dec 2007December 2007 | 110,250 /yr | |
| 2205 | 2-bed | 1,444 sqft | AED 2.3MAED 2,300,000 · Mar 2023March 2023 | 100,000 /yr | |
| 2206 | 2-bed | 1,243 sqft | AED 599KAED 599,000 · Dec 2007December 2007 | 135,000 /yr |
2203, Rimal 3 in numbers
- Sold 4 times: first on 21 April 2008 for AED 490,875, last on 9 May 2021 for AED 1,350,000 (AED 1,085 per sqft).
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2020 and recovered to AED 80,500 by August 2022.
- At AED 80,500 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 22,300 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 10 August 2022.
Questions about 2203, Rimal 3
What did unit 2203 last sell for?
AED 1,350,000 on 9 May 2021: AED 1,085 per sqft for 1,243 sqft. The unit has 4 registered sales; the first was AED 490,875 in April 2008.
What is the rent for unit 2203?
AED 80,500 a year on the contract renewed on 10 August 2022. The previous contract, from August 2021, was AED 80,500; the unit has been rented since June 2013.
How big is unit 2203?
1,243 sqft (115.5 sqm): a two-bedroom apartment on the 22nd floor of a 41-storey tower completed in 2007.
What is unit 2203 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 2203, Rimal 3
Starts from the last sale price (AED 1.35M, 9 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →