2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 22nd floor · completed 2007

2205, Rimal 3

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 2.3M9 March 2023
Current rentAED 100K /yr14 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, Rimal 3

What is 2205 worth today?

Last sold for AED 2,300,000 in 2023

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14 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
9 Mar 2023SoldReady
AED 2,300,000AED 1,593 per sqft
14 Jun 2022RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
14 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
14 Jun 2020RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
13 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
15 Jul 2018RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
25 Jul 2016RentedNew contract
AED 140,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
22nd of 41
Parking
G282
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.3M · March 2023
Building
Rimal 3

About 2205, Rimal 3

2205 is a two-bedroom apartment of 1,444 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 March 2023 for AED 2,300,000, or AED 1,593 per sqft, 11% above the AED 1,439 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 14 June 2023, is AED 100,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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, October 2008: AED 599,000 (AED 414 per sqft)Sold, January 2009: AED 2,575,000 (AED 1,783 per sqft)Sold, March 2023: AED 2,300,000 (AED 1,593 per sqft)

2205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2205, 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, January 2012: AED 140,000 a yearNew contract, January 2014: AED 140,000 a yearNew contract, July 2015: AED 140,000 a yearNew contract, July 2016: AED 140,000 a yearNew contract, July 2018: AED 130,000 a yearNew contract, January 2019: AED 130,000 a yearNew contract, June 2020: AED 100,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 100,000 a yearNew contract, June 2023: AED 100,000 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 2205 sits

All 85 2-beds →

2205 last sold in March 2023 at AED 1,593 per sqft, 11% above what two-beds in Rimal 3 were fetching at the time (AED 1,439). 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. 2205's AED 100,000 is in the lower 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 22nd floor

All 222 units in Rimal 3
Value
22013-bedAED 1.75M · Jan 2022
22023-bedAED 19K · Jan 2025
22032-bedAED 1.35M · May 2021
22042-bedAED 900K · Dec 2007
22062-bedAED 599K · Dec 2007

2205, Rimal 3 in numbers

  • Sold 3 times: first on 16 October 2008 for AED 599,000, last on 9 March 2023 for AED 2,300,000 (AED 1,593 per sqft).
  • Rented since January 2012 on 10 Ejari contracts, from AED 140,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.3%, 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 14 June 2023.

Questions about 2205, Rimal 3

What did unit 2205 last sell for?

AED 2,300,000 on 9 March 2023: AED 1,593 per sqft for 1,444 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2008.

What is the rent for unit 2205?

AED 100,000 a year on the contract signed on 14 June 2023. The previous contract, from June 2022, was AED 100,000; the unit has been rented since January 2012.

How big is unit 2205?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 22nd floor of a 41-storey tower completed in 2007.

What is unit 2205 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 2205, Rimal 3

Starts from the last sale price (AED 2.3M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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