2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 24th floor · completed 2007

2405, Rimal 3

Sold prices and rental history: sold 4 times, last in August 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 26 August 2020
Last soldAED 1.6M26 August 2020
Current rentAED 110K /yr20 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Rimal 3

What is 2405 worth today?

Last sold for AED 1,600,000 in 2020

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26 Aug 2020SoldReady
AED 1,600,000AED 1,108 per sqft
20 Dec 2019RentedRenewal
AED 109,500/yr8 months · AED 76 per sqft
20 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
14 Dec 2014SoldReady
AED 2,950,000AED 2,043 per sqft
18 Apr 2013SoldReady
AED 2,295,500AED 1,590 per sqft
17 Mar 2008Sold by developerReady
AED 599,000AED 414 per sqft

Source: Dubai Land Department. Updated 26 August 2020.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
24th of 41
Parking
G392
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.6M · August 2020
Building
Rimal 3

About 2405, Rimal 3

2405 is a two-bedroom apartment of 1,444 sqft on the 24th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 August 2020 for AED 1,600,000, or AED 1,108 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 20 December 2019, is AED 109,500 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Rimal 3
2M20072012201720222027Typical 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, March 2008: AED 599,000 (AED 414 per sqft)Sold, April 2013: AED 2,295,500 (AED 1,590 per sqft)Sold, December 2014: AED 2,950,000 (AED 2,043 per sqft)Sold, August 2020: AED 1,600,000 (AED 1,108 per sqft)

2405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Rimal 3
75K100K125K20112015201920232027Typical 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, December 2018: AED 100,000 a yearRenewal, December 2019: AED 109,500 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 2405 sits

All 85 2-beds →

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. 2405's AED 109,500 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 24th floor

All 222 units in Rimal 3
Value
24013-bedAED 4.25M · Feb 2025
24023-bedAED 699K · Apr 2008
24032-bedAED 1.69M · Apr 2023
24042-bedAED 275K · Nov 2008
24062-bedAED 2.33M · Feb 2016

2405, Rimal 3 in numbers

  • Sold 4 times: first on 17 March 2008 for AED 599,000, last on 26 August 2020 for AED 1,600,000 (AED 1,108 per sqft).
  • Rented since December 2018 on 2 Ejari contracts, from AED 100,000 to AED 109,500 a year.
  • At AED 109,500 a year the gross yield on the 2020 price is 6.8%, 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 26 August 2020.

Questions about 2405, Rimal 3

What did unit 2405 last sell for?

AED 1,600,000 on 26 August 2020: AED 1,108 per sqft for 1,444 sqft. The unit has 4 registered sales; the first was AED 599,000 in March 2008.

What is the rent for unit 2405?

AED 109,500 a year on the contract renewed on 20 December 2019. The previous contract, from December 2018, was AED 100,000.

How big is unit 2405?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2405 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 2405, Rimal 3

Starts from the last sale price (AED 1.6M, 26 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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