2503, Rimal 3
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2503, Rimal 3
What is 2503 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,243 sqft
- Floor
- 25th of 41
- Parking
- M479
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.9M · May 2024
- Building
- Rimal 3
About 2503, Rimal 3
2503 is a two-bedroom apartment of 1,243 sqft on the 25th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2024 for AED 1,900,000, or AED 1,528 per sqft, 8% below the AED 1,657 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 96,954 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 22,300 a year.
Sales and rents for 2503 over time
2503 has sold twice; 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 2503 sits
All 85 2-beds →2503 last sold in May 2024 at AED 1,528 per sqft, 8% below what two-beds in Rimal 3 were fetching at the time (AED 1,657). 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. 2503's AED 96,954 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 25th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 1,961 sqft | AED 2.4MAED 2,400,000 · Jan 2023January 2023 | ||
| 2502 | 3-bed | 1,961 sqft | AED 2.2MAED 2,200,000 · Jul 2011July 2011 | ||
| 2504 | 2-bed | 1,444 sqft | AED 900KAED 900,000 · Dec 2007December 2007 | 104,738 /yr | |
| 2505 | 2-bed | 1,444 sqft | AED 599KAED 599,000 · Nov 2007November 2007 | 120,336 /yr | |
| 2506 | 2-bed | 1,243 sqft | AED 2.15MAED 2,150,000 · Dec 2022December 2022 | 120,000 /yr |
2503, Rimal 3 in numbers
- Sold twice: first on 30 April 2008 for AED 692,500, last on 1 May 2024 for AED 1,900,000 (AED 1,528 per sqft).
- Rented since October 2016 on 10 Ejari contracts. The rent fell from AED 127,338 to AED 70,000 in 2021 and recovered to AED 96,954 by October 2023.
- At AED 96,954 a year the gross yield on the 2024 price is 5.1%, 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 1 May 2024.
Questions about 2503, Rimal 3
What did unit 2503 last sell for?
AED 1,900,000 on 1 May 2024: AED 1,528 per sqft for 1,243 sqft. The unit has 2 registered sales; the first was AED 692,500 in April 2008.
What is the rent for unit 2503?
AED 96,954 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 88,140; the unit has been rented since October 2016.
How big is unit 2503?
1,243 sqft (115.5 sqm): a two-bedroom apartment on the 25th floor of a 41-storey tower completed in 2007.
What is unit 2503 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 2503, Rimal 3
Starts from the last sale price (AED 1.9M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →