2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 25th floor · completed 2007

2504, Rimal 3

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 900K25 December 2007
Current rentAED 105K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Rimal 3

What is 2504 worth today?

Last sold for AED 900,000 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Feb 2024RentedRenewal
AED 104,738/yr12 months · AED 73 per sqft
14 Feb 2023RentedRenewal
AED 99,750/yr12 months · AED 69 per sqft
14 Feb 2022RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
15 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
15 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
1 Nov 2018RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
2 Nov 2017RentedRenewal
AED 120,323/yr12 months · AED 83 per sqft
2 Nov 2016RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
25th of 41
Parking
M478
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 900K · December 2007
Building
Rimal 3

About 2504, Rimal 3

2504 is a two-bedroom apartment of 1,444 sqft on the 25th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 December 2007 for AED 900,000, or AED 623 per sqft, 30% above the AED 481 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 104,738 a year: a gross yield of 11.6% on the 2007 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, December 2007: AED 900,000 (AED 623 per sqft)

2504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, 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, May 2012: AED 95,000 a yearRenewal, May 2013: AED 100,000 a yearNew contract, November 2014: AED 140,000 a yearRenewal, November 2015: AED 140,000 a yearRenewal, November 2016: AED 120,000 a yearRenewal, November 2017: AED 120,323 a yearRenewal, November 2018: AED 105,000 a yearNew contract, December 2019: AED 95,000 a yearNew contract, February 2021: AED 80,000 a yearNew contract, February 2022: AED 95,000 a yearRenewal, February 2023: AED 99,750 a yearRenewal, February 2024: AED 104,738 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 2504 sits

All 85 2-beds →

2504 last sold in December 2007 at AED 623 per sqft, 30% above what two-beds in Rimal 3 were fetching at the time (AED 481). 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. 2504's AED 104,738 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 25th floor

All 222 units in Rimal 3
Value
25013-bedAED 2.4M · Jan 2023
25023-bedAED 2.2M · Jul 2011
25032-bedAED 1.9M · May 2024
25052-bedAED 599K · Nov 2007
25062-bedAED 2.15M · Dec 2022

2504, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 25 December 2007 for AED 900,000, or AED 623 per sqft.
  • Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 104,738 by February 2024.
  • At AED 104,738 a year the gross yield on the 2007 price is 11.6%, 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 February 2024.

Questions about 2504, Rimal 3

What did unit 2504 last sell for?

AED 900,000 on 25 December 2007, sold by the developer: AED 623 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 104,738 a year on the contract renewed on 14 February 2024. The previous contract, from February 2023, was AED 99,750; the unit has been rented since May 2012.

How big is unit 2504?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 25th floor of a 41-storey tower completed in 2007.

What is unit 2504 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.

Selling 2504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2504, Rimal 3

Starts from the last sale price (AED 900K, 25 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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