2-bed · 1,243 sqftRimal 3, Jumeirah Beach Residence · 25th floor · completed 2007

2506, Rimal 3

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 2.15M20 December 2022
Current rentAED 120K /yr10 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Rimal 3

What is 2506 worth today?

Last sold for AED 2,150,000 in 2022

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20 Dec 2022SoldReady
AED 2,150,000AED 1,729 per sqft
10 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
10 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
1 Mar 2020RentedRenewal
AED 103,000/yr12 months · AED 83 per sqft
1 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 89 per sqft
8 Dec 2017RentedRenewal
AED 145,000/yr12 months · AED 117 per sqft
8 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 117 per sqft
13 Nov 2016SoldReady
AED 2,300,000AED 1,850 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
25th of 41
Parking
G389
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.15M · December 2022
Building
Rimal 3

About 2506, Rimal 3

2506 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 20 December 2022 for AED 2,150,000, or AED 1,729 per sqft, 24% above the AED 1,397 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 January 2022, is AED 120,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 22,300 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, August 2007: AED 599,000 (AED 481 per sqft)Sold, November 2016: AED 2,300,000 (AED 1,850 per sqft)Sold, December 2022: AED 2,150,000 (AED 1,729 per sqft)

2506 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2506, 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 2013: AED 140,000 a yearNew contract, November 2013: AED 143,000 a yearNew contract, December 2016: AED 145,000 a yearRenewal, December 2017: AED 145,000 a yearNew contract, March 2019: AED 110,000 a yearRenewal, March 2020: AED 103,000 a yearNew contract, July 2021: AED 120,000 a yearNew contract, January 2022: AED 120,000 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 2506 sits

All 85 2-beds →

2506 last sold in December 2022 at AED 1,729 per sqft, 24% above what two-beds in Rimal 3 were fetching at the time (AED 1,397). 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. 2506's AED 120,000 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 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
25042-bedAED 900K · Dec 2007
25052-bedAED 599K · Nov 2007

2506, Rimal 3 in numbers

  • Sold 3 times: first on 28 August 2007 for AED 599,000, last on 20 December 2022 for AED 2,150,000 (AED 1,729 per sqft).
  • Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 103,000 in 2020 and recovered to AED 120,000 by January 2022.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.6%, 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 20 December 2022.

Questions about 2506, Rimal 3

What did unit 2506 last sell for?

AED 2,150,000 on 20 December 2022: AED 1,729 per sqft for 1,243 sqft. The unit has 3 registered sales; the first was AED 599,000 in August 2007.

What is the rent for unit 2506?

AED 120,000 a year on the contract signed on 10 January 2022. The previous contract, from July 2021, was AED 120,000; the unit has been rented since May 2013.

How big is unit 2506?

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 2506 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 2506, Rimal 3

Starts from the last sale price (AED 2.15M, 20 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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