3-bed · 1,961 sqftRimal 3, Jumeirah Beach Residence · 30th floor · completed 2007

3001, Rimal 3

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3001 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 645K27 September 2007
Current rentAED 190K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3001, Rimal 3

What is 3001 worth today?

Last sold for AED 645,000 in 2007

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1 Sep 2022RentedRenewal
AED 190,000/yr12 months · AED 97 per sqft
1 Sep 2021RentedRenewal
AED 150,000/yr12 months · AED 77 per sqft
1 Sep 2020RentedRenewal
AED 150,000/yr12 months · AED 77 per sqft
1 Sep 2019RentedRenewal
AED 165,000/yr12 months · AED 84 per sqft
1 Sep 2018RentedRenewal
AED 175,000/yr12 months · AED 89 per sqft
1 Sep 2017RentedNew contract
AED 185,000/yr12 months · AED 94 per sqft
19 Apr 2016RentedNew contract
AED 203,571/yr14 months · AED 104 per sqft
19 Mar 2015RentedNew contract
AED 190,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
3-bed apartment
Size
1,961 sqft
Floor
30th of 41
Parking
M444-M480
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,200 /yr
Last sold
AED 645K · September 2007
Building
Rimal 3

About 3001, Rimal 3

3001 is a three-bedroom apartment of 1,961 sqft on the 30th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 September 2007 for AED 645,000, or AED 328 per sqft, 8% below the AED 356 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 190,000 a year: a gross yield of 29.5% on the 2007 price, before the service charge of about AED 35,200 a year.

Sales and rents for 3001 over time

Sales
Unit 3001, each saleTypical three-bed in Rimal 3
2M4M2007201220172022Typical sale price by year: 2007 AED 666,800; 2008 AED 699,000; 2009 AED 645,000; 2010 AED 699,000; 2011 AED 2,541,000; 2012 AED 699,000; 2013 AED 1,688,250; 2014 AED 3,250,000; 2016 AED 1,375,000; 2017 AED 2,225,000; 2019 AED 2,550,000; 2021 AED 2,692,750; 2022 AED 2,055,500; 2023 AED 2,500,000; 2025 AED 3,600,000Sold by developer, September 2007: AED 645,000 (AED 328 per sqft)

3001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3001, each contractTypical three-bed in Rimal 3
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 160,000; 2014 AED 176,500; 2015 AED 180,000; 2016 AED 178,013; 2017 AED 177,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 132,825; 2023 AED 147,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 184,000New contract, November 2013: AED 190,000 a yearNew contract, March 2015: AED 190,000 a yearNew contract, April 2016: AED 203,571 a yearNew contract, September 2017: AED 185,000 a yearRenewal, September 2018: AED 175,000 a yearRenewal, September 2019: AED 165,000 a yearRenewal, September 2020: AED 150,000 a yearRenewal, September 2021: AED 150,000 a yearRenewal, September 2022: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 3, and where 3001 sits

All 63 3-beds →

3001 last sold in September 2007 at AED 328 per sqft, 8% below what three-beds in Rimal 3 were fetching at the time (AED 356). 3001's AED 190,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Apr 20253,600,000
26 Feb 20254,250,000
7 Jan 202519,000
18 Sep 20242,968,000
0 3-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 30th floor

All 222 units in Rimal 3
Value
30023-bedAED 699K · Dec 2007
30032-bedAED 1.2M · Dec 2011
30042-bedAED 820K · Nov 2008
30052-bedAED 599K · Sep 2007
30062-bedAED 599K · Jul 2012

3001, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 27 September 2007 for AED 645,000, or AED 328 per sqft.
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2021 and recovered to AED 190,000 by September 2022.
  • At AED 190,000 a year the gross yield on the 2007 price is 29.5%, before a service charge of about AED 35,200 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 1 September 2022.

Questions about 3001, Rimal 3

What did unit 3001 last sell for?

AED 645,000 on 27 September 2007, sold by the developer: AED 328 per sqft for 1,961 sqft. It is the only registered sale of the unit.

What is the rent for unit 3001?

AED 190,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 150,000; the unit has been rented since November 2013.

How big is unit 3001?

1,961 sqft (182.2 sqm): a three-bedroom apartment on the 30th floor of a 41-storey tower completed in 2007.

What is unit 3001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3001, Rimal 3

Starts from the last sale price (AED 645K, 27 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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