2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 30th floor · completed 2007

3004, Rimal 3

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 820K25 November 2008
Current rentAED 165K /yr23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, Rimal 3

What is 3004 worth today?

Last sold for AED 820,000 in 2008

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23 Jul 2024RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft
3 Dec 2022RentedNew contract
AED 145,000/yr12 months · AED 101 per sqft
22 Jun 2021RentedRenewal
AED 94,000/yr12 months · AED 65 per sqft
22 Jun 2020RentedRenewal
AED 90,000/yr12 months · AED 62 per sqft
22 Jun 2019RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
22 Jun 2018RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
22 Jun 2017RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
22 Jun 2016RentedNew contract
AED 122,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
30th of 41
Parking
M472
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 820K · November 2008
Building
Rimal 3

About 3004, Rimal 3

3004 is a two-bedroom apartment of 1,444 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 25 November 2008 for AED 820,000, or AED 567 per sqft, 9% below the AED 623 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 23 July 2024, is AED 165,000 a year: a gross yield of 20.1% on the 2008 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3004 over time

Sales
Unit 3004, 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, November 2008: AED 820,000 (AED 567 per sqft)

3004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3004, 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, August 2012: AED 95,000 a yearNew contract, August 2014: AED 115,000 a yearRenewal, August 2015: AED 120,000 a yearNew contract, June 2016: AED 122,000 a yearRenewal, June 2017: AED 125,000 a yearRenewal, June 2018: AED 125,000 a yearRenewal, June 2019: AED 110,000 a yearRenewal, June 2020: AED 90,000 a yearRenewal, June 2021: AED 94,000 a yearNew contract, December 2022: AED 145,000 a yearNew contract, July 2024: AED 165,000 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 3004 sits

All 85 2-beds →

3004 last sold in November 2008 at AED 567 per sqft, 9% below what two-beds in Rimal 3 were fetching at the time (AED 623). 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. 3004's AED 165,000 is in the upper 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 30th floor

All 222 units in Rimal 3
Value
30013-bedAED 645K · Sep 2007
30023-bedAED 699K · Dec 2007
30032-bedAED 1.2M · Dec 2011
30052-bedAED 599K · Sep 2007
30062-bedAED 599K · Jul 2012

3004, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 25 November 2008 for AED 820,000, or AED 567 per sqft.
  • Rented since August 2012 on 11 Ejari contracts, from AED 95,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2008 price is 20.1%, 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 23 July 2024.

Questions about 3004, Rimal 3

What did unit 3004 last sell for?

AED 820,000 on 25 November 2008, sold by the developer: AED 567 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 3004?

AED 165,000 a year on the contract signed on 23 July 2024. The previous contract, from December 2022, was AED 145,000; the unit has been rented since August 2012.

How big is unit 3004?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 30th floor of a 41-storey tower completed in 2007.

What is unit 3004 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 3004, Rimal 3

Starts from the last sale price (AED 820K, 25 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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