
307, Rimal 3
Sold prices and rental history: sold once, by the developer in February 2008, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Rimal 3
What is 307 worth today?
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Source: Dubai Land Department. Updated 1 January 2018.
Key facts
- Type
- Studio apartment
- Size
- 757 sqft
- Floor
- 3rd of 41
- Parking
- B556
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 13,600 /yr
- Last sold
- AED 299K · February 2008
- Building
- Rimal 3
About 307, Rimal 3
307 is a studio of 757 sqft on the 3rd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 February 2008 for AED 299,000, or AED 395 per sqft, in line with the AED 395 studios in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 January 2018, is AED 80,000 a year: a gross yield of 26.8% on the 2008 price, before the service charge of about AED 13,600 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Rimal 3, and where 307 sits
All 22 studios →307 last sold in February 2008 at AED 395 per sqft, in line with what studios in Rimal 3 were fetching at the time (AED 395). 307's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 757 sqft | 1,230,000 | 1,625 | ||
| 2 Oct 20242 October 2024 | 757 sqft | 1,300,000 | 1,717 | ||
| 7 Feb 20247 February 2024 | 757 sqft | 1,200,000 | 1,585 | ||
| 14 Dec 202314 December 2023 | 757 sqft | 1,400,000 | 1,850 |
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 3rd floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,948 sqft | AED 590KAED 590,000 · Feb 2010February 2010 | 155,129 /yr | |
| 302 | 3-bed | 1,948 sqft | AED 2.7MAED 2,700,000 · May 2013May 2013 | 183,752 /yr | |
| 303 | 1-bed | 929 sqft | AED 1.58MAED 1,580,000 · Nov 2024November 2024 | 85,000 /yr | |
| 304 | Studio | 757 sqft | AED 250KAED 250,000 · Feb 2010February 2010 | 60,000 /yr | |
| 305 | 1-bed | 1,158 sqft | AED 380KAED 380,000 · Jul 2007July 2007 | 84,011 /yr | |
| 306 | 1-bed | 1,158 sqft | AED 1.45MAED 1,450,000 · Apr 2016April 2016 | 73,000 /yr | |
| 308 | 1-bed | 929 sqft | AED 1.06MAED 1,060,000 · Feb 2012February 2012 | 95,000 /yr |
307, Rimal 3 in numbers
- Sold once: by Dubai Properties on 27 February 2008 for AED 299,000, or AED 395 per sqft.
- Rented since September 2016 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2008 price is 26.8%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 1 January 2018.
Questions about 307, Rimal 3
What did unit 307 last sell for?
AED 299,000 on 27 February 2008, sold by the developer: AED 395 per sqft for 757 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 80,000 a year on the contract signed on 1 January 2018. The previous contract, from September 2016, was AED 75,000.
How big is unit 307?
757 sqft (70.3 sqm): a studio on the 3rd floor of a 41-storey tower completed in 2007.
What is unit 307 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 307, Rimal 3
Starts from the last sale price (AED 299K, 27 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 299,000
- Deposit, UAE resident (20%)
- AED 59,800
- Deposit, non-resident (40%)
- AED 119,600
- Monthly over 25 years at 3.7%
- AED 1,223
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →