2-bed · 1,470 sqftRimal 3, Jumeirah Beach Residence · 33rd floor · completed 2007

3304, Rimal 3

Sold prices and rental history: sold 3 times, last in July 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.86M1 July 2012
Current rentAED 100K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3304, Rimal 3

What is 3304 worth today?

Last sold for AED 1,862,000 in 2012

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1 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
30 Jan 2019RentedNew contract
AED 160,000/yr12 months · AED 108 per sqft
1 Mar 2016RentedNew contract
AED 150,000/yr12 months · AED 102 per sqft
1 Jul 2012SoldReady
AED 1,862,000AED 1,267 per sqft
8 May 2008SoldReady
AED 3,321,450AED 2,260 per sqft
28 Oct 2007Sold by developerReady
AED 599,000AED 407 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
33rd of 41
Parking
G376
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,400 /yr
Last sold
AED 1.86M · July 2012
Building
Rimal 3

About 3304, Rimal 3

3304 is a two-bedroom apartment of 1,470 sqft on the 33rd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 July 2012 for AED 1,862,000, or AED 1,267 per sqft, 54% above the AED 822 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 November 2022, is AED 100,000 a year: a gross yield of 5.4% on the 2012 price, before the service charge of about AED 26,400 a year.

Sales and rents for 3304 over time

Sales
Unit 3304, each saleTypical two-bed in Rimal 3
2M20072012201720222027Typical 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, October 2007: AED 599,000 (AED 407 per sqft)Sold, May 2008: AED 3,321,450 (AED 2,260 per sqft)Sold, July 2012: AED 1,862,000 (AED 1,267 per sqft)

3304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3304, 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, March 2016: AED 150,000 a yearNew contract, January 2019: AED 160,000 a yearNew contract, November 2022: AED 100,000 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 3304 sits

All 85 2-beds →

3304 last sold in July 2012 at AED 1,267 per sqft, 54% above what two-beds in Rimal 3 were fetching at the time (AED 822). 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. 3304's AED 100,000 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 33rd floor

All 222 units in Rimal 3
Value
33012-bedAED 550K · Sep 2007
33022-bedAED 550K · Feb 2009
33032-bedAED 2.63M · Aug 2023

3304, Rimal 3 in numbers

  • Sold 3 times: first on 28 October 2007 for AED 599,000, last on 1 July 2012 for AED 1,862,000 (AED 1,267 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2012 price is 5.4%, before a service charge of about AED 26,400 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 1 November 2022.

Questions about 3304, Rimal 3

What did unit 3304 last sell for?

AED 1,862,000 on 1 July 2012: AED 1,267 per sqft for 1,470 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 3304?

AED 100,000 a year on the contract signed on 1 November 2022. The previous contract, from January 2019, was AED 160,000; the unit has been rented since March 2016.

How big is unit 3304?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 33rd floor of a 41-storey tower completed in 2007.

What is unit 3304 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 3304, Rimal 3

Starts from the last sale price (AED 1.86M, 1 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,862,000
Deposit, UAE resident (20%)
AED 372,400
Deposit, non-resident (40%)
AED 744,800
Monthly over 25 years at 3.7%
AED 7,618

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