402, Rimal 3
Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Rimal 3
What is 402 worth today?
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Source: Dubai Land Department. Updated 18 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,948 sqft
- Floor
- 4th of 41
- Parking
- B548-B549
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,900 /yr
- Last sold
- AED 699K · September 2007
- Building
- Rimal 3
About 402, Rimal 3
402 is a three-bedroom apartment of 1,948 sqft on the 4th 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 699,000, or AED 358 per sqft, in line with the AED 356 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 18 January 2024, is AED 260,000 a year: a gross yield of 37.2% on the 2007 price, before the service charge of about AED 34,900 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 63 3-beds →402 last sold in September 2007 at AED 358 per sqft, in line with what three-beds in Rimal 3 were fetching at the time (AED 356). 402's AED 260,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20259 April 2025 | 1,961 sqft | 3,600,000 | 1,836 | ||
| 26 Feb 202526 February 2025 | 1,961 sqft | 4,250,000 | 2,167 | ||
| 7 Jan 20257 January 2025 | 20 sqft | 19,000 | 969 | ||
| 18 Sep 202418 September 2024 | 1,948 sqft | 2,968,000 | 1,523 |
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 4th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,948 sqft | AED 590KAED 590,000 · Oct 2007October 2007 | 120,000 /yr | |
| 403 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Mar 2009March 2009 | 93,500 /yr | |
| 404 | Studio | 757 sqft | AED 250KAED 250,000 · Apr 2015April 2015 | ||
| 405 | 1-bed | 1,158 sqft | AED 380KAED 380,000 · Dec 2007December 2007 | 100,000 /yr | |
| 406 | 1-bed | 1,158 sqft | AED 449KAED 449,000 · May 2008May 2008 | 99,225 /yr | |
| 407 | Studio | 757 sqft | AED 1.2MAED 1,200,000 · Oct 2015October 2015 | 85,000 /yr | |
| 408 | 1-bed | 929 sqft | AED 1.3MAED 1,295,000 · Nov 2009November 2009 | 113,861 /yr |
402, Rimal 3 in numbers
- Sold once: by Dubai Properties on 27 September 2007 for AED 699,000, or AED 358 per sqft.
- Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 198,000 to AED 135,000 in 2022 and recovered to AED 260,000 by January 2024.
- At AED 260,000 a year the gross yield on the 2007 price is 37.2%, before a service charge of about AED 34,900 a year (AED 17.94 per sqft).
Source: Dubai Land Department. Updated 18 January 2024.
Questions about 402, Rimal 3
What did unit 402 last sell for?
AED 699,000 on 27 September 2007, sold by the developer: AED 358 per sqft for 1,948 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 260,000 a year on the contract signed on 18 January 2024. The previous contract, from May 2022, was AED 135,000; the unit has been rented since July 2015.
How big is unit 402?
1,948 sqft (181.0 sqm): a three-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.
What is unit 402 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 402, Rimal 3
Starts from the last sale price (AED 699K, 27 September 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →