3-bed · 1,948 sqftRimal 3, Jumeirah Beach Residence · 5th floor · completed 2007

502, Rimal 3

Sold prices and rental history: sold once, by the developer in May 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 May 2012
Last soldAED 699K9 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Rimal 3

What is 502 worth today?

Last sold for AED 699,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 May 2012Sold by developerReady
AED 699,000AED 358 per sqft

Source: Dubai Land Department. Updated 9 May 2012.

Key facts

Type
3-bed apartment
Size
1,948 sqft
Floor
5th of 41
Parking
B521-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,900 /yr
Last sold
AED 699K · May 2012
Building
Rimal 3

About 502, Rimal 3

502 is a three-bedroom apartment of 1,948 sqft on the 5th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 May 2012 for AED 699,000, or AED 358 per sqft, 60% below the AED 900 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, May 2012: AED 699,000 (AED 358 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Rimal 3
150K2012201620202024Typical 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 184,000

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 502 sits

All 63 3-beds →

502 last sold in May 2012 at AED 358 per sqft, 60% below what three-beds in Rimal 3 were fetching at the time (AED 900).

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 5th floor

All 222 units in Rimal 3
Value
5013-bedAED 2.8M · Dec 2013
5031-bedAED 380K · Dec 2007
504StudioAED 1.03M · May 2022
5051-bedAED 1.2M · Aug 2018
5061-bedAED 950K · Jul 2020
507StudioAED 1.05M · Nov 2022
5081-bedAED 1.35M · Nov 2022

502, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 9 May 2012 for AED 699,000, or AED 358 per sqft.

Source: Dubai Land Department. Updated 9 May 2012.

Questions about 502, Rimal 3

What did unit 502 last sell for?

AED 699,000 on 9 May 2012, sold by the developer: AED 358 per sqft for 1,948 sqft. It is the only registered sale of the unit.

How big is unit 502?

1,948 sqft (181.0 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.

What is unit 502 worth today?

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

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Rimal 3

Starts from the last sale price (AED 699K, 9 May 2012). 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 →