508, Rimal 3
Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Rimal 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 14 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 5th of 41
- Parking
- B552
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.35M · November 2022
- Building
- Rimal 3
About 508, Rimal 3
508 is a one-bedroom apartment of 929 sqft on the 5th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 November 2022 for AED 1,350,000, or AED 1,453 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 8 August 2022, is AED 40,000 a year: a gross yield of 3.0% on the 2022 price, before the service charge of about AED 16,700 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 3, and where 508 sits
All 46 1-beds →Over the last 12 months one-beds sold for AED 764,000 to 1,500,000, around AED 1,614 per sqft, and rent for AED 70,000 to 125,000 a year. 508's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202625 June 2026 | 798 sqft | 1,115,000 | 1,396 | ||
| 24 Jun 202624 June 2026 | 929 sqft | 1,500,000 | 1,614 | ||
| 16 Apr 202616 April 2026 | 431 sqft | 764,000 | 1,774 | ||
| 3 Jun 20253 June 2025 | 27 sqft | 127,000 | 4,645 |
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 5th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,948 sqft | AED 2.8MAED 2,800,000 · Dec 2013December 2013 | 205,000 /yr | |
| 502 | 3-bed | 1,948 sqft | AED 699KAED 699,000 · May 2012May 2012 | ||
| 503 | 1-bed | 929 sqft | AED 380KAED 380,000 · Dec 2007December 2007 | 110,000 /yr | |
| 504 | Studio | 757 sqft | AED 1.03MAED 1,025,000 · May 2022May 2022 | 80,000 /yr | |
| 505 | 1-bed | 1,158 sqft | AED 1.2MAED 1,200,000 · Aug 2018August 2018 | 90,841 /yr | |
| 506 | 1-bed | 1,158 sqft | AED 950KAED 950,000 · Jul 2020July 2020 | 85,000 /yr | |
| 507 | Studio | 757 sqft | AED 1.05MAED 1,050,000 · Nov 2022November 2022 | 40,000 /yr |
508, Rimal 3 in numbers
- Sold 3 times: first on 17 July 2008 for AED 224,500, last on 14 November 2022 for AED 1,350,000 (AED 1,453 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 105,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2022 price is 3.0%, before a service charge of about AED 16,700 a year (AED 17.94 per sqft).
- One-beds in Rimal 3 sold for AED 764,000–1,500,000 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 14 November 2022.
Questions about 508, Rimal 3
What did unit 508 last sell for?
AED 1,350,000 on 14 November 2022: AED 1,453 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 224,500 in July 2008.
What is the rent for unit 508?
AED 40,000 a year on the contract renewed on 8 August 2022. The previous contract, from August 2021, was AED 40,000; the unit has been rented since November 2014.
How big is unit 508?
929 sqft (86.3 sqm): a one-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 3 sold for AED 764,000 to 1,500,000 in the last 12 months, around AED 1,614 per sqft.
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Mortgage on 508, Rimal 3
Starts from the last sale price (AED 1.35M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →