703, Rimal 3
Sold prices and rental history: sold once, by the developer in October 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Rimal 3
What is 703 worth today?
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Source: Dubai Land Department. Updated 1 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 7th of 41
- Parking
- B600
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,700 /yr
- Last sold
- AED 380K · October 2009
- Building
- Rimal 3
About 703, Rimal 3
703 is a one-bedroom apartment of 929 sqft on the 7th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 October 2009 for AED 380,000, or AED 409 per sqft, 20% below the AED 509 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 50,000 a year: a gross yield of 13.2% on the 2009 price, before the service charge of about AED 16,700 a year.
Sales and rents for 703 over time
703 has sold once; 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 703 sits
All 46 1-beds →703 last sold in October 2009 at AED 409 per sqft, 20% below what one-beds in Rimal 3 were fetching at the time (AED 509). 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. 703's AED 50,000 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 7th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,948 sqft | AED 925KAED 925,000 · Jun 2019June 2019 | ||
| 702 | 3-bed | 1,948 sqft | AED 3.05MAED 3,050,000 · Jun 2017June 2017 | 195,000 /yr | |
| 704 | Studio | 757 sqft | AED 710KAED 709,500 · Jan 2008January 2008 | 52,800 /yr | |
| 705 | 1-bed | 1,158 sqft | AED 920KAED 920,000 · Aug 2010August 2010 | ||
| 706 | 1-bed | 1,158 sqft | AED 449KAED 449,000 · Oct 2007October 2007 | 102,850 /yr | |
| 707 | Studio | 757 sqft | AED 1.28MAED 1,280,000 · May 2013May 2013 | 72,000 /yr | |
| 708 | 1-bed | 929 sqft | AED 449KAED 449,000 · Feb 2010February 2010 | 90,000 /yr |
703, Rimal 3 in numbers
- Sold once: by Dubai Properties on 12 October 2009 for AED 380,000, or AED 409 per sqft.
- Rented since June 2016 on 5 Ejari contracts, from AED 100,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2009 price is 13.2%, 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 1 January 2022.
Questions about 703, Rimal 3
What did unit 703 last sell for?
AED 380,000 on 12 October 2009, sold by the developer: AED 409 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 50,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 50,000; the unit has been rented since June 2016.
How big is unit 703?
929 sqft (86.3 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 703 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 703, Rimal 3
Starts from the last sale price (AED 380K, 12 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →