1-bed · 1,158 sqftRimal 3, Jumeirah Beach Residence · 7th floor · completed 2007

706, Rimal 3

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 449K23 October 2007
Current rentAED 103K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Rimal 3

What is 706 worth today?

Last sold for AED 449,000 in 2007

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15 Dec 2024RentedRenewal
AED 102,850/yr12 months · AED 89 per sqft
15 Dec 2023RentedRenewal
AED 93,500/yr12 months · AED 81 per sqft
15 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 73 per sqft
15 Dec 2021RentedNew contract
AED 71,000/yr12 months · AED 61 per sqft
5 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
1 Nov 2019RentedNew contract
AED 74,000/yr12 months · AED 64 per sqft
1 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 73 per sqft
17 Apr 2018RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
1,158 sqft
Floor
7th of 41
Parking
B500
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 449K · October 2007
Building
Rimal 3

About 706, Rimal 3

706 is a one-bedroom apartment of 1,158 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 23 October 2007 for AED 449,000, or AED 387 per sqft, in line with the AED 387 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 102,850 a year: a gross yield of 22.9% on the 2007 price, before the service charge of about AED 20,800 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Rimal 3
1M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 397,500; 2009 AED 1,155,000; 2010 AED 455,000; 2012 AED 1,017,500; 2013 AED 449,000; 2015 AED 1,500,000; 2018 AED 1,215,000; 2021 AED 1,150,000; 2023 AED 1,450,000; 2024 AED 1,570,000; 2025 AED 1,750,000; 2026 AED 1,115,000Sold by developer, October 2007: AED 449,000 (AED 387 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Rimal 3
50K75K100K2013201720212025Typical rent by year: 2013 AED 87,500; 2014 AED 95,000; 2015 AED 99,500; 2016 AED 100,000; 2017 AED 99,500; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 61,000; 2021 AED 57,750; 2022 AED 71,500; 2023 AED 78,650; 2024 AED 93,500; 2025 AED 93,500; 2026 AED 90,000New contract, February 2015: AED 99,000 a yearRenewal, February 2016: AED 99,000 a yearRenewal, February 2017: AED 99,000 a yearNew contract, April 2018: AED 90,000 a yearNew contract, April 2019: AED 85,000 a yearNew contract, November 2019: AED 74,000 a yearNew contract, December 2020: AED 60,000 a yearNew contract, December 2021: AED 71,000 a yearNew contract, December 2022: AED 85,000 a yearRenewal, December 2023: AED 93,500 a yearRenewal, December 2024: AED 102,850 a year

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 706 sits

All 46 1-beds →

706 last sold in October 2007 at AED 387 per sqft, in line with what one-beds in Rimal 3 were fetching at the time (AED 387). 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. 706's AED 102,850 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 20261,115,000
24 Jun 20261,500,000
16 Apr 2026764,000
3 Jun 2025127,000
3 1-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 7th floor

All 222 units in Rimal 3
Value
7013-bedAED 925K · Jun 2019
7023-bedAED 3.05M · Jun 2017
7031-bedAED 380K · Oct 2009
704StudioAED 710K · Jan 2008
7051-bedAED 920K · Aug 2010
707StudioAED 1.28M · May 2013
7081-bedAED 449K · Feb 2010

706, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 23 October 2007 for AED 449,000, or AED 387 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 99,000 to AED 60,000 in 2020 and recovered to AED 102,850 by December 2024.
  • At AED 102,850 a year the gross yield on the 2007 price is 22.9%, before a service charge of about AED 20,800 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 15 December 2024.

Questions about 706, Rimal 3

What did unit 706 last sell for?

AED 449,000 on 23 October 2007, sold by the developer: AED 387 per sqft for 1,158 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 102,850 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 93,500; the unit has been rented since February 2015.

How big is unit 706?

1,158 sqft (107.6 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.

What is unit 706 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 706, Rimal 3

Starts from the last sale price (AED 449K, 23 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

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