Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 8th floor · completed 2007

807, Rimal 3

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 1.6M17 November 2023
Current rentAED 50K /yr22 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Rimal 3

What is 807 worth today?

Last sold for AED 1,600,000 in 2023

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17 Nov 2023SoldReady
AED 1,600,000AED 2,114 per sqft
15 Jun 2022SoldReady
AED 1,175,000AED 1,552 per sqft
22 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
12 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedRenewal
AED 62,000/yr12 months · AED 82 per sqft
1 Aug 2018RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
3 Jul 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
1 Feb 2017RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
8th of 41
Parking
B441
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 1.6M · November 2023
Building
Rimal 3

About 807, Rimal 3

807 is a studio of 757 sqft on the 8th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 November 2023 for AED 1,600,000, or AED 2,114 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 22 August 2021, is AED 50,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical studio in Rimal 3
1M2007201220172022Typical sale price by year: 2007 AED 250,000; 2008 AED 299,000; 2010 AED 250,000; 2012 AED 549,500; 2013 AED 995,000; 2015 AED 600,000; 2022 AED 1,050,000; 2023 AED 1,400,000Sold by developer, December 2012: AED 299,000 (AED 395 per sqft)Sold, June 2022: AED 1,175,000 (AED 1,552 per sqft)Sold, November 2023: AED 1,600,000 (AED 2,114 per sqft)

807 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 807, each contractTypical studio in Rimal 3
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 67,000; 2014 AED 76,500; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 57,750; 2021 AED 48,000; 2022 AED 50,158; 2023 AED 60,800; 2024 AED 58,600; 2025 AED 83,000; 2026 AED 80,000New contract, July 2013: AED 67,000 a yearNew contract, July 2014: AED 90,000 a yearNew contract, July 2015: AED 90,000 a yearNew contract, September 2015: AED 90,000 a yearNew contract, February 2017: AED 90,000 a yearNew contract, July 2017: AED 80,000 a yearNew contract, August 2018: AED 70,000 a yearRenewal, August 2019: AED 62,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, August 2021: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rimal 3, and where 807 sits

All 22 studios →

807's AED 50,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
15 May 20251,230,000
2 Oct 20241,300,000
7 Feb 20241,200,000
14 Dec 20231,400,000
0 studio 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 8th floor

All 222 units in Rimal 3
Value
8013-bedAED 590K · Jan 2008
8023-bedAED 1.4M · Dec 2010
8031-bedAED 1.53M · Aug 2024
804StudioAED 250K · Sep 2007
8051-bedAED 1.3M · Aug 2018
8061-bedAED 2.2M · Apr 2025
8081-bedAED 449K · Dec 2012

807, Rimal 3 in numbers

  • Sold 3 times: first on 6 December 2012 for AED 299,000, last on 17 November 2023 for AED 1,600,000 (AED 2,114 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 67,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 3.1%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 17 November 2023.

Questions about 807, Rimal 3

What did unit 807 last sell for?

AED 1,600,000 on 17 November 2023: AED 2,114 per sqft for 757 sqft. The unit has 3 registered sales; the first was AED 299,000 in December 2012.

What is the rent for unit 807?

AED 50,000 a year on the contract signed on 22 August 2021. The previous contract, from August 2020, was AED 50,000; the unit has been rented since July 2013.

How big is unit 807?

757 sqft (70.3 sqm): a studio on the 8th floor of a 41-storey tower completed in 2007.

What is unit 807 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 807, Rimal 3

Starts from the last sale price (AED 1.6M, 17 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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