Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 9th floor · completed 2007

907, Rimal 3

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 1.4M14 December 2023
Current rentAED 55K /yr16 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Rimal 3

What is 907 worth today?

Last sold for AED 1,400,000 in 2023

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14 Dec 2023SoldReady
AED 1,400,000AED 1,850 per sqft
16 Apr 2023RentedNew contract
AED 54,527/yr11 months · AED 72 per sqft
3 Mar 2023SoldReady
AED 1,200,000AED 1,585 per sqft
17 Apr 2022RentedRenewal
AED 49,715/yr12 months · AED 66 per sqft
17 Apr 2021RentedRenewal
AED 46,250/yr12 months · AED 61 per sqft
17 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
17 Apr 2019RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
17 Apr 2018RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
9th of 41
Parking
B595
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 1.4M · December 2023
Building
Rimal 3

About 907, Rimal 3

907 is a studio of 757 sqft on the 9th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 December 2023 for AED 1,400,000, or AED 1,850 per sqft, in line with the AED 1,850 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 16 April 2023, is AED 54,527 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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 2016: AED 299,000 (AED 395 per sqft)Sold, March 2023: AED 1,200,000 (AED 1,585 per sqft)Sold, December 2023: AED 1,400,000 (AED 1,850 per sqft)

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

Rents
Unit 907, each contractTypical studio in Rimal 3
40K60K80K2012201620202024Typical 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, January 2017: AED 75,000 a yearRenewal, January 2018: AED 72,000 a yearNew contract, April 2018: AED 70,000 a yearRenewal, April 2019: AED 60,000 a yearRenewal, April 2020: AED 50,000 a yearRenewal, April 2021: AED 46,250 a yearRenewal, April 2022: AED 49,715 a yearNew contract, April 2023: AED 54,527 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 907 sits

All 22 studios →

907 last sold in December 2023 at AED 1,850 per sqft, in line with what studios in Rimal 3 were fetching at the time (AED 1,850). 907's AED 54,527 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
17 Nov 20231,600,000
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 9th floor

All 222 units in Rimal 3
Value
9013-bedAED 2.23M · Dec 2017
9023-bedAED 2.3M · Sep 2010
9031-bedAED 1.57M · Dec 2024
904StudioAED 250K · Feb 2010
9051-bedAED 1.75M · Mar 2025
9061-bedAED 449K · Sep 2015
9081-bedAED 1.54M · Jan 2008

907, Rimal 3 in numbers

  • Sold 3 times: first on 8 December 2016 for AED 299,000, last on 14 December 2023 for AED 1,400,000 (AED 1,850 per sqft).
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 46,250 in 2021 and recovered to AED 54,527 by April 2023.
  • At AED 54,527 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 14 December 2023.

Questions about 907, Rimal 3

What did unit 907 last sell for?

AED 1,400,000 on 14 December 2023: AED 1,850 per sqft for 757 sqft. The unit has 3 registered sales; the first was AED 299,000 in December 2016.

What is the rent for unit 907?

AED 54,527 a year on the contract signed on 16 April 2023. The previous contract, from April 2022, was AED 49,715; the unit has been rented since January 2017.

How big is unit 907?

757 sqft (70.3 sqm): a studio on the 9th floor of a 41-storey tower completed in 2007.

What is unit 907 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 907, Rimal 3

Starts from the last sale price (AED 1.4M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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