L03, Rimal 3
Sold prices and rental history: sold twice, last in August 2009, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L03, Rimal 3
What is L03 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,139 sqft
- Floor
- Ground of 41
- Parking
- G271
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 38,400 /yr
- Last sold
- AED 3.15M · August 2009
- Building
- Rimal 3
About L03, Rimal 3
L03 is a two-bedroom apartment of 2,139 sqft on the ground floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 August 2009 for AED 3,150,000, or AED 1,472 per sqft, 87% above the AED 789 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 16 January 2026, is AED 51,000 a year: a gross yield of 1.6% on the 2009 price, before the service charge of about AED 38,400 a year.
Sales and rents for L03 over time
L03 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Rimal 3, and where L03 sits
All 85 2-beds →L03 last sold in August 2009 at AED 1,472 per sqft, 87% above what two-beds in Rimal 3 were fetching at the time (AED 789). Over the last 12 months two-beds sold for AED 1,775,000 to 2,750,000, around AED 1,558 per sqft, and rent for AED 62,150 to 189,000 a year. L03's AED 51,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,243 sqft | 1,775,000 | 1,427 | ||
| 5 Oct 20265 October 2026 | 1,444 sqft | 2,750,000 | 1,904 | ||
| 9 Jun 20269 June 2026 | 1,444 sqft | 2,250,000 | 1,558 | ||
| 18 Mar 202618 March 2026 | 1,243 sqft | 2,150,000 | 1,729 |
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 ground floor
All 222 units in Rimal 3L03, Rimal 3 in numbers
- Sold twice: first on 26 June 2008 for AED 1,575,000, last on 12 August 2009 for AED 3,150,000 (AED 1,472 per sqft).
- Rented since January 2024 on 4 Ejari contracts, at AED 51,000 a year.
- At AED 51,000 a year the gross yield on the 2009 price is 1.6%, before a service charge of about AED 38,400 a year (AED 17.94 per sqft).
- Two-beds in Rimal 3 sold for AED 1,775,000–2,750,000 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 16 January 2026.
Questions about L03, Rimal 3
What did unit L03 last sell for?
AED 3,150,000 on 12 August 2009: AED 1,472 per sqft for 2,139 sqft. The unit has 2 registered sales; the first was AED 1,575,000 in June 2008.
What is the rent for unit L03?
AED 51,000 a year on the contract renewed on 16 January 2026. The previous contract, from January 2025, was AED 51,000; the unit has been rented since January 2024.
How big is unit L03?
2,139 sqft (198.7 sqm): a two-bedroom apartment on the ground floor of a 41-storey tower completed in 2007.
What is unit L03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 3 sold for AED 1,775,000 to 2,750,000 in the last 12 months, around AED 1,558 per sqft.
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Mortgage on L03, Rimal 3
Starts from the last sale price (AED 3.15M, 12 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →