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3-bed · 3,146 sqftRimal 3, Jumeirah Beach Residence · completed 2007

UP03, Rimal 3

Sold prices and rental history: sold twice, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP03 · DLD and Ejari recordsUpdated 17 April 2013
Last soldAED 1.42M17 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP03, Rimal 3

What is UP03 worth today?

Last sold for AED 1,416,000 in 2013

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17 Apr 2013SoldReady
AED 1,416,000AED 450 per sqft
22 Sep 2011Sold by developerReady
AED 2,832,000AED 900 per sqft

Source: Dubai Land Department. Updated 17 April 2013.

Key facts

Type
3-bed apartment
Size
3,146 sqft
Parking
0
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,400 /yr
Last sold
AED 1.42M · April 2013
Building
Rimal 3

About UP03, Rimal 3

UP03 is a three-bedroom apartment of 3,146 sqft of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 April 2013 for AED 1,416,000, or AED 450 per sqft, 11% above the AED 404 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for UP03 over time

Sales
Unit UP03, each saleTypical three-bed in Rimal 3
2M4M2007201220172022Typical sale price by year: 2007 AED 666,800; 2008 AED 699,000; 2009 AED 645,000; 2010 AED 699,000; 2011 AED 2,541,000; 2012 AED 699,000; 2013 AED 1,688,250; 2014 AED 3,250,000; 2016 AED 1,375,000; 2017 AED 2,225,000; 2019 AED 2,550,000; 2021 AED 2,692,750; 2022 AED 2,055,500; 2023 AED 2,500,000; 2025 AED 3,600,000Sold by developer, September 2011: AED 2,832,000 (AED 900 per sqft)Sold, April 2013: AED 1,416,000 (AED 450 per sqft)

UP03 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP03, each contractTypical three-bed in Rimal 3
150K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 160,000; 2014 AED 176,500; 2015 AED 180,000; 2016 AED 178,013; 2017 AED 177,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 132,825; 2023 AED 147,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 184,000

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

3-beds in Rimal 3, and where UP03 sits

All 63 3-beds →

UP03 last sold in April 2013 at AED 450 per sqft, 11% above what three-beds in Rimal 3 were fetching at the time (AED 404).

Recent 3-bed salesUnit no.Price (AED)Summary
9 Apr 20253,600,000
26 Feb 20254,250,000
7 Jan 202519,000
18 Sep 20242,968,000
0 3-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 →

UP03, Rimal 3 in numbers

  • Sold twice: first on 22 September 2011 for AED 2,832,000, last on 17 April 2013 for AED 1,416,000 (AED 450 per sqft).

Source: Dubai Land Department. Updated 17 April 2013.

Questions about UP03, Rimal 3

What did unit UP03 last sell for?

AED 1,416,000 on 17 April 2013: AED 450 per sqft for 3,146 sqft. The unit has 2 registered sales; the first was AED 2,832,000 in September 2011.

How big is unit UP03?

3,146 sqft (292.3 sqm): a three-bedroom apartment of a 41-storey tower completed in 2007.

What is unit UP03 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 UP03, Rimal 3

Starts from the last sale price (AED 1.42M, 17 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,416,000
Deposit, UAE resident (20%)
AED 283,200
Deposit, non-resident (40%)
AED 566,400
Monthly over 25 years at 3.7%
AED 5,793

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