Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 11th floor · completed 2007

1104, Rimal 3

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 1.3M2 October 2024
Current rentAED 90K /yr30 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Rimal 3

What is 1104 worth today?

Last sold for AED 1,300,000 in 2024

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30 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
2 Oct 2024SoldReady
AED 1,300,000AED 1,717 per sqft
10 Mar 2021SoldReady
AED 711,111AED 939 per sqft
10 Aug 2019RentedRenewal
AED 70,000/yr12 months · AED 93 per sqft
10 Aug 2018RentedRenewal
AED 73,500/yr12 months · AED 98 per sqft
10 Aug 2017RentedRenewal
AED 73,500/yr12 months · AED 98 per sqft
11 Feb 2014Sold by developerReady
AED 275,000AED 363 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2025.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
11th of 41
Parking
B598
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 1.3M · October 2024
Building
Rimal 3

About 1104, Rimal 3

1104 is a studio of 757 sqft on the 11th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 October 2024 for AED 1,300,000, or AED 1,717 per sqft, 4% below the AED 1,784 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 30 January 2025, is AED 90,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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, February 2014: AED 275,000 (AED 363 per sqft)Sold, March 2021: AED 711,111 (AED 939 per sqft)Sold, October 2024: AED 1,300,000 (AED 1,717 per sqft)

1104 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1104, each contractTypical studio in Rimal 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 66,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 57,000; 2021 AED 47,125; 2022 AED 51,258; 2023 AED 55,600; 2024 AED 58,600; 2025 AED 81,500Renewal, August 2017: AED 73,500 a yearRenewal, August 2018: AED 73,500 a yearRenewal, August 2019: AED 70,000 a yearNew contract, January 2025: AED 90,000 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 1104 sits

All 22 studios →

1104 last sold in October 2024 at AED 1,717 per sqft, 4% below what studios in Rimal 3 were fetching at the time (AED 1,784).

Recent studio salesUnit no.Price (AED)Summary
15 May 20251,230,000
7 Feb 20241,200,000
14 Dec 20231,400,000
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. 1 sold in the last 12 months.

Typical price per sqft
AED 1,447
Typical sale
AED 2.09M
Typical rent
AED 129K /yr
Typical yield
6.7%
Rimal 3, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 11th floor

All 222 units in Rimal 3
Value
11013-bedAED 1.8M · Feb 2010
11023-bedAED 699K · Aug 2007
11031-bedAED 960K · Feb 2011
11051-bedAED 1.43M · Nov 2017
11061-bedAED 449K · May 2013
1107StudioAED 1.06M · Mar 2013
11081-bedAED 1.5M · Feb 2008

1104, Rimal 3 in numbers

  • Sold 3 times: first on 11 February 2014 for AED 275,000, last on 2 October 2024 for AED 1,300,000 (AED 1,717 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 73,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2025.

Questions about 1104, Rimal 3

What did unit 1104 last sell for?

AED 1,300,000 on 2 October 2024: AED 1,717 per sqft for 757 sqft. The unit has 3 registered sales; the first was AED 275,000 in February 2014.

What is the rent for unit 1104?

AED 90,000 a year on the contract signed on 30 January 2025. The previous contract, from August 2019, was AED 70,000; the unit has been rented since August 2017.

How big is unit 1104?

757 sqft (70.3 sqm): a studio on the 11th floor of a 41-storey tower completed in 2007.

What is unit 1104 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 1104, Rimal 3

Starts from the last sale price (AED 1.3M, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →