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2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 12th floor · completed 2007

1205, Rimal 3

Sold prices and rental history: sold twice, last in March 2011, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 4 February 2014
Last soldAED 1.63M23 March 2011
Current rentAED 100K /yr4 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Rimal 3

What is 1205 worth today?

Last sold for AED 1,630,000 in 2011

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4 Feb 2014RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
23 Mar 2011SoldReady
AED 1,630,000AED 1,128 per sqft
4 May 2010Sold by developerReady
AED 569,000AED 394 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2014.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
12th of 41
Parking
M436
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.63M · March 2011
Building
Rimal 3

About 1205, Rimal 3

1205 is a two-bedroom apartment of 1,444 sqft on the 12th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 March 2011 for AED 1,630,000, or AED 1,128 per sqft, 13% above the AED 997 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 February 2014. The current contract, signed on 4 February 2014, is AED 100,000 a year: a gross yield of 6.1% on the 2011 price, before the service charge of about AED 25,900 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical two-bed in Rimal 3
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 756,250; 2009 AED 1,525,000; 2010 AED 1,150,000; 2011 AED 1,450,000; 2012 AED 975,000; 2013 AED 1,735,000; 2014 AED 2,600,000; 2015 AED 1,637,500; 2016 AED 2,050,000; 2018 AED 1,930,000; 2020 AED 1,600,000; 2021 AED 1,350,000; 2022 AED 1,737,500; 2023 AED 2,300,000; 2024 AED 2,100,000; 2025 AED 2,305,000Sold by developer, May 2010: AED 569,000 (AED 394 per sqft)Sold, March 2011: AED 1,630,000 (AED 1,128 per sqft)

1205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, each contractTypical two-bed in Rimal 3
75K100K125K20112015201920232027Typical rent by year: 2011 AED 90,000; 2012 AED 95,000; 2013 AED 104,859; 2014 AED 126,000; 2015 AED 130,362; 2016 AED 130,000; 2017 AED 126,169; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 80,250; 2022 AED 93,500; 2023 AED 100,875; 2024 AED 122,875; 2025 AED 132,000; 2026 AED 120,000New contract, February 2014: AED 100,000 a year

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 1205 sits

All 83 2-beds →

1205 last sold in March 2011 at AED 1,128 per sqft, 13% above what two-beds in Rimal 3 were fetching at the time (AED 997). Over the last 12 months two-beds sold for AED 2,090,000, around AED 1,447 per sqft, and rent for AED 115,500 to 150,000 a year. 1205's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20252,090,000
23 Jun 20252,260,000
26 May 20253,120,000
2 Apr 20252,350,000
1 2-bed sale 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 12th floor

All 222 units in Rimal 3
Value
12013-bedAED 645K · Nov 2007
12023-bedAED 699K · Aug 2013
12032-bedAED 2M · Nov 2024
12042-bedAED 275K · Nov 2008
12062-bedAED 2.55M · May 2014

1205, Rimal 3 in numbers

  • Sold twice: first on 4 May 2010 for AED 569,000, last on 23 March 2011 for AED 1,630,000 (AED 1,128 per sqft).
  • Rented since February 2014 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 6.1%, before a service charge of about AED 25,900 a year (AED 17.94 per sqft).
  • Two-beds in Rimal 3 sold for AED 2,090,000–2,090,000 in the 12 months to November 2026; the building's median across all types is AED 1,447 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2014.

Questions about 1205, Rimal 3

What did unit 1205 last sell for?

AED 1,630,000 on 23 March 2011: AED 1,128 per sqft for 1,444 sqft. The unit has 2 registered sales; the first was AED 569,000 in May 2010.

What is the rent for unit 1205?

AED 100,000 a year on the contract signed on 4 February 2014.

How big is unit 1205?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 12th floor of a 41-storey tower completed in 2007.

What is unit 1205 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 2,090,000 to 2,090,000 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 1205, Rimal 3

Starts from the last sale price (AED 1.63M, 23 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

Plus AED 73,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →