2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 16th floor · completed 2007

1605, Rimal 3

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 599K18 November 2013
Current rentAED 100K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Rimal 3

What is 1605 worth today?

Last sold for AED 599,000 in 2013

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15 Sep 2023RentedRenewal
AED 100,000/yr24 months · AED 69 per sqft
15 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 59 per sqft
15 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
14 Feb 2019RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
14 Feb 2018RentedRenewal
AED 130,000/yr12 months · AED 90 per sqft
14 Feb 2017RentedRenewal
AED 130,000/yr12 months · AED 90 per sqft
14 Feb 2016RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
18 Nov 2013Sold by developerReady
AED 599,000AED 414 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
16th of 41
Parking
M442
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 599K · November 2013
Building
Rimal 3

About 1605, Rimal 3

1605 is a two-bedroom apartment of 1,444 sqft on the 16th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 18 November 2013 for AED 599,000, or AED 414 per sqft, 70% below the AED 1,395 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 100,000 a year: a gross yield of 16.7% on the 2013 price, before the service charge of about AED 25,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, November 2013: AED 599,000 (AED 414 per sqft)

1605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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 2016: AED 130,000 a yearRenewal, February 2017: AED 130,000 a yearRenewal, February 2018: AED 130,000 a yearRenewal, February 2019: AED 125,000 a yearRenewal, September 2021: AED 80,000 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: 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 1605 sits

All 83 2-beds →

1605 last sold in November 2013 at AED 414 per sqft, 70% below what two-beds in Rimal 3 were fetching at the time (AED 1,395). 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. 1605'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 16th floor

All 222 units in Rimal 3
Value
16013-bedAED 699K · Sep 2007
16023-bedAED 3.6M · Mar 2014
16032-bedAED 1.1M · Nov 2019
16042-bedAED 3.12M · May 2025
16062-bedAED 2.25M · Feb 2016

1605, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 18 November 2013 for AED 599,000, or AED 414 per sqft.
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 100,000 by September 2023.
  • At AED 100,000 a year the gross yield on the 2013 price is 16.7%, 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 15 September 2023.

Questions about 1605, Rimal 3

What did unit 1605 last sell for?

AED 599,000 on 18 November 2013, sold by the developer: AED 414 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 100,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 85,000; the unit has been rented since February 2016.

How big is unit 1605?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 16th floor of a 41-storey tower completed in 2007.

What is unit 1605 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 1605, Rimal 3

Starts from the last sale price (AED 599K, 18 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →