2-bed · 1,444 sqftRimal 3, Jumeirah Beach Residence · 22nd floor · completed 2007

2204, Rimal 3

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 900K25 December 2007
Current rentAED 110K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Rimal 3

What is 2204 worth today?

Last sold for AED 900,000 in 2007

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1 Apr 2024RentedRenewal
AED 110,250/yr12 months · AED 76 per sqft
1 Apr 2022RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
27 Dec 2021RentedRenewal
AED 75,000/yr3 months · AED 52 per sqft
27 Jun 2021RentedRenewal
AED 75,000/yr6 months · AED 52 per sqft
27 Jun 2020RentedRenewal
AED 85,000/yr12 months · AED 59 per sqft
22 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
5 Nov 2016RentedRenewal
AED 117,500/yr12 months · AED 81 per sqft
5 Nov 2015RentedRenewal
AED 135,000/yr12 months · AED 94 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Floor
22nd of 41
Parking
M489
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 900K · December 2007
Building
Rimal 3

About 2204, Rimal 3

2204 is a two-bedroom apartment of 1,444 sqft on the 22nd floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 December 2007 for AED 900,000, or AED 623 per sqft, 30% above the AED 481 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 110,250 a year: a gross yield of 12.3% on the 2007 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, December 2007: AED 900,000 (AED 623 per sqft)

2204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2204, each contractTypical two-bed in Rimal 3
100K20112015201920232027Typical 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, June 2012: AED 85,924 a yearRenewal, May 2013: AED 90,000 a yearNew contract, November 2014: AED 135,000 a yearRenewal, November 2015: AED 135,000 a yearRenewal, November 2016: AED 117,500 a yearNew contract, July 2017: AED 120,000 a yearRenewal, June 2020: AED 85,000 a yearRenewal, June 2021: AED 75,000 a yearRenewal, December 2021: AED 75,000 a yearNew contract, April 2022: AED 100,000 a yearRenewal, April 2024: AED 110,250 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 2204 sits

All 83 2-beds →

2204 last sold in December 2007 at AED 623 per sqft, 30% above what two-beds in Rimal 3 were fetching at the time (AED 481). 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. 2204's AED 110,250 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 22nd floor

All 222 units in Rimal 3
Value
22013-bedAED 1.75M · Jan 2022
22023-bedAED 19K · Jan 2025
22032-bedAED 1.35M · May 2021
22052-bedAED 2.3M · Mar 2023
22062-bedAED 599K · Dec 2007

2204, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 25 December 2007 for AED 900,000, or AED 623 per sqft.
  • Rented since June 2012 on 11 Ejari contracts. The rent fell from AED 85,924 to AED 75,000 in 2021 and recovered to AED 110,250 by April 2024.
  • At AED 110,250 a year the gross yield on the 2007 price is 12.3%, 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 1 April 2024.

Questions about 2204, Rimal 3

What did unit 2204 last sell for?

AED 900,000 on 25 December 2007, sold by the developer: AED 623 per sqft for 1,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 110,250 a year on the contract renewed on 1 April 2024. The previous contract, from April 2022, was AED 100,000; the unit has been rented since June 2012.

How big is unit 2204?

1,444 sqft (134.2 sqm): a two-bedroom apartment on the 22nd floor of a 41-storey tower completed in 2007.

What is unit 2204 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 2204, Rimal 3

Starts from the last sale price (AED 900K, 25 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →