2-bed · 1,243 sqftRimal 3, Jumeirah Beach Residence · 31st floor · completed 2007

3106, Rimal 3

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3106 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 2.4M16 May 2023
Current rentAED 190K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3106, Rimal 3

What is 3106 worth today?

Last sold for AED 2,400,000 in 2023

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26 Sep 2024RentedNew contract
AED 190,000/yr12 months · AED 153 per sqft
16 May 2023SoldReady
AED 2,400,000AED 1,930 per sqft
6 May 2018SoldReady
AED 1,930,000AED 1,552 per sqft
15 Nov 2016RentedNew contract
AED 126,500/yr12 months · AED 102 per sqft
15 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 81 per sqft
16 Aug 2007Sold by developerReady
AED 571,300AED 459 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2024.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
31st of 41
Parking
G371
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.4M · May 2023
Building
Rimal 3

About 3106, Rimal 3

3106 is a two-bedroom apartment of 1,243 sqft on the 31st floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 May 2023 for AED 2,400,000, or AED 1,930 per sqft, 18% above the AED 1,630 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 26 September 2024, is AED 190,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 22,300 a year.

Sales and rents for 3106 over time

Sales
Unit 3106, 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, August 2007: AED 571,300 (AED 459 per sqft)Sold, May 2018: AED 1,930,000 (AED 1,552 per sqft)Sold, May 2023: AED 2,400,000 (AED 1,930 per sqft)

3106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3106, each contractTypical two-bed in Rimal 3
100K150K200K20112015201920232027Typical 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, November 2013: AED 100,000 a yearNew contract, November 2016: AED 126,500 a yearNew contract, September 2024: AED 190,000 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 3106 sits

All 83 2-beds →

3106 last sold in May 2023 at AED 1,930 per sqft, 18% above what two-beds in Rimal 3 were fetching at the time (AED 1,630). 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. 3106's AED 190,000 is at the top 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 31st floor

All 222 units in Rimal 3
Value
31013-bedAED 323K · Mar 2008
31023-bedAED 667K · Nov 2007
31032-bedAED 982K · Feb 2008
31042-bedAED 550K · Jan 2008
31052-bedAED 599K · Aug 2007

3106, Rimal 3 in numbers

  • Sold 3 times: first on 16 August 2007 for AED 571,300, last on 16 May 2023 for AED 2,400,000 (AED 1,930 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 100,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 22,300 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 26 September 2024.

Questions about 3106, Rimal 3

What did unit 3106 last sell for?

AED 2,400,000 on 16 May 2023: AED 1,930 per sqft for 1,243 sqft. The unit has 3 registered sales; the first was AED 571,300 in August 2007.

What is the rent for unit 3106?

AED 190,000 a year on the contract signed on 26 September 2024. The previous contract, from November 2016, was AED 126,500; the unit has been rented since November 2013.

How big is unit 3106?

1,243 sqft (115.5 sqm): a two-bedroom apartment on the 31st floor of a 41-storey tower completed in 2007.

What is unit 3106 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 3106, Rimal 3

Starts from the last sale price (AED 2.4M, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →