2-bed · 1,470 sqftRimal 3, Jumeirah Beach Residence · 34th floor · completed 2007

3402, Rimal 3

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 550K3 September 2007
Current rentAED 140K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Rimal 3

What is 3402 worth today?

Last sold for AED 550,000 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2022RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
24 May 2021RentedNew contract
AED 83,500/yr12 months · AED 57 per sqft
1 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 88 per sqft
1 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 88 per sqft
1 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
22 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
25 Nov 2015RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
12 Sep 2014RentedRenewal
AED 152,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2022.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
34th of 41
Parking
M435
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,400 /yr
Last sold
AED 550K · September 2007
Building
Rimal 3

About 3402, Rimal 3

3402 is a two-bedroom apartment of 1,470 sqft on the 34th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 3 September 2007 for AED 550,000, or AED 374 per sqft, 22% below the AED 481 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 August 2022, is AED 140,000 a year: a gross yield of 25.4% on the 2007 price, before the service charge of about AED 26,400 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, September 2007: AED 550,000 (AED 374 per sqft)

3402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, each contractTypical two-bed in Rimal 3
100K150K20112015201920232027Typical 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, September 2013: AED 135,000 a yearRenewal, September 2014: AED 152,000 a yearNew contract, November 2015: AED 140,000 a yearNew contract, January 2017: AED 130,000 a yearNew contract, February 2018: AED 130,000 a yearRenewal, February 2019: AED 130,000 a yearRenewal, February 2020: AED 130,000 a yearNew contract, May 2021: AED 83,500 a yearNew contract, August 2022: AED 140,000 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 3402 sits

All 83 2-beds →

3402 last sold in September 2007 at AED 374 per sqft, 22% below 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. 3402's AED 140,000 is in the upper half 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 34th floor

All 222 units in Rimal 3
Value
34012-bedAED 2.45M · Mar 2023
34032-bedAED 599K · Feb 2014
34042-bedAED 3.25M · Sep 2014

3402, Rimal 3 in numbers

  • Sold once: by Dubai Properties on 3 September 2007 for AED 550,000, or AED 374 per sqft.
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 83,500 in 2021 and recovered to AED 140,000 by August 2022.
  • At AED 140,000 a year the gross yield on the 2007 price is 25.4%, before a service charge of about AED 26,400 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 10 August 2022.

Questions about 3402, Rimal 3

What did unit 3402 last sell for?

AED 550,000 on 3 September 2007, sold by the developer: AED 374 per sqft for 1,470 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 140,000 a year on the contract signed on 10 August 2022. The previous contract, from May 2021, was AED 83,500; the unit has been rented since September 2013.

How big is unit 3402?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3402 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.

Selling 3402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3402, Rimal 3

Starts from the last sale price (AED 550K, 3 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →