503, Rimal 3
Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Rimal 3
What is 503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 5th of 41
- Parking
- B471
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,700 /yr
- Last sold
- AED 380K · December 2007
- Building
- Rimal 3
About 503, Rimal 3
503 is a one-bedroom apartment of 929 sqft on the 5th 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 380,000, or AED 409 per sqft, in line with the AED 409 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 7 February 2022, is AED 63,250 a year: a gross yield of 16.6% on the 2007 price, before the service charge of about AED 16,700 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 3, and where 503 sits
All 46 1-beds →503 last sold in December 2007 at AED 409 per sqft, in line with what one-beds in Rimal 3 were fetching at the time (AED 409). 503's AED 63,250 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20253 June 2025 | 27 sqft | 127,000 | 4,645 | ||
| 9 Apr 20259 April 2025 | 1,158 sqft | 2,200,000 | 1,900 | ||
| 5 Mar 20255 March 2025 | 1,158 sqft | 1,750,000 | 1,511 | ||
| 24 Dec 202424 December 2024 | 929 sqft | 1,570,000 | 1,690 |
Rimal 3
Building222 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%
Other units on the 5th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,948 sqft | AED 2.8MAED 2,800,000 · Dec 2013December 2013 | 205,000 /yr | |
| 502 | 3-bed | 1,948 sqft | AED 699KAED 699,000 · May 2012May 2012 | ||
| 504 | Studio | 757 sqft | AED 1.03MAED 1,025,000 · May 2022May 2022 | 83,000 /yr | |
| 505 | 1-bed | 1,158 sqft | AED 1.2MAED 1,200,000 · Aug 2018August 2018 | 90,841 /yr | |
| 506 | 1-bed | 1,158 sqft | AED 950KAED 950,000 · Jul 2020July 2020 | 85,000 /yr | |
| 507 | Studio | 757 sqft | AED 1.05MAED 1,050,000 · Nov 2022November 2022 | 40,000 /yr | |
| 508 | 1-bed | 929 sqft | AED 1.35MAED 1,350,000 · Nov 2022November 2022 | 40,000 /yr |
503, Rimal 3 in numbers
- Sold once: by Dubai Properties on 25 December 2007 for AED 380,000, or AED 409 per sqft.
- Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 55,000 in 2021 and recovered to AED 63,250 by February 2022.
- At AED 63,250 a year the gross yield on the 2007 price is 16.6%, before a service charge of about AED 16,700 a year (AED 17.94 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2022.
Questions about 503, Rimal 3
What did unit 503 last sell for?
AED 380,000 on 25 December 2007, sold by the developer: AED 409 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 63,250 a year on the contract renewed on 7 February 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since June 2014.
How big is unit 503?
929 sqft (86.3 sqm): a one-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 503, Rimal 3
Starts from the last sale price (AED 380K, 25 December 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →