Studio · 757 sqftRimal 3, Jumeirah Beach Residence · 7th floor · completed 2007

707, Rimal 3

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 1.28M28 May 2013
Current rentAED 115K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Rimal 3

What is 707 worth today?

Last sold for AED 1,280,000 in 2013

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26 Mar 2025RentedRenewal
AED 115,000/yr12 months · AED 153 per sqft
26 Mar 2024RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
1 May 2022RentedRenewal
AED 62,000/yr12 months · AED 82 per sqft
1 Nov 2020RentedRenewal
AED 57,000/yr12 months · AED 76 per sqft
1 Nov 2019RentedRenewal
AED 63,000/yr12 months · AED 84 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
25 Dec 2017RentedRenewal
AED 76,899/yr12 months · AED 102 per sqft
25 Dec 2016RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2025.

Key facts

Type
Studio apartment
Size
757 sqft
Floor
7th of 41
Parking
B449
Developer
Dubai Properties
Completed
2007
Service charge
AED 13,600 /yr
Last sold
AED 1.28M · May 2013
Building
Rimal 3

About 707, Rimal 3

707 is a studio of 757 sqft on the 7th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 May 2013 for AED 1,280,000, or AED 1,691 per sqft, 36% above the AED 1,242 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 26 March 2025, is AED 115,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 13,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Rimal 3
1M2007201220172022Typical sale price by year: 2007 AED 250,000; 2008 AED 299,000; 2010 AED 250,000; 2012 AED 549,500; 2013 AED 995,000; 2015 AED 600,000; 2022 AED 1,050,000; 2023 AED 1,400,000Sold by developer, February 2013: AED 930,000 (AED 1,229 per sqft)Sold, May 2013: AED 1,280,000 (AED 1,691 per sqft)

707 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Rimal 3
50K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 66,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 57,000; 2021 AED 47,125; 2022 AED 51,258; 2023 AED 55,600; 2024 AED 58,600; 2025 AED 81,500New contract, November 2012: AED 65,000 a yearNew contract, March 2014: AED 90,000 a yearNew contract, May 2015: AED 80,000 a yearRenewal, May 2016: AED 68,571 a yearNew contract, December 2016: AED 80,000 a yearRenewal, December 2017: AED 76,899 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 63,000 a yearRenewal, November 2020: AED 57,000 a yearRenewal, May 2022: AED 62,000 a yearNew contract, March 2024: AED 115,000 a yearRenewal, March 2025: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rimal 3, and where 707 sits

All 22 studios →

707 last sold in May 2013 at AED 1,691 per sqft, 36% above what studios in Rimal 3 were fetching at the time (AED 1,242).

Recent studio salesUnit no.Price (AED)Summary
15 May 20251,230,000
2 Oct 20241,300,000
7 Feb 20241,200,000
14 Dec 20231,400,000
0 studio sales 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 7th floor

All 222 units in Rimal 3
Value
7013-bedAED 925K · Jun 2019
7023-bedAED 3.05M · Jun 2017
7031-bedAED 380K · Oct 2009
704StudioAED 710K · Jan 2008
7051-bedAED 920K · Aug 2010
7061-bedAED 449K · Oct 2007
7081-bedAED 449K · Feb 2010

707, Rimal 3 in numbers

  • Sold twice: first on 4 February 2013 for AED 930,000, last on 28 May 2013 for AED 1,280,000 (AED 1,691 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 57,000 in 2020 and recovered to AED 115,000 by March 2025.
  • At AED 115,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 13,600 a year (AED 17.94 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2025.

Questions about 707, Rimal 3

What did unit 707 last sell for?

AED 1,280,000 on 28 May 2013: AED 1,691 per sqft for 757 sqft. The unit has 2 registered sales; the first was AED 930,000 in February 2013.

What is the rent for unit 707?

AED 115,000 a year on the contract renewed on 26 March 2025. The previous contract, from March 2024, was AED 115,000; the unit has been rented since November 2012.

How big is unit 707?

757 sqft (70.3 sqm): a studio on the 7th floor of a 41-storey tower completed in 2007.

What is unit 707 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 707, Rimal 3

Starts from the last sale price (AED 1.28M, 28 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

Plus AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →