708, Rimal 3
Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Rimal 3
What is 708 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 7th of 41
- Parking
- B501
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 16,700 /yr
- Last sold
- AED 449K · February 2010
- Building
- Rimal 3
About 708, Rimal 3
708 is a one-bedroom apartment of 929 sqft on the 7th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 February 2010 for AED 449,000, or AED 483 per sqft, 58% below the AED 1,141 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 75,000 a year: a gross yield of 16.7% on the 2010 price, before the service charge of about AED 16,700 a year.
Sales and rents for 708 over time
708 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 708 sits
All 46 1-beds →708 last sold in February 2010 at AED 483 per sqft, 58% below what one-beds in Rimal 3 were fetching at the time (AED 1,141). 708's AED 75,000 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 7th floor
All 222 units in Rimal 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,948 sqft | AED 925KAED 925,000 · Jun 2019June 2019 | ||
| 702 | 3-bed | 1,948 sqft | AED 3.05MAED 3,050,000 · Jun 2017June 2017 | 190,000 /yr | |
| 703 | 1-bed | 929 sqft | AED 380KAED 380,000 · Oct 2009October 2009 | 50,000 /yr | |
| 704 | Studio | 757 sqft | AED 710KAED 709,500 · Jan 2008January 2008 | 52,800 /yr | |
| 705 | 1-bed | 1,158 sqft | AED 920KAED 920,000 · Aug 2010August 2010 | ||
| 706 | 1-bed | 1,158 sqft | AED 449KAED 449,000 · Oct 2007October 2007 | 102,850 /yr | |
| 707 | Studio | 757 sqft | AED 1.28MAED 1,280,000 · May 2013May 2013 | 115,000 /yr |
708, Rimal 3 in numbers
- Sold once: by Dubai Properties on 17 February 2010 for AED 449,000, or AED 483 per sqft.
- Rented since June 2015 on 11 Ejari contracts. The rent fell from AED 93,500 to AED 58,000 in 2021 and recovered to AED 75,000 by June 2024.
- At AED 75,000 a year the gross yield on the 2010 price is 16.7%, 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 10 June 2024.
Questions about 708, Rimal 3
What did unit 708 last sell for?
AED 449,000 on 17 February 2010, sold by the developer: AED 483 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 75,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 69,300; the unit has been rented since June 2015.
How big is unit 708?
929 sqft (86.3 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 708 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 708, Rimal 3
Starts from the last sale price (AED 449K, 17 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 449,000
- Deposit, UAE resident (20%)
- AED 89,800
- Deposit, non-resident (40%)
- AED 179,600
- Monthly over 25 years at 3.7%
- AED 1,837
Plus AED 21,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →