2-bed · 1,405 sqftRimal 1, Jumeirah Beach Residence · 20th floor · completed 2007

2006, Rimal 1

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 1.2M5 August 2020
Current rentAED 125K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Rimal 1

What is 2006 worth today?

Last sold for AED 1,200,000 in 2020

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25 Apr 2023RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
20 Apr 2022RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
1 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
1 Sep 2020RentedNew contract
AED 93,000/yr3 months · AED 66 per sqft
5 Aug 2020SoldReady
AED 1,200,000AED 853 per sqft
1 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
28 Aug 2017RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
20th of 47
Parking
G264
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.2M · August 2020
Building
Rimal 1

About 2006, Rimal 1

2006 is a two-bedroom apartment of 1,405 sqft on the 20th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 August 2020 for AED 1,200,000, or AED 853 per sqft, 7% below the AED 914 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 25 April 2023, is AED 125,000 a year: a gross yield of 10.4% on the 2020 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, each saleTypical two-bed in Rimal 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,250,000; 2010 AED 1,440,000; 2011 AED 1,240,000; 2012 AED 1,375,000; 2013 AED 1,550,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,075,000; 2026 AED 1,950,000Sold by developer, October 2008: AED 787,500 (AED 560 per sqft)Sold, October 2012: AED 1,600,000 (AED 1,138 per sqft)Sold, August 2020: AED 1,200,000 (AED 853 per sqft)

2006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2006, each contractTypical two-bed in Rimal 1
100K2012201620202024Typical rent by year: 2012 AED 109,844; 2013 AED 111,406; 2014 AED 126,500; 2015 AED 132,563; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 114,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 94,938; 2023 AED 120,500; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 126,000New contract, March 2014: AED 135,000 a yearNew contract, August 2015: AED 135,000 a yearRenewal, August 2016: AED 135,000 a yearRenewal, August 2017: AED 135,000 a yearNew contract, September 2018: AED 100,000 a yearRenewal, September 2019: AED 100,000 a yearNew contract, September 2020: AED 93,000 a yearNew contract, April 2021: AED 70,000 a yearNew contract, April 2022: AED 110,000 a yearNew contract, April 2023: AED 125,000 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 1, and where 2006 sits

All 211 2-beds →

2006 last sold in August 2020 at AED 853 per sqft, 7% below what two-beds in Rimal 1 were fetching at the time (AED 914). Over the last 12 months two-beds sold for AED 1,682,377 to 3,150,000, around AED 1,478 per sqft, and rent for AED 70,296 to 280,000 a year. 2006's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,682,377
9 Oct 20261,850,000
29 Sep 20262,250,000
23 Sep 20261,900,000
12 2-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,478 Up 1.4%
Typical sale
AED 2.25M
Typical rent
AED 130K /yr
Typical yield
6.2%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 20th floor

All 310 units in Rimal 1
Value
20012-bedAED 2.63M · May 2008
20022-bedAED 820K · Mar 2009
20032-bedAED 599K · Mar 2009
20042-bedAED 599K · Nov 2012
20052-bedAED 1.9M · Dec 2023
20072-bedAED 599K · Feb 2008
20082-bedAED 1.85M · Oct 2026

2006, Rimal 1 in numbers

  • Sold 3 times: first on 22 October 2008 for AED 787,500, last on 5 August 2020 for AED 1,200,000 (AED 853 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2021 and recovered to AED 125,000 by April 2023.
  • At AED 125,000 a year the gross yield on the 2020 price is 10.4%, before a service charge of about AED 22,100 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 1,682,377–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 25 April 2023.

Questions about 2006, Rimal 1

What did unit 2006 last sell for?

AED 1,200,000 on 5 August 2020: AED 853 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 787,500 in October 2008.

What is the rent for unit 2006?

AED 125,000 a year on the contract signed on 25 April 2023. The previous contract, from April 2022, was AED 110,000; the unit has been rented since March 2014.

How big is unit 2006?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 20th floor of a 47-storey tower completed in 2007.

What is unit 2006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 1,682,377 to 3,150,000 in the last 12 months, around AED 1,478 per sqft.

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Mortgage on 2006, Rimal 1

Starts from the last sale price (AED 1.2M, 5 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →