4-bed · 5,168 sqftRimal 1, Jumeirah Beach Residence · 36th floor · completed 2007

3602, Rimal 1

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 9 September 2017
Last soldAED 5.3M13 February 2017
Current rentAED 250K /yr9 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Rimal 1

What is 3602 worth today?

Last sold for AED 5,300,000 in 2017

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9 Sep 2017RentedNew contract
AED 250,000/yr12 months · AED 48 per sqft
13 Feb 2017SoldReady
AED 5,300,000AED 1,025 per sqft
9 Sep 2016RentedNew contract
AED 250,000/yr12 months · AED 48 per sqft
25 May 2015RentedNew contract
AED 320,000/yr24 months · AED 62 per sqft
26 Feb 2014RentedNew contract
AED 320,462/yr12 months · AED 62 per sqft
14 Apr 2012RentedNew contract
AED 253,300/yr12 months · AED 49 per sqft
7 Feb 2011Sold by developerReady
AED 2,690,000AED 520 per sqft

Source: Dubai Land Department. Updated 9 September 2017.

Key facts

Type
4-bed apartment
Size
5,168 sqft
Floor
36th of 47
Parking
M573/ M574
Developer
Dubai Properties
Completed
2007
Service charge
AED 81,300 /yr
Last sold
AED 5.3M · February 2017
Building
Rimal 1

About 3602, Rimal 1

3602 is a four-bedroom apartment of 5,168 sqft on the 36th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 February 2017 for AED 5,300,000, or AED 1,025 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 9 September 2017, is AED 250,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 81,300 a year.

4-beds in Rimal 1, and where 3602 sits

All 6 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
12 Dec 20248,000,000
25 Jan 20246,095,735
24 Feb 20235,050,000
25 Apr 20228,000,000
0 4-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 36th floor

All 310 units in Rimal 1
Value
36014-bedAED 9.7M · Jun 2021

3602, Rimal 1 in numbers

  • Sold twice: first on 7 February 2011 for AED 2,690,000, last on 13 February 2017 for AED 5,300,000 (AED 1,025 per sqft).
  • Rented since April 2012 on 5 Ejari contracts, from AED 253,300 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2017 price is 4.7%, before a service charge of about AED 81,300 a year (AED 15.73 per sqft).

Source: Dubai Land Department. Updated 9 September 2017.

Questions about 3602, Rimal 1

What did unit 3602 last sell for?

AED 5,300,000 on 13 February 2017: AED 1,025 per sqft for 5,168 sqft. The unit has 2 registered sales; the first was AED 2,690,000 in February 2011.

What is the rent for unit 3602?

AED 250,000 a year on the contract signed on 9 September 2017. The previous contract, from September 2016, was AED 250,000; the unit has been rented since April 2012.

How big is unit 3602?

5,168 sqft (480.1 sqm): a four-bedroom apartment on the 36th floor of a 47-storey tower completed in 2007.

What is unit 3602 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 3602, Rimal 1

Starts from the last sale price (AED 5.3M, 13 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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