601, Rimal 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Rimal 1
What is 601 worth today?
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Source: Dubai Land Department. Updated 31 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,919 sqft
- Floor
- 6th of 47
- Parking
- B491/ B492
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,200 /yr
- Last sold
- AED 2.6M · October 2023
- Building
- Rimal 1
About 601, Rimal 1
601 is a three-bedroom apartment of 1,919 sqft on the 6th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 October 2023 for AED 2,600,000, or AED 1,354 per sqft, 4% above the AED 1,302 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 10 September 2022, is AED 145,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 30,200 a year.
Sales and rents for 601 over time
601 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rimal 1, and where 601 sits
All 60 3-beds →601 last sold in October 2023 at AED 1,354 per sqft, 4% above what three-beds in Rimal 1 were fetching at the time (AED 1,302). Over the last 12 months three-beds sold for AED 2,619,378 to 3,100,000, around AED 1,406 per sqft, and rent for AED 123,347 to 280,000 a year. 601's AED 145,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,919 sqft | 2,650,000 | 1,380 | ||
| 18 Aug 202618 August 2026 | 1,919 sqft | 2,700,000 | 1,406 | ||
| 9 Mar 20269 March 2026 | 1,919 sqft | 3,100,000 | 1,615 | ||
| 22 Dec 202522 December 2025 | 1,919 sqft | 2,619,378 | 1,364 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,449 Down 0.6%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.4%
Other units on the 6th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 3-bed | 1,919 sqft | AED 2.3MAED 2,300,000 · Apr 2008April 2008 | 280,000 /yr | |
| 603 | 1-bed | 1,105 sqft | AED 1.65MAED 1,650,000 · Oct 2024October 2024 | 62,100 /yr | |
| 604 | 1-bed | 1,105 sqft | AED 800KAED 800,000 · Dec 2020December 2020 | 71,500 /yr | |
| 605 | 1-bed | 1,105 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 63,250 /yr | |
| 606 | 1-bed | 1,105 sqft | AED 1.28MAED 1,275,000 · May 2013May 2013 | 107,680 /yr | |
| 607 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Feb 2008February 2008 | 170,000 /yr | |
| 608 | 3-bed | 1,919 sqft | AED 2.43MAED 2,430,000 · Aug 2017August 2017 | 350,000 /yr |
601, Rimal 1 in numbers
- Sold twice: first on 20 May 2008 for AED 699,000, last on 31 October 2023 for AED 2,600,000 (AED 1,354 per sqft).
- Rented since January 2012 on 11 Ejari contracts. The rent fell from AED 112,000 to AED 90,000 in 2021 and recovered to AED 145,000 by September 2022.
- At AED 145,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
- Three-beds in Rimal 1 sold for AED 2,619,378–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.
Source: Dubai Land Department. Updated 31 October 2023.
Questions about 601, Rimal 1
What did unit 601 last sell for?
AED 2,600,000 on 31 October 2023: AED 1,354 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 699,000 in May 2008.
What is the rent for unit 601?
AED 145,000 a year on the contract signed on 10 September 2022. The previous contract, from April 2022, was AED 103,500; the unit has been rented since January 2012.
How big is unit 601?
1,919 sqft (178.3 sqm): a three-bedroom apartment on the 6th floor of a 47-storey tower completed in 2007.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 3,100,000 in the last 12 months, around AED 1,406 per sqft.
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Mortgage on 601, Rimal 1
Starts from the last sale price (AED 2.6M, 31 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →