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3-bed · 1,948 sqftRimal 3, Jumeirah Beach Residence · 6th floor · completed 2007

601, Rimal 3

Sold prices and rental history: sold 3 times, last in July 2016, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 14 July 2016
Last soldAED 2.6M14 July 2016
Current rentAED 160K /yr5 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Rimal 3

What is 601 worth today?

Last sold for AED 2,600,000 in 2016

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14 Jul 2016SoldReady
AED 2,600,000AED 1,334 per sqft
5 Nov 2013RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
6 Aug 2013SoldReady
AED 1,200,000AED 616 per sqft
18 Apr 2013Sold by developerReady
AED 590,000AED 302 per sqft

Source: Dubai Land Department. Updated 14 July 2016.

Key facts

Type
3-bed apartment
Size
1,948 sqft
Floor
6th of 41
Parking
B519-20
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,900 /yr
Last sold
AED 2.6M · July 2016
Building
Rimal 3

About 601, Rimal 3

601 is a three-bedroom apartment of 1,948 sqft on the 6th floor of Rimal 3, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 July 2016 for AED 2,600,000, or AED 1,334 per sqft.

One Ejari contract is registered, from 5 November 2013. The current contract, signed on 5 November 2013, is AED 160,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 34,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in Rimal 3
2M4M2007201220172022Typical sale price by year: 2007 AED 666,800; 2008 AED 699,000; 2009 AED 645,000; 2010 AED 699,000; 2011 AED 2,541,000; 2012 AED 699,000; 2013 AED 1,688,250; 2014 AED 3,250,000; 2016 AED 1,375,000; 2017 AED 2,225,000; 2019 AED 2,550,000; 2021 AED 2,692,750; 2022 AED 2,055,500; 2023 AED 2,500,000; 2025 AED 3,600,000Sold by developer, April 2013: AED 590,000 (AED 302 per sqft)Sold, August 2013: AED 1,200,000 (AED 616 per sqft)Sold, July 2016: AED 2,600,000 (AED 1,334 per sqft)

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

Rents
Unit 601, each contractTypical three-bed in Rimal 3
150K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 160,000; 2014 AED 176,500; 2015 AED 180,000; 2016 AED 178,013; 2017 AED 177,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 132,825; 2023 AED 147,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 184,000New contract, November 2013: AED 160,000 a year

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

3-beds in Rimal 3, and where 601 sits

All 63 3-beds →

601's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Apr 20253,600,000
26 Feb 20254,250,000
7 Jan 202519,000
18 Sep 20242,968,000
0 3-bed 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. 9 sold in the last 12 months.

Typical price per sqft
AED 1,614
Typical sale
AED 2.09M
Typical rent
AED 131K /yr
Typical yield
5.9%
Rimal 3, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 6th floor

All 222 units in Rimal 3
Value
6023-bedAED 664K · Dec 2016
6031-bedAED 1.5M · Apr 2015
604StudioAED 1.23M · May 2025
6051-bedAED 1.35M · May 2021
6061-bedAED 1.36M · Jan 2008
607StudioAED 299K · May 2010
6081-bedAED 225K · Aug 2008

601, Rimal 3 in numbers

  • Sold 3 times: first on 18 April 2013 for AED 590,000, last on 14 July 2016 for AED 2,600,000 (AED 1,334 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 34,900 a year (AED 17.94 per sqft).

Source: Dubai Land Department. Updated 14 July 2016.

Questions about 601, Rimal 3

What did unit 601 last sell for?

AED 2,600,000 on 14 July 2016: AED 1,334 per sqft for 1,948 sqft. The unit has 3 registered sales; the first was AED 590,000 in April 2013.

What is the rent for unit 601?

AED 160,000 a year on the contract signed on 5 November 2013.

How big is unit 601?

1,948 sqft (181.0 sqm): a three-bedroom apartment on the 6th floor of a 41-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.

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Mortgage on 601, Rimal 3

Starts from the last sale price (AED 2.6M, 14 July 2016). 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 →