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3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 12th floor · completed 2007

1202, Rimal 6

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 7 June 2018
Last soldAED 2.15M7 June 2018
Current rentAED 145K /yr15 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Rimal 6

What is 1202 worth today?

Last sold for AED 2,150,000 in 2018

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7 Jun 2018SoldReady
AED 2,150,000AED 1,185 per sqft
15 Jul 2017RentedRenewal
AED 145,000/yr12 months · AED 80 per sqft
15 Jul 2016RentedRenewal
AED 155,000/yr12 months · AED 86 per sqft
15 Jul 2015RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
26 Oct 2013RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
11 Mar 2013Sold by developerReady
AED 699,000AED 385 per sqft

Source: Dubai Land Department. Updated 7 June 2018.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
12th of 37
Parking
M003-4
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 2.15M · June 2018
Building
Rimal 6

About 1202, Rimal 6

1202 is a three-bedroom apartment of 1,813 sqft on the 12th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 June 2018 for AED 2,150,000, or AED 1,185 per sqft, in line with the AED 1,202 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 July 2017, is AED 145,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Rimal 6
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,300,000; 2010 AED 1,627,500; 2011 AED 1,600,000; 2012 AED 2,225,000; 2013 AED 2,265,000; 2014 AED 2,699,000; 2015 AED 2,600,000; 2018 AED 2,112,500; 2019 AED 2,250,000; 2020 AED 1,650,000; 2022 AED 2,050,000; 2023 AED 3,325,000; 2024 AED 3,250,000; 2025 AED 2,985,000Sold by developer, March 2013: AED 699,000 (AED 385 per sqft)Sold, June 2018: AED 2,150,000 (AED 1,185 per sqft)

1202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Rimal 6
150K2012201620202024Typical rent by year: 2012 AED 136,000; 2013 AED 150,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 152,000; 2019 AED 137,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 137,038; 2023 AED 165,000; 2024 AED 186,250; 2025 AED 185,000; 2026 AED 160,000New contract, October 2013: AED 140,000 a yearNew contract, July 2015: AED 155,000 a yearRenewal, July 2016: AED 155,000 a yearRenewal, July 2017: AED 145,000 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 6, and where 1202 sits

All 85 3-beds →

1202 last sold in June 2018 at AED 1,185 per sqft, in line with what three-beds in Rimal 6 were fetching at the time (AED 1,202). Over the last 12 months three-beds sold for AED 2,300,000 to 4,300,000, around AED 1,820 per sqft, and rent for AED 50,000 to 300,000 a year. 1202's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Sep 20262,300,000
12 Apr 20264,300,000
24 Oct 20253,750,000
4 Jun 20252,970,000
2 3-bed sales in the last 12 months

Rimal 6

Building

138 apartments, 1-bed to 4-bed over 37 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,757
Typical sale
AED 2.5M
Typical rent
AED 160K /yr
Typical yield
5.3%
Rimal 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 138 units in Rimal 6
Value
12013-bedAED 699K · Dec 2007
12033-bedAED 1.81M · Nov 2018
12043-bedAED 2.9M · Mar 2009

1202, Rimal 6 in numbers

  • Sold twice: first on 11 March 2013 for AED 699,000, last on 7 June 2018 for AED 2,150,000 (AED 1,185 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 33,200 a year (AED 18.33 per sqft).
  • Three-beds in Rimal 6 sold for AED 2,300,000–4,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,757 per sqft.

Source: Dubai Land Department. Updated 7 June 2018.

Questions about 1202, Rimal 6

What did unit 1202 last sell for?

AED 2,150,000 on 7 June 2018: AED 1,185 per sqft for 1,813 sqft. The unit has 2 registered sales; the first was AED 699,000 in March 2013.

What is the rent for unit 1202?

AED 145,000 a year on the contract renewed on 15 July 2017. The previous contract, from July 2016, was AED 155,000; the unit has been rented since October 2013.

How big is unit 1202?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 12th floor of a 37-storey tower completed in 2007.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 6 sold for AED 2,300,000 to 4,300,000 in the last 12 months, around AED 1,820 per sqft.

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Mortgage on 1202, Rimal 6

Starts from the last sale price (AED 2.15M, 7 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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