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

1203, Rimal 6

Sold prices and rental history: sold twice, last in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 25 November 2018
Last soldAED 1.81M25 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Rimal 6

What is 1203 worth today?

Last sold for AED 1,813,394 in 2018

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25 Nov 2018SoldReady
AED 1,813,394AED 999 per sqft
28 Apr 2008Sold by developerReady
AED 699,000AED 385 per sqft

Source: Dubai Land Department. Updated 25 November 2018.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
12th of 37
Parking
M005-6
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 1.81M · November 2018
Building
Rimal 6

About 1203, Rimal 6

1203 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 25 November 2018 for AED 1,813,394, or AED 999 per sqft, 16% below the AED 1,185 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, April 2008: AED 699,000 (AED 385 per sqft)Sold, November 2018: AED 1,813,394 (AED 999 per sqft)

1203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1203, 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 160,000

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 1203 sits

All 85 3-beds →

1203 last sold in November 2018 at AED 999 per sqft, 16% below what three-beds in Rimal 6 were fetching at the time (AED 1,185). 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.

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
12023-bedAED 2.15M · Jun 2018
12043-bedAED 2.9M · Mar 2009

1203, Rimal 6 in numbers

  • Sold twice: first on 28 April 2008 for AED 699,000, last on 25 November 2018 for AED 1,813,394 (AED 999 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 25 November 2018.

Questions about 1203, Rimal 6

What did unit 1203 last sell for?

AED 1,813,394 on 25 November 2018: AED 999 per sqft for 1,813 sqft. The unit has 2 registered sales; the first was AED 699,000 in April 2008.

How big is unit 1203?

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 1203 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 1203, Rimal 6

Starts from the last sale price (AED 1.81M, 25 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,394
Deposit, UAE resident (20%)
AED 362,679
Deposit, non-resident (40%)
AED 725,358
Monthly over 25 years at 3.7%
AED 7,419

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