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3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 16th floor · completed 2007

1601, Rimal 6

Sold prices and rental history: sold 4 times, last in May 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 18 May 2020
Last soldAED 1.55M18 May 2020
Current rentAED 125K /yr1 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Rimal 6

What is 1601 worth today?

Last sold for AED 1,550,000 in 2020

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18 May 2020SoldReady
AED 1,550,000AED 854 per sqft
15 Dec 2019SoldReady
AED 1,350,000AED 744 per sqft
1 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 69 per sqft
1 Aug 2017RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
1 Aug 2016RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft
15 Jul 2015RentedRenewal
AED 170,000/yr12 months · AED 94 per sqft
15 Jul 2014RentedNew contract
AED 170,000/yr12 months · AED 94 per sqft
1 Jan 2013RentedNew contract
AED 126,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 18 May 2020.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
16th of 37
Parking
B104-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 1.55M · May 2020
Building
Rimal 6

About 1601, Rimal 6

1601 is a three-bedroom apartment of 1,813 sqft on the 16th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 May 2020 for AED 1,550,000, or AED 854 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 October 2018, is AED 125,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in Rimal 6
02M2007201220172022Typical 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, February 2008: AED 1,970,000 (AED 1,086 per sqft)Sold by developer, February 2008: AED 349,500 (AED 192 per sqft)Sold, December 2019: AED 1,350,000 (AED 744 per sqft)Sold, May 2020: AED 1,550,000 (AED 854 per sqft)

1601 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, 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, January 2013: AED 126,000 a yearNew contract, July 2014: AED 170,000 a yearRenewal, July 2015: AED 170,000 a yearNew contract, August 2016: AED 150,000 a yearRenewal, August 2017: AED 150,000 a yearNew contract, October 2018: AED 125,000 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 1601 sits

All 85 3-beds →

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. 1601's AED 125,000 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 16th floor

All 138 units in Rimal 6
Value
16023-bedAED 2M · Jul 2012
16033-bedAED 3.3M · Feb 2023
16043-bedAED 699K · Dec 2008

1601, Rimal 6 in numbers

  • Sold 4 times: first on 3 February 2008 for AED 349,500, last on 18 May 2020 for AED 1,550,000 (AED 854 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 126,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 8.1%, 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 18 May 2020.

Questions about 1601, Rimal 6

What did unit 1601 last sell for?

AED 1,550,000 on 18 May 2020: AED 854 per sqft for 1,813 sqft. The unit has 4 registered sales; the first was AED 349,500 in February 2008.

What is the rent for unit 1601?

AED 125,000 a year on the contract signed on 1 October 2018. The previous contract, from August 2017, was AED 150,000; the unit has been rented since January 2013.

How big is unit 1601?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 16th floor of a 37-storey tower completed in 2007.

What is unit 1601 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 1601, Rimal 6

Starts from the last sale price (AED 1.55M, 18 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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