3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 17th floor · completed 2007

1702, Rimal 6

Sold prices and rental history: sold 4 times, last in December 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 6 December 2017
Last soldAED 2.5M6 December 2017
Current rentAED 20K /yr25 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Rimal 6

What is 1702 worth today?

Last sold for AED 2,500,000 in 2017

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6 Dec 2017SoldReady
AED 2,500,000AED 1,378 per sqft
25 Apr 2016RentedNew contract · flagged as an outlier
AED 20,000/yr24 months · AED 11 per sqft
15 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 94 per sqft
15 Jun 2014RentedRenewal
AED 142,000/yr12 months · AED 79 per sqft
15 Jun 2013RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
15 Jun 2012RentedNew contract
AED 135,000/yr12 months · AED 75 per sqft
15 Mar 2012SoldReady
AED 1,980,000AED 1,091 per sqft
16 Jan 2008SoldReady
AED 2,000,000AED 1,102 per sqft

Source: Dubai Land Department. Updated 6 December 2017.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
17th of 37
Parking
M022-3
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 2.5M · December 2017
Building
Rimal 6

About 1702, Rimal 6

1702 is a three-bedroom apartment of 1,813 sqft on the 17th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 December 2017 for AED 2,500,000, or AED 1,378 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 25 April 2016, is AED 20,000 a year: a gross yield of 0.8% on the 2017 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 by developer, November 2007: AED 349,500 (AED 192 per sqft)Sold, January 2008: AED 2,000,000 (AED 1,102 per sqft)Sold, March 2012: AED 1,980,000 (AED 1,091 per sqft)Sold, December 2017: AED 2,500,000 (AED 1,378 per sqft)

1702 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, 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, June 2012: AED 135,000 a yearRenewal, June 2013: AED 135,000 a yearRenewal, June 2014: AED 142,000 a yearNew contract, June 2015: AED 170,000 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 1702 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. 1702's AED 20,000 is at the bottom 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 17th floor

All 138 units in Rimal 6
Value
17013-bedAED 2.3M · Feb 2008
17033-bedAED 3.6M · Oct 2024
17043-bedAED 4.4M · Mar 2009

1702, Rimal 6 in numbers

  • Sold 4 times: first on 21 November 2007 for AED 349,500, last on 6 December 2017 for AED 2,500,000 (AED 1,378 per sqft).
  • Rented since June 2012 on 5 Ejari contracts, from AED 135,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2017 price is 0.8%, 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 6 December 2017.

Questions about 1702, Rimal 6

What did unit 1702 last sell for?

AED 2,500,000 on 6 December 2017: AED 1,378 per sqft for 1,813 sqft. The unit has 4 registered sales; the first was AED 349,500 in November 2007.

What is the rent for unit 1702?

AED 20,000 a year on the contract signed on 25 April 2016. The previous contract, from June 2015, was AED 170,000; the unit has been rented since June 2012.

How big is unit 1702?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 17th floor of a 37-storey tower completed in 2007.

What is unit 1702 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 1702, Rimal 6

Starts from the last sale price (AED 2.5M, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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