3-bed · 2,029 sqftRimal 6, Jumeirah Beach Residence · 23rd floor · completed 2007

2304, Rimal 6

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

Unit 2304 · DLD and Ejari recordsUpdated 9 July 2020
Last soldAED 1.85M9 July 2020
Current rentAED 137K /yr21 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Rimal 6

What is 2304 worth today?

Last sold for AED 1,850,000 in 2020

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9 Jul 2020SoldReady
AED 1,850,000AED 911 per sqft
21 May 2019RentedNew contract
AED 137,000/yr12 months · AED 67 per sqft
20 May 2018RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft
15 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 84 per sqft
14 Jan 2015RentedNew contract
AED 160,099/yr12 months · AED 79 per sqft
15 Jan 2014RentedNew contract
AED 161,700/yr12 months · AED 79 per sqft
15 Jan 2013RentedNew contract
AED 147,000/yr12 months · AED 72 per sqft
31 Oct 2012SoldReady
AED 3,100,000AED 1,527 per sqft

Source: Dubai Land Department. Updated 9 July 2020.

Key facts

Type
3-bed apartment
Size
2,029 sqft
Floor
23rd of 37
Parking
G008-9
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 1.85M · July 2020
Building
Rimal 6

About 2304, Rimal 6

2304 is a three-bedroom apartment of 2,029 sqft on the 23rd floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 July 2020 for AED 1,850,000, or AED 911 per sqft, 3% above the AED 883 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 21 May 2019, is AED 137,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 37,200 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, May 2008: AED 699,000 (AED 344 per sqft)Sold, November 2011: AED 2,825,000 (AED 1,392 per sqft)Sold, October 2012: AED 3,100,000 (AED 1,527 per sqft)Sold, July 2020: AED 1,850,000 (AED 911 per sqft)

2304 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, 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 147,000 a yearNew contract, January 2014: AED 161,700 a yearNew contract, January 2015: AED 160,099 a yearNew contract, November 2016: AED 170,000 a yearNew contract, May 2018: AED 150,000 a yearNew contract, May 2019: AED 137,000 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 2304 sits

All 85 3-beds →

2304 last sold in July 2020 at AED 911 per sqft, 3% above what three-beds in Rimal 6 were fetching at the time (AED 883). 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. 2304's AED 137,000 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 23rd floor

All 138 units in Rimal 6
Value
23012-bedAED 1.55M · Jun 2009
23022-bedAED 2.5M · Jun 2026
23033-bedAED 699K · Jun 2008

2304, Rimal 6 in numbers

  • Sold 4 times: first on 7 May 2008 for AED 699,000, last on 9 July 2020 for AED 1,850,000 (AED 911 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 147,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 37,200 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 9 July 2020.

Questions about 2304, Rimal 6

What did unit 2304 last sell for?

AED 1,850,000 on 9 July 2020: AED 911 per sqft for 2,029 sqft. The unit has 4 registered sales; the first was AED 699,000 in May 2008.

What is the rent for unit 2304?

AED 137,000 a year on the contract signed on 21 May 2019. The previous contract, from May 2018, was AED 150,000; the unit has been rented since January 2013.

How big is unit 2304?

2,029 sqft (188.5 sqm): a three-bedroom apartment on the 23rd floor of a 37-storey tower completed in 2007.

What is unit 2304 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 2304, Rimal 6

Starts from the last sale price (AED 1.85M, 9 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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