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2-bed · 1,422 sqftRimal 6, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Rimal 6

Sold prices and rental history: sold once, by the developer in January 2014, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 8 January 2014
Last soldAED 599K8 January 2014
Current rentAED 165K /yr7 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, Rimal 6

What is 2702 worth today?

Last sold for AED 599,000 in 2014

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8 Jan 2014Sold by developerReady
AED 599,000AED 421 per sqft
7 May 2013RentedNew contract
AED 165,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 8 January 2014.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
27th of 37
Parking
M066
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,100 /yr
Last sold
AED 599K · January 2014
Building
Rimal 6

About 2702, Rimal 6

2702 is a two-bedroom apartment of 1,422 sqft on the 27th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 8 January 2014 for AED 599,000, or AED 421 per sqft, 37% below the AED 667 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2013. The current contract, signed on 7 May 2013, is AED 165,000 a year: a gross yield of 27.6% on the 2014 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical two-bed in Rimal 6
2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 659,500; 2010 AED 599,000; 2011 AED 946,250; 2012 AED 1,237,500; 2013 AED 1,300,000; 2014 AED 2,825,000; 2015 AED 2,325,000; 2018 AED 2,100,000; 2020 AED 1,350,000; 2022 AED 2,075,000; 2023 AED 2,000,000; 2024 AED 2,600,000; 2026 AED 2,500,000Sold by developer, January 2014: AED 599,000 (AED 421 per sqft)

2702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, each contractTypical two-bed in Rimal 6
100K150K2012201620202024Typical rent by year: 2012 AED 107,000; 2013 AED 120,750; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 137,500; 2017 AED 131,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 94,750; 2023 AED 125,000; 2024 AED 138,563; 2025 AED 145,000; 2026 AED 142,000New contract, May 2013: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 6, and where 2702 sits

All 48 2-beds →

2702 last sold in January 2014 at AED 421 per sqft, 37% below what two-beds in Rimal 6 were fetching at the time (AED 667). Over the last 12 months two-beds sold for AED 2,090,000 to 2,600,000, around AED 1,757 per sqft, and rent for AED 115,000 to 280,000 a year. 2702's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20262,090,000
3 Jul 20262,600,000
10 Jun 20262,500,000
29 Nov 20243,800,000
3 2-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 27th floor

All 138 units in Rimal 6
Value
27012-bedAED 1.95M · Aug 2022
27033-bedAED 3.83M · Dec 2007
27043-bedAED 350K · Jan 2008

2702, Rimal 6 in numbers

  • Sold once: by Dubai Properties on 8 January 2014 for AED 599,000, or AED 421 per sqft.
  • Rented since May 2013 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2014 price is 27.6%, before a service charge of about AED 26,100 a year (AED 18.33 per sqft).
  • Two-beds in Rimal 6 sold for AED 2,090,000–2,600,000 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 8 January 2014.

Questions about 2702, Rimal 6

What did unit 2702 last sell for?

AED 599,000 on 8 January 2014, sold by the developer: AED 421 per sqft for 1,422 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 165,000 a year on the contract signed on 7 May 2013.

How big is unit 2702?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 27th floor of a 37-storey tower completed in 2007.

What is unit 2702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 6 sold for AED 2,090,000 to 2,600,000 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 2702, Rimal 6

Starts from the last sale price (AED 599K, 8 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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