2-bed · 1,443 sqftRimal 6, Jumeirah Beach Residence · 29th floor · completed 2007

2903, Rimal 6

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 23 September 2020
Last soldAED 2.6M11 July 2013
Current rentAED 100K /yr23 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Rimal 6

What is 2903 worth today?

Last sold for AED 2,600,000 in 2013

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23 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
20 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
3 Jun 2018RentedRenewal
AED 159,557/yr12 months · AED 111 per sqft
4 Dec 2017RentedRenewal
AED 180,973/yr6 months · AED 125 per sqft
4 Dec 2016RentedRenewal
AED 180,000/yr12 months · AED 125 per sqft
3 Dec 2015RentedNew contract
AED 179,517/yr12 months · AED 124 per sqft
20 Nov 2014RentedRenewal
AED 165,500/yr12 months · AED 115 per sqft
20 Nov 2013RentedNew contract
AED 165,500/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 23 September 2020.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
29th of 37
Parking
M063
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,400 /yr
Last sold
AED 2.6M · July 2013
Building
Rimal 6

About 2903, Rimal 6

2903 is a two-bedroom apartment of 1,443 sqft on the 29th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 July 2013 for AED 2,600,000, or AED 1,802 per sqft, 118% above the AED 826 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 September 2020, is AED 100,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 26,400 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, December 2007: AED 599,000 (AED 415 per sqft)Sold, May 2008: AED 2,642,000 (AED 1,831 per sqft)Sold, July 2013: AED 2,600,000 (AED 1,802 per sqft)

2903 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, 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, November 2013: AED 165,500 a yearRenewal, November 2014: AED 165,500 a yearNew contract, December 2015: AED 179,517 a yearRenewal, December 2016: AED 180,000 a yearRenewal, December 2017: AED 180,973 a yearRenewal, June 2018: AED 159,557 a yearNew contract, November 2019: AED 130,000 a yearNew contract, September 2020: AED 100,000 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 2903 sits

All 48 2-beds →

2903 last sold in July 2013 at AED 1,802 per sqft, 118% above what two-beds in Rimal 6 were fetching at the time (AED 826). 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. 2903's AED 100,000 is at the bottom 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 29th floor

All 138 units in Rimal 6
Value
29012-bedAED 599K · Dec 2007
29022-bedAED 599K · Feb 2008
29042-bedAED 2.8M · Aug 2015

2903, Rimal 6 in numbers

  • Sold 3 times: first on 5 December 2007 for AED 599,000, last on 11 July 2013 for AED 2,600,000 (AED 1,802 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 165,500 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 26,400 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 23 September 2020.

Questions about 2903, Rimal 6

What did unit 2903 last sell for?

AED 2,600,000 on 11 July 2013: AED 1,802 per sqft for 1,443 sqft. The unit has 3 registered sales; the first was AED 599,000 in December 2007.

What is the rent for unit 2903?

AED 100,000 a year on the contract signed on 23 September 2020. The previous contract, from November 2019, was AED 130,000; the unit has been rented since November 2013.

How big is unit 2903?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 29th floor of a 37-storey tower completed in 2007.

What is unit 2903 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 2903, Rimal 6

Starts from the last sale price (AED 2.6M, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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