3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 7th floor · completed 2007

704, Rimal 6

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 3.35M21 December 2023
Current rentAED 120K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Rimal 6

What is 704 worth today?

Last sold for AED 3,350,000 in 2023

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21 Dec 2023SoldReady
AED 3,350,000AED 1,847 per sqft
5 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
5 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
21 May 2019RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
21 May 2018RentedNew contract
AED 148,000/yr12 months · AED 82 per sqft
22 Jan 2008SoldReady
AED 3,039,215AED 1,675 per sqft
20 Jan 2008SoldReady
AED 2,745,100AED 1,513 per sqft
24 Sep 2007Sold by developerReady
AED 699,000AED 385 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
7th of 37
Parking
M036-7
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 3.35M · December 2023
Building
Rimal 6

About 704, Rimal 6

704 is a three-bedroom apartment of 1,813 sqft on the 7th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 December 2023 for AED 3,350,000, or AED 1,847 per sqft, 6% above the AED 1,747 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 5 November 2021, is AED 120,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 33,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, September 2007: AED 699,000 (AED 385 per sqft)Sold, January 2008: AED 3,039,215 (AED 1,675 per sqft)Sold, January 2008: AED 2,745,100 (AED 1,513 per sqft)Sold, December 2023: AED 3,350,000 (AED 1,847 per sqft)

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

Rents
Unit 704, each contractTypical three-bed in Rimal 6
100K150K2012201620202024Typical 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, May 2018: AED 148,000 a yearRenewal, May 2019: AED 135,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, November 2021: AED 120,000 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 704 sits

All 85 3-beds →

704 last sold in December 2023 at AED 1,847 per sqft, 6% above what three-beds in Rimal 6 were fetching at the time (AED 1,747). 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. 704's AED 120,000 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 7th floor

All 138 units in Rimal 6
Value
7013-bedAED 2.3M · Sep 2026
7023-bedAED 2.48M · Jun 2015
7033-bedAED 2.7M · Oct 2007

704, Rimal 6 in numbers

  • Sold 4 times: first on 24 September 2007 for AED 699,000, last on 21 December 2023 for AED 3,350,000 (AED 1,847 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 148,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.6%, 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 21 December 2023.

Questions about 704, Rimal 6

What did unit 704 last sell for?

AED 3,350,000 on 21 December 2023: AED 1,847 per sqft for 1,813 sqft. The unit has 4 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 704?

AED 120,000 a year on the contract renewed on 5 November 2021. The previous contract, from November 2020, was AED 110,000; the unit has been rented since May 2018.

How big is unit 704?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 7th floor of a 37-storey tower completed in 2007.

What is unit 704 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 704, Rimal 6

Starts from the last sale price (AED 3.35M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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