L05, Rimal 6
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L05, Rimal 6
What is L05 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,957 sqft
- Floor
- 36th of 37
- Parking
- nan
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 35,900 /yr
- Last sold
- AED 1.46M · July 2008
- Building
- Rimal 6
About L05, Rimal 6
L05 is a one-bedroom apartment of 1,957 sqft on the 36th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 July 2008 for AED 1,460,000, or AED 746 per sqft, in line with the AED 733 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 3 September 2021, is AED 175,000 a year: a gross yield of 12.0% on the 2008 price, before the service charge of about AED 35,900 a year.
Sales and rents for L05 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 6, and where L05 sits
All 5 1-beds →L05 last sold in July 2008 at AED 746 per sqft, in line with what one-beds in Rimal 6 were fetching at the time (AED 733).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jan 201526 January 2015 | 1,973 sqft | 2,975,000 | 1,508 | ||
| 28 Jun 201128 June 2011 | 1,973 sqft | 1,600,000 | 811 | ||
| 17 Aug 200817 August 2008 | 1,394 sqft | 2,700,000 | 1,936 | ||
| 28 Jul 200828 July 2008 | 2,046 sqft | 1,500,000 | 733 |
Rimal 6
Building138 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%
Other units on the 36th floor
All 138 units in Rimal 6L05, Rimal 6 in numbers
- Sold once: by Dubai Properties on 28 July 2008 for AED 1,460,000, or AED 746 per sqft.
- Rented since November 2013 on 7 Ejari contracts, from AED 195,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2008 price is 12.0%, before a service charge of about AED 35,900 a year (AED 18.33 per sqft).
Source: Dubai Land Department. Updated 3 September 2021.
Questions about L05, Rimal 6
What did unit L05 last sell for?
AED 1,460,000 on 28 July 2008, sold by the developer: AED 746 per sqft for 1,957 sqft. It is the only registered sale of the unit.
What is the rent for unit L05?
AED 175,000 a year on the contract renewed on 3 September 2021. The previous contract, from September 2020, was AED 160,000; the unit has been rented since November 2013.
How big is unit L05?
1,957 sqft (181.8 sqm): a one-bedroom apartment on the 36th floor of a 37-storey tower completed in 2007.
What is unit L05 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling L05? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on L05, Rimal 6
Starts from the last sale price (AED 1.46M, 28 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →