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3-bed · 1,906 sqftRimal 6, Jumeirah Beach Residence · completed 2007

UP1, Rimal 6

Sold prices and rental history: sold twice, last in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP1 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 2.5M24 April 2024
Current rentAED 168K /yr21 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP1, Rimal 6

What is UP1 worth today?

Last sold for AED 2,500,000 in 2024

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24 Apr 2024SoldReady
AED 2,500,000AED 1,311 per sqft
21 Jul 2019RentedRenewal
AED 168,000/yr5 months · AED 88 per sqft
21 Jan 2019RentedRenewal
AED 168,000/yr6 months · AED 88 per sqft
21 Jul 2018RentedRenewal
AED 168,000/yr6 months · AED 88 per sqft
16 Jul 2008Sold by developerReady
AED 2,590,000AED 1,359 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
3-bed apartment
Size
1,906 sqft
Parking
M013
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,900 /yr
Last sold
AED 2.5M · April 2024
Building
Rimal 6

About UP1, Rimal 6

UP1 is a three-bedroom apartment of 1,906 sqft of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 April 2024 for AED 2,500,000, or AED 1,311 per sqft, 23% below the AED 1,692 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 21 July 2019, is AED 168,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 34,900 a year.

Sales and rents for UP1 over time

Sales
Unit UP1, 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, July 2008: AED 2,590,000 (AED 1,359 per sqft)Sold, April 2024: AED 2,500,000 (AED 1,311 per sqft)

UP1 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP1, 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 160,000Renewal, July 2018: AED 168,000 a yearRenewal, January 2019: AED 168,000 a yearRenewal, July 2019: AED 168,000 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 UP1 sits

All 85 3-beds →

UP1 last sold in April 2024 at AED 1,311 per sqft, 23% below what three-beds in Rimal 6 were fetching at the time (AED 1,692). 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. UP1's AED 168,000 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 →

UP1, Rimal 6 in numbers

  • Sold twice: first on 16 July 2008 for AED 2,590,000, last on 24 April 2024 for AED 2,500,000 (AED 1,311 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 34,900 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 24 April 2024.

Questions about UP1, Rimal 6

What did unit UP1 last sell for?

AED 2,500,000 on 24 April 2024: AED 1,311 per sqft for 1,906 sqft. The unit has 2 registered sales; the first was AED 2,590,000 in July 2008.

What is the rent for unit UP1?

AED 168,000 a year on the contract renewed on 21 July 2019. The previous contract, from January 2019, was AED 168,000; the unit has been rented since July 2018.

How big is unit UP1?

1,906 sqft (177.1 sqm): a three-bedroom apartment of a 37-storey tower completed in 2007.

What is unit UP1 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 UP1, Rimal 6

Starts from the last sale price (AED 2.5M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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