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

UP2, Rimal 6

Sold prices and rental history: sold 4 times, last in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP2 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 2.35M30 June 2013
Current rentAED 100K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP2, Rimal 6

What is UP2 worth today?

Last sold for AED 2,350,000 in 2013

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1 Aug 2020RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
1 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 76 per sqft
1 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft
1 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft
1 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
30 Jun 2013SoldReady
AED 2,350,000AED 1,233 per sqft
25 Nov 2010SoldReady
AED 1,725,000AED 905 per sqft
7 Mar 2010SoldReady
AED 1,951,845AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
3-bed apartment
Size
1,906 sqft
Parking
M247
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,900 /yr
Last sold
AED 2.35M · June 2013
Building
Rimal 6

About UP2, Rimal 6

UP2 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 30 June 2013 for AED 2,350,000, or AED 1,233 per sqft, 12% above the AED 1,102 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 100,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 34,900 a year.

Sales and rents for UP2 over time

Sales
Unit UP2, 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, February 2010: AED 1,951,845 (AED 1,024 per sqft)Sold, March 2010: AED 1,951,845 (AED 1,024 per sqft)Sold, November 2010: AED 1,725,000 (AED 905 per sqft)Sold, June 2013: AED 2,350,000 (AED 1,233 per sqft)

UP2 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP2, each contractTypical three-bed in Rimal 6
100K150K200K2012201620202024Typical 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, August 2016: AED 160,000 a yearRenewal, August 2017: AED 160,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2019: AED 145,000 a yearRenewal, August 2020: AED 100,000 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 UP2 sits

All 85 3-beds →

UP2 last sold in June 2013 at AED 1,233 per sqft, 12% above what three-beds in Rimal 6 were fetching at the time (AED 1,102). 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. UP2's AED 100,000 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 →

UP2, Rimal 6 in numbers

  • Sold 4 times: first on 28 February 2010 for AED 1,951,845, last on 30 June 2013 for AED 2,350,000 (AED 1,233 per sqft).
  • Rented since August 2016 on 5 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 4.3%, 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 1 August 2020.

Questions about UP2, Rimal 6

What did unit UP2 last sell for?

AED 2,350,000 on 30 June 2013: AED 1,233 per sqft for 1,906 sqft. The unit has 4 registered sales; the first was AED 1,951,845 in February 2010.

What is the rent for unit UP2?

AED 100,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 145,000; the unit has been rented since August 2016.

How big is unit UP2?

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

What is unit UP2 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 UP2, Rimal 6

Starts from the last sale price (AED 2.35M, 30 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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