603, Rimal 1
Sold prices and rental history: sold 5 times, last in October 2024, 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 603, Rimal 1
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,105 sqft
- Floor
- 6th of 47
- Parking
- G364
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.65M · October 2024
- Building
- Rimal 1
About 603, Rimal 1
603 is a one-bedroom apartment of 1,105 sqft on the 6th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 October 2024 for AED 1,650,000, or AED 1,493 per sqft, in line with the AED 1,470 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 21 October 2022, is AED 62,100 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 17,400 a year.
Sales and rents for 603 over time
603 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 1, and where 603 sits
All 37 1-beds →603 last sold in October 2024 at AED 1,493 per sqft, in line with what one-beds in Rimal 1 were fetching at the time (AED 1,470).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 2 Jan 20242 January 2024 | 1,105 sqft | 2,345,552 | 2,122 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,545
- Typical sale
- AED 2.43M
- Typical rent
- AED 135K /yr
- Typical yield
- 6.0%
Other units on the 6th floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,919 sqft | AED 2.6MAED 2,600,000 · Oct 2023October 2023 | 145,000 /yr | |
| 602 | 3-bed | 1,919 sqft | AED 2.3MAED 2,300,000 · Apr 2008April 2008 | 280,000 /yr | |
| 604 | 1-bed | 1,105 sqft | AED 800KAED 800,000 · Dec 2020December 2020 | 71,500 /yr | |
| 605 | 1-bed | 1,105 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 63,250 /yr | |
| 606 | 1-bed | 1,105 sqft | AED 1.28MAED 1,275,000 · May 2013May 2013 | 75,000 /yr | |
| 607 | 3-bed | 1,919 sqft | AED 699KAED 699,000 · Feb 2008February 2008 | 170,000 /yr | |
| 608 | 3-bed | 1,919 sqft | AED 2.43MAED 2,430,000 · Aug 2017August 2017 | 160,000 /yr |
603, Rimal 1 in numbers
- Sold 5 times: first on 9 December 2007 for AED 415,000, last on 23 October 2024 for AED 1,650,000 (AED 1,493 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 52,000 in 2020 and recovered to AED 62,100 by October 2022.
- At AED 62,100 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 17,400 a year (AED 15.73 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2024.
Questions about 603, Rimal 1
What did unit 603 last sell for?
AED 1,650,000 on 23 October 2024: AED 1,493 per sqft for 1,105 sqft. The unit has 5 registered sales; the first was AED 415,000 in December 2007.
What is the rent for unit 603?
AED 62,100 a year on the contract renewed on 21 October 2022. The previous contract, from October 2021, was AED 54,000; the unit has been rented since November 2013.
How big is unit 603?
1,105 sqft (102.7 sqm): a one-bedroom apartment on the 6th floor of a 47-storey tower completed in 2007.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 603, Rimal 1
Starts from the last sale price (AED 1.65M, 23 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →