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3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 6th floor · completed 2007

608, Rimal 1

Sold prices and rental history: sold twice, last in August 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 13 August 2017
Last soldAED 2.43M13 August 2017
Current rentAED 160K /yr1 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Rimal 1

What is 608 worth today?

Last sold for AED 2,430,000 in 2017

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13 Aug 2017SoldReady
AED 2,430,000AED 1,266 per sqft
1 Aug 2014RentedRenewal
AED 160,000/yr36 months · AED 84 per sqft
1 Aug 2013RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
9 Sep 2008Sold by developerReady
AED 2,050,000AED 1,068 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2017.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
6th of 47
Parking
B786/ B787
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.43M · August 2017
Building
Rimal 1

About 608, Rimal 1

608 is a three-bedroom apartment of 1,919 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 13 August 2017 for AED 2,430,000, or AED 1,266 per sqft, in line with the AED 1,258 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 1 August 2014, is AED 160,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 30,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical three-bed in Rimal 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, September 2008: AED 2,050,000 (AED 1,068 per sqft)Sold, August 2017: AED 2,430,000 (AED 1,266 per sqft)

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

Rents
Unit 608, each contractTypical three-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000New contract, August 2013: AED 140,000 a yearRenewal, August 2014: AED 160,000 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 1, and where 608 sits

All 56 3-beds →

608 last sold in August 2017 at AED 1,266 per sqft, in line with what three-beds in Rimal 1 were fetching at the time (AED 1,258). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-bed sales in the last 12 months

Rimal 1

Building

310 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%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 6th floor

All 310 units in Rimal 1
Value
6013-bedAED 2.6M · Oct 2023
6023-bedAED 2.3M · Apr 2008
6031-bedAED 1.65M · Oct 2024
6041-bedAED 800K · Dec 2020
6051-bedAED 1M · Feb 2019
6061-bedAED 1.28M · May 2013
6073-bedAED 699K · Feb 2008

608, Rimal 1 in numbers

  • Sold twice: first on 9 September 2008 for AED 2,050,000, last on 13 August 2017 for AED 2,430,000 (AED 1,266 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 140,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2017.

Questions about 608, Rimal 1

What did unit 608 last sell for?

AED 2,430,000 on 13 August 2017: AED 1,266 per sqft for 1,919 sqft. The unit has 2 registered sales; the first was AED 2,050,000 in September 2008.

What is the rent for unit 608?

AED 160,000 a year on the contract renewed on 1 August 2014. The previous contract, from August 2013, was AED 140,000.

How big is unit 608?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 6th floor of a 47-storey tower completed in 2007.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 608, Rimal 1

Starts from the last sale price (AED 2.43M, 13 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

Plus AED 107,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →