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3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 12th floor · completed 2007

1202, Rimal 6

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 7 June 2018
Last soldAED 2.15M7 June 2018
Current rentAED 145K /yr15 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Rimal 6

What is 1202 worth today?

Last sold for AED 2,150,000 in 2018

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7 Jun 2018SoldReady
AED 2,150,000AED 1,185 per sqft
15 Jul 2017RentedRenewal
AED 145,000/yr12 months · AED 80 per sqft
15 Jul 2016RentedRenewal
AED 155,000/yr12 months · AED 86 per sqft
15 Jul 2015RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
26 Oct 2013RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
11 Mar 2013Sold by developerReady
AED 699,000AED 385 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2018.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
12th of 37
Parking
M003-4
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 2.15M · June 2018
Building
Rimal 6

About 1202, Rimal 6

1202 is a three-bedroom apartment of 1,813 sqft on the 12th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 June 2018 for AED 2,150,000, or AED 1,185 per sqft, in line with the AED 1,202 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 July 2017, is AED 145,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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 2,000,000; 2013 AED 2,265,000; 2014 AED 2,699,000; 2015 AED 2,600,000; 2018 AED 2,112,500; 2020 AED 1,650,000; 2022 AED 2,025,000; 2023 AED 3,325,000; 2024 AED 3,250,000; 2025 AED 2,970,000Sold by developer, March 2013: AED 699,000 (AED 385 per sqft)Sold, June 2018: AED 2,150,000 (AED 1,185 per sqft)

1202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Rimal 6
150K200K2012201620202024Typical rent by year: 2012 AED 136,000; 2013 AED 147,000; 2014 AED 167,500; 2015 AED 173,250; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 150,000; 2019 AED 140,000; 2020 AED 118,750; 2021 AED 120,000; 2022 AED 137,250; 2023 AED 165,000; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 220,000New contract, October 2013: AED 140,000 a yearNew contract, July 2015: AED 155,000 a yearRenewal, July 2016: AED 155,000 a yearRenewal, July 2017: AED 145,000 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 1202 sits

All 82 3-beds →

1202 last sold in June 2018 at AED 1,185 per sqft, in line with what three-beds in Rimal 6 were fetching at the time (AED 1,202). 1202's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20252,970,000
14 May 20253,000,000
29 Jan 20252,785,000
23 Dec 20242,550,000
0 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. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 190K /yr
Typical yield
Rimal 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 138 units in Rimal 6
Value
12013-bedAED 699K · Dec 2007
12033-bedAED 1.81M · Nov 2018
12043-bedAED 2.9M · Mar 2009

1202, Rimal 6 in numbers

  • Sold twice: first on 11 March 2013 for AED 699,000, last on 7 June 2018 for AED 2,150,000 (AED 1,185 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 33,200 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2018.

Questions about 1202, Rimal 6

What did unit 1202 last sell for?

AED 2,150,000 on 7 June 2018: AED 1,185 per sqft for 1,813 sqft. The unit has 2 registered sales; the first was AED 699,000 in March 2013.

What is the rent for unit 1202?

AED 145,000 a year on the contract renewed on 15 July 2017. The previous contract, from July 2016, was AED 155,000; the unit has been rented since October 2013.

How big is unit 1202?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 12th floor of a 37-storey tower completed in 2007.

What is unit 1202 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 1202, Rimal 6

Starts from the last sale price (AED 2.15M, 7 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →