3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 14th floor · completed 2007

1401, Rimal 6

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 699K24 March 2009
Current rentAED 195K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Rimal 6

What is 1401 worth today?

Last sold for AED 699,000 in 2009

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15 Sep 2024RentedNew contract
AED 195,000/yr12 months · AED 108 per sqft
5 Apr 2023RentedNew contract
AED 195,000/yr36 months · AED 108 per sqft
11 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
11 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
11 Dec 2017RentedRenewal
AED 145,000/yr12 months · AED 80 per sqft
11 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft
14 Dec 2015RentedRenewal
AED 145,000/yr12 months · AED 80 per sqft
14 Dec 2014RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
14th of 37
Parking
B100-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 699K · March 2009
Building
Rimal 6

About 1401, Rimal 6

1401 is a three-bedroom apartment of 1,813 sqft on the 14th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 March 2009 for AED 699,000, or AED 385 per sqft, 61% below the AED 992 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 September 2024, is AED 195,000 a year: a gross yield of 27.9% on the 2009 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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 2009: AED 699,000 (AED 385 per sqft)

1401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, 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, December 2013: AED 145,000 a yearNew contract, December 2014: AED 145,000 a yearRenewal, December 2015: AED 145,000 a yearNew contract, December 2016: AED 145,000 a yearRenewal, December 2017: AED 145,000 a yearRenewal, December 2018: AED 120,000 a yearRenewal, December 2019: AED 120,000 a yearNew contract, April 2023: AED 195,000 a yearNew contract, September 2024: AED 195,000 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 1401 sits

All 82 3-beds →

1401 last sold in March 2009 at AED 385 per sqft, 61% below what three-beds in Rimal 6 were fetching at the time (AED 992). 1401's AED 195,000 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 14th floor

All 138 units in Rimal 6
Value
14023-bedAED 1.6M · Sep 2011
14033-bedAED 699K · Jan 2010
14043-bedAED 3.1M · Dec 2008

1401, Rimal 6 in numbers

  • Sold once: by Dubai Properties on 24 March 2009 for AED 699,000, or AED 385 per sqft.
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 120,000 in 2019 and recovered to AED 195,000 by September 2024.
  • At AED 195,000 a year the gross yield on the 2009 price is 27.9%, 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 15 September 2024.

Questions about 1401, Rimal 6

What did unit 1401 last sell for?

AED 699,000 on 24 March 2009, sold by the developer: AED 385 per sqft for 1,813 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 195,000 a year on the contract signed on 15 September 2024. The previous contract, from April 2023, was AED 195,000; the unit has been rented since December 2013.

How big is unit 1401?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 14th floor of a 37-storey tower completed in 2007.

What is unit 1401 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 1401, Rimal 6

Starts from the last sale price (AED 699K, 24 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →