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3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 17th floor · completed 2007

1703, Rimal 6

Sold prices and rental history: sold 3 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.

Unit 1703 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 3.6M11 October 2024
Current rentAED 125K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Rimal 6

What is 1703 worth today?

Last sold for AED 3,600,000 in 2024

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11 Oct 2024SoldReady
AED 3,600,000AED 1,985 per sqft
10 Oct 2021RentedRenewal
AED 125,000/yr12 months · AED 69 per sqft
10 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
10 Oct 2019RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
10 Oct 2018RentedNew contract
AED 160,000/yr12 months · AED 88 per sqft
1 Feb 2016RentedRenewal
AED 120,000/yr36 months · AED 66 per sqft
1 Feb 2014RentedNew contract
AED 120,000/yr24 months · AED 66 per sqft
1 Feb 2013RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2024.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
17th of 37
Parking
M014-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 3.6M · October 2024
Building
Rimal 6

About 1703, Rimal 6

1703 is a three-bedroom apartment of 1,813 sqft on the 17th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 October 2024 for AED 3,600,000, or AED 1,985 per sqft, 8% above the AED 1,835 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 October 2021, is AED 125,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 33,200 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical three-bed in Rimal 6
2M4M2007201220172022Typical 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, February 2008: AED 699,000 (AED 385 per sqft)Sold, October 2012: AED 3,150,000 (AED 1,737 per sqft)Sold, October 2024: AED 3,600,000 (AED 1,985 per sqft)

1703 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, 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, February 2013: AED 120,000 a yearNew contract, February 2014: AED 120,000 a yearRenewal, February 2016: AED 120,000 a yearNew contract, October 2018: AED 160,000 a yearRenewal, October 2019: AED 150,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 125,000 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 1703 sits

All 82 3-beds →

1703 last sold in October 2024 at AED 1,985 per sqft, 8% above what three-beds in Rimal 6 were fetching at the time (AED 1,835). 1703's AED 125,000 is at the bottom 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 17th floor

All 138 units in Rimal 6
Value
17013-bedAED 2.3M · Feb 2008
17023-bedAED 2.5M · Dec 2017
17043-bedAED 4.4M · Mar 2009

1703, Rimal 6 in numbers

  • Sold 3 times: first on 24 February 2008 for AED 699,000, last on 11 October 2024 for AED 3,600,000 (AED 1,985 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 120,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 3.5%, 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 11 October 2024.

Questions about 1703, Rimal 6

What did unit 1703 last sell for?

AED 3,600,000 on 11 October 2024: AED 1,985 per sqft for 1,813 sqft. The unit has 3 registered sales; the first was AED 699,000 in February 2008.

What is the rent for unit 1703?

AED 125,000 a year on the contract renewed on 10 October 2021. The previous contract, from October 2020, was AED 120,000; the unit has been rented since February 2013.

How big is unit 1703?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 17th floor of a 37-storey tower completed in 2007.

What is unit 1703 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 1703, Rimal 6

Starts from the last sale price (AED 3.6M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →