2-bed · 1,422 sqftRimal 6, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Rimal 6

Sold prices and rental history: sold 4 times, last in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 1.3M14 January 2020
Current rentAED 120K /yr3 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Rimal 6

What is 2401 worth today?

Last sold for AED 1,300,000 in 2020

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3 Jul 2024RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
3 Jul 2023RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
21 Mar 2022RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
16 May 2021RentedNew contract
AED 72,000/yr12 months · AED 51 per sqft
20 Mar 2020RentedNew contract
AED 92,000/yr12 months · AED 65 per sqft
14 Jan 2020SoldReady
AED 1,300,000AED 913 per sqft
11 Jan 2012SoldReady
AED 1,300,000AED 913 per sqft
10 Oct 2010SoldReady
AED 1,137,832AED 799 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
24th of 37
Parking
B126
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,100 /yr
Last sold
AED 1.3M · January 2020
Building
Rimal 6

About 2401, Rimal 6

2401 is a two-bedroom apartment of 1,422 sqft on the 24th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 January 2020 for AED 1,300,000, or AED 913 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 July 2024, is AED 120,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical two-bed in Rimal 6
2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 659,500; 2010 AED 599,000; 2011 AED 946,250; 2012 AED 1,237,500; 2013 AED 1,745,000; 2014 AED 2,825,000; 2015 AED 1,850,000; 2018 AED 2,100,000; 2020 AED 1,350,000; 2022 AED 2,075,000; 2023 AED 2,000,000; 2024 AED 2,600,000Sold by developer, September 2009: AED 720,000 (AED 506 per sqft)Sold, October 2010: AED 1,137,832 (AED 799 per sqft)Sold, January 2012: AED 1,300,000 (AED 913 per sqft)Sold, January 2020: AED 1,300,000 (AED 913 per sqft)

2401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, each contractTypical two-bed in Rimal 6
100K150K2012201620202024Typical rent by year: 2012 AED 107,000; 2013 AED 120,375; 2014 AED 133,125; 2015 AED 140,000; 2016 AED 133,125; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 102,500; 2020 AED 91,000; 2021 AED 84,500; 2022 AED 94,000; 2023 AED 125,000; 2024 AED 137,500; 2025 AED 150,000; 2026 AED 128,500New contract, March 2020: AED 92,000 a yearNew contract, May 2021: AED 72,000 a yearNew contract, March 2022: AED 95,000 a yearNew contract, July 2023: AED 120,000 a yearRenewal, July 2024: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 6, and where 2401 sits

All 47 2-beds →

2401's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Nov 20243,800,000
11 Jun 20242,000,000
9 May 20242,200,000
6 Mar 20243,000,000
0 2-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 24th floor

All 138 units in Rimal 6
Value
24022-bedAED 599K · Sep 2009
24033-bedAED 699K · Oct 2011
24043-bedAED 3.8M · Oct 2024

2401, Rimal 6 in numbers

  • Sold 4 times: first on 30 September 2009 for AED 720,000, last on 14 January 2020 for AED 1,300,000 (AED 913 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 92,000 to AED 72,000 in 2021 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 26,100 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Questions about 2401, Rimal 6

What did unit 2401 last sell for?

AED 1,300,000 on 14 January 2020: AED 913 per sqft for 1,422 sqft. The unit has 4 registered sales; the first was AED 720,000 in September 2009.

What is the rent for unit 2401?

AED 120,000 a year on the contract renewed on 3 July 2024. The previous contract, from July 2023, was AED 120,000; the unit has been rented since March 2020.

How big is unit 2401?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 24th floor of a 37-storey tower completed in 2007.

What is unit 2401 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 2401, Rimal 6

Starts from the last sale price (AED 1.3M, 14 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →