2-bed · 1,422 sqftRimal 6, Jumeirah Beach Residence · 27th floor · completed 2007

2701, Rimal 6

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 1.95M24 August 2022
Current rentAED 150K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Rimal 6

What is 2701 worth today?

Last sold for AED 1,950,000 in 2022

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26 Aug 2024RentedRenewal
AED 150,000/yr3 months · AED 106 per sqft
26 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
24 Aug 2022SoldReady
AED 1,950,000AED 1,370 per sqft
20 Jan 2022RentedRenewal
AED 84,642/yr10 months · AED 60 per sqft
20 Jan 2021RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
20 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
13 Dec 2018RentedNew contract
AED 103,000/yr12 months · AED 72 per sqft
15 Jul 2017RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
27th of 37
Parking
B029
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,100 /yr
Last sold
AED 1.95M · August 2022
Building
Rimal 6

About 2701, Rimal 6

2701 is a two-bedroom apartment of 1,422 sqft on the 27th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 August 2022 for AED 1,950,000, or AED 1,370 per sqft, 7% above the AED 1,282 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 26 August 2024, is AED 150,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, October 2007: AED 720,000 (AED 506 per sqft)Sold, November 2007: AED 1,500,000 (AED 1,054 per sqft)Sold, May 2017: AED 2,350,000 (AED 1,652 per sqft)Sold, August 2022: AED 1,950,000 (AED 1,370 per sqft)

2701 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, 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, July 2017: AED 125,000 a yearNew contract, December 2018: AED 103,000 a yearNew contract, January 2020: AED 90,000 a yearRenewal, January 2021: AED 85,000 a yearRenewal, January 2022: AED 84,642 a yearNew contract, August 2023: AED 150,000 a yearRenewal, August 2024: AED 150,000 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 2701 sits

All 47 2-beds →

2701 last sold in August 2022 at AED 1,370 per sqft, 7% above what two-beds in Rimal 6 were fetching at the time (AED 1,282). 2701's AED 150,000 is in the upper 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 27th floor

All 138 units in Rimal 6
Value
27022-bedAED 599K · Jan 2014
27033-bedAED 3.83M · Dec 2007
27043-bedAED 350K · Jan 2008

2701, Rimal 6 in numbers

  • Sold 4 times: first on 1 October 2007 for AED 720,000, last on 24 August 2022 for AED 1,950,000 (AED 1,370 per sqft).
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 84,642 in 2022 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2022 price is 7.7%, 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 26 August 2024.

Questions about 2701, Rimal 6

What did unit 2701 last sell for?

AED 1,950,000 on 24 August 2022: AED 1,370 per sqft for 1,422 sqft. The unit has 4 registered sales; the first was AED 720,000 in October 2007.

What is the rent for unit 2701?

AED 150,000 a year on the contract renewed on 26 August 2024. The previous contract, from August 2023, was AED 150,000; the unit has been rented since July 2017.

How big is unit 2701?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 27th floor of a 37-storey tower completed in 2007.

What is unit 2701 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 2701, Rimal 6

Starts from the last sale price (AED 1.95M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →