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2-bed · 1,442 sqftRimal 6, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Rimal 6

Sold prices and rental history: sold once, by the developer in February 2008, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 599K10 February 2008
Current rentAED 95K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Rimal 6

What is 2902 worth today?

Last sold for AED 599,000 in 2008

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1 Jan 2021RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
30 Nov 2015RentedNew contract
AED 159,116/yr12 months · AED 110 per sqft
1 Dec 2014RentedNew contract
AED 160,000/yr12 months · AED 111 per sqft
10 Feb 2008Sold by developerReady
AED 599,000AED 415 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2021.

Key facts

Type
2-bed apartment
Size
1,442 sqft
Floor
29th of 37
Parking
M064
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,400 /yr
Last sold
AED 599K · February 2008
Building
Rimal 6

About 2902, Rimal 6

2902 is a two-bedroom apartment of 1,442 sqft on the 29th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 February 2008 for AED 599,000, or AED 415 per sqft, in line with the AED 418 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 January 2021, is AED 95,000 a year: a gross yield of 15.9% on the 2008 price, before the service charge of about AED 26,400 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, February 2008: AED 599,000 (AED 415 per sqft)

2902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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, December 2014: AED 160,000 a yearNew contract, November 2015: AED 159,116 a yearNew contract, January 2021: AED 95,000 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 2902 sits

All 47 2-beds →

2902 last sold in February 2008 at AED 415 per sqft, in line with what two-beds in Rimal 6 were fetching at the time (AED 418). 2902's AED 95,000 is at the bottom 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 29th floor

All 138 units in Rimal 6
Value
29012-bedAED 599K · Dec 2007
29032-bedAED 2.6M · Jul 2013
2904AED 2.8M · Aug 2015

2902, Rimal 6 in numbers

  • Sold once: by Dubai Properties on 10 February 2008 for AED 599,000, or AED 415 per sqft.
  • Rented since December 2014 on 3 Ejari contracts, from AED 160,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2008 price is 15.9%, before a service charge of about AED 26,400 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2021.

Questions about 2902, Rimal 6

What did unit 2902 last sell for?

AED 599,000 on 10 February 2008, sold by the developer: AED 415 per sqft for 1,442 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 95,000 a year on the contract signed on 1 January 2021. The previous contract, from November 2015, was AED 159,116; the unit has been rented since December 2014.

How big is unit 2902?

1,442 sqft (134.0 sqm): a two-bedroom apartment on the 29th floor of a 37-storey tower completed in 2007.

What is unit 2902 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 2902, Rimal 6

Starts from the last sale price (AED 599K, 10 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →