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1,813 sqftRimal 6, Jumeirah Beach Residence · 5th floor · completed 2007

503, Rimal 6

Sold prices and rental history: sold 4 times, last in April 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 April 2019
Last soldAED 2.5M15 April 2019
Current rentAED 170K /yr15 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Rimal 6

What is 503 worth today?

Last sold for AED 2,500,000 in 2019

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15 Apr 2019SoldReady
AED 2,500,000AED 1,378 per sqft
15 Nov 2017RentedRenewal
AED 170,000/yr12 months · AED 94 per sqft
15 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 94 per sqft
31 Oct 2013SoldReady
AED 3,000,000AED 1,654 per sqft
14 Nov 2007SoldReady
AED 2,950,000AED 1,626 per sqft
4 Nov 2007Sold by developerReady
AED 699,000AED 385 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2019.

Key facts

Type
Apartment
Size
1,813 sqft
Floor
5th of 37
Parking
B011-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 2.5M · April 2019
Building
Rimal 6

About 503, Rimal 6

503 is an apartment of 1,813 sqft on the 5th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 April 2019 for AED 2,500,000, or AED 1,378 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 15 November 2017, is AED 170,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 33,200 a year.

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 5th floor

All 138 units in Rimal 6
Value
5013-bedAED 3M · May 2008
5023-bedAED 3M · Oct 2013
5043-bedAED 699K · Nov 2007

503, Rimal 6 in numbers

  • Sold 4 times: first on 4 November 2007 for AED 699,000, last on 15 April 2019 for AED 2,500,000 (AED 1,378 per sqft).
  • Rented since November 2016 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 6.8%, 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 April 2019.

Questions about 503, Rimal 6

What did unit 503 last sell for?

AED 2,500,000 on 15 April 2019: AED 1,378 per sqft for 1,813 sqft. The unit has 4 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 503?

AED 170,000 a year on the contract renewed on 15 November 2017. The previous contract, from November 2016, was AED 170,000.

How big is unit 503?

1,813 sqft (168.4 sqm): an apartment on the 5th floor of a 37-storey tower completed in 2007.

What is unit 503 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 503, Rimal 6

Starts from the last sale price (AED 2.5M, 15 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →