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

602, Rimal 6

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 699K30 August 2010
Current rentAED 170K /yr8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Rimal 6

What is 602 worth today?

Last sold for AED 699,000 in 2010

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8 Nov 2022RentedNew contract
AED 170,000/yr12 months · AED 94 per sqft
8 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
8 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
8 Feb 2018RentedRenewal
AED 155,000/yr12 months · AED 86 per sqft
8 Jan 2016RentedNew contract
AED 165,000/yr12 months · AED 91 per sqft
3 May 2015RentedNew contract
AED 162,750/yr12 months · AED 90 per sqft
3 May 2014RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
25 Apr 2013RentedNew contract
AED 135,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2022.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
6th of 37
Parking
B119-20
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 699K · August 2010
Building
Rimal 6

About 602, Rimal 6

602 is a three-bedroom apartment of 1,813 sqft on the 6th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 August 2010 for AED 699,000, or AED 385 per sqft, 51% below the AED 780 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 8 November 2022, is AED 170,000 a year: a gross yield of 24.3% on the 2010 price, before the service charge of about AED 33,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Rimal 6
2M2007201220172022Typical 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, August 2010: AED 699,000 (AED 385 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Rimal 6
100K150K200K2012201620202024Typical 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, January 2012: AED 130,000 a yearNew contract, April 2013: AED 135,000 a yearNew contract, May 2014: AED 155,000 a yearNew contract, May 2015: AED 162,750 a yearNew contract, January 2016: AED 165,000 a yearRenewal, February 2018: AED 155,000 a yearRenewal, February 2020: AED 130,000 a yearRenewal, February 2022: AED 115,000 a yearNew contract, November 2022: AED 170,000 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 602 sits

All 82 3-beds →

602 last sold in August 2010 at AED 385 per sqft, 51% below what three-beds in Rimal 6 were fetching at the time (AED 780). 602's AED 170,000 is in the lower half 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 6th floor

All 138 units in Rimal 6
Value
6013-bedAED 699K · Feb 2008
6033-bedAED 699K · Sep 2007
6043-bedAED 3.6M · May 2014

602, Rimal 6 in numbers

  • Sold once: by Dubai Properties on 30 August 2010 for AED 699,000, or AED 385 per sqft.
  • Rented since January 2012 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2022 and recovered to AED 170,000 by November 2022.
  • At AED 170,000 a year the gross yield on the 2010 price is 24.3%, 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 8 November 2022.

Questions about 602, Rimal 6

What did unit 602 last sell for?

AED 699,000 on 30 August 2010, sold by the developer: AED 385 per sqft for 1,813 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 170,000 a year on the contract signed on 8 November 2022. The previous contract, from February 2022, was AED 115,000; the unit has been rented since January 2012.

How big is unit 602?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 6th floor of a 37-storey tower completed in 2007.

What is unit 602 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 602, Rimal 6

Starts from the last sale price (AED 699K, 30 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →