3-bed · 1,813 sqftRimal 6, Jumeirah Beach Residence · 7th floor · completed 2007

702, Rimal 6

Sold prices and rental history: sold twice, last in June 2015, and rented once, from December 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 16 June 2015
Last soldAED 2.48M16 June 2015
Current rentAED 130K /yr26 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Rimal 6

What is 702 worth today?

Last sold for AED 2,475,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jun 2015SoldReady
AED 2,475,000AED 1,364 per sqft
26 Dec 2012RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
23 Dec 2007Sold by developerReady
AED 699,000AED 385 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 June 2015.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
7th of 37
Parking
B115-6
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,200 /yr
Last sold
AED 2.48M · June 2015
Building
Rimal 6

About 702, Rimal 6

702 is a three-bedroom apartment of 1,813 sqft on the 7th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 June 2015 for AED 2,475,000, or AED 1,364 per sqft, 14% below the AED 1,593 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 December 2012. The current contract, signed on 26 December 2012, is AED 130,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 33,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, December 2007: AED 699,000 (AED 385 per sqft)Sold, June 2015: AED 2,475,000 (AED 1,364 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Rimal 6
150K200K2012201620202024Typical 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, December 2012: AED 130,000 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 702 sits

All 82 3-beds →

702 last sold in June 2015 at AED 1,364 per sqft, 14% below what three-beds in Rimal 6 were fetching at the time (AED 1,593). 702's AED 130,000 is at the bottom 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 7th floor

All 138 units in Rimal 6
Value
7013-bedAED 3.34M · Sep 2014
7033-bedAED 2.7M · Oct 2007
7043-bedAED 3.35M · Dec 2023

702, Rimal 6 in numbers

  • Sold twice: first on 23 December 2007 for AED 699,000, last on 16 June 2015 for AED 2,475,000 (AED 1,364 per sqft).
  • Rented since December 2012 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 5.3%, 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 16 June 2015.

Questions about 702, Rimal 6

What did unit 702 last sell for?

AED 2,475,000 on 16 June 2015: AED 1,364 per sqft for 1,813 sqft. The unit has 2 registered sales; the first was AED 699,000 in December 2007.

What is the rent for unit 702?

AED 130,000 a year on the contract signed on 26 December 2012.

How big is unit 702?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 7th floor of a 37-storey tower completed in 2007.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Rimal 6

Starts from the last sale price (AED 2.48M, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

Plus AED 108,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →