3-bed · 1,906 sqftRimal 6, Jumeirah Beach Residence · completed 2007

UP2, Rimal 6

Sold prices and rental history: sold 4 times, last in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP2 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 2.35M30 June 2013
Current rentAED 100K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP2, Rimal 6

What is UP2 worth today?

Last sold for AED 2,350,000 in 2013

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1 Aug 2020RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
1 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 76 per sqft
1 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft
1 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft
1 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
30 Jun 2013SoldReady
AED 2,350,000AED 1,233 per sqft
25 Nov 2010SoldReady
AED 1,725,000AED 905 per sqft
7 Mar 2010SoldReady
AED 1,951,845AED 1,024 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2020.

Key facts

Type
3-bed apartment
Size
1,906 sqft
Parking
M247
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,900 /yr
Last sold
AED 2.35M · June 2013
Building
Rimal 6

About UP2, Rimal 6

UP2 is a three-bedroom apartment of 1,906 sqft of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 June 2013 for AED 2,350,000, or AED 1,233 per sqft, 7% above the AED 1,152 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 100,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 34,900 a year.

Sales and rents for UP2 over time

Sales
Unit UP2, 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, February 2010: AED 1,951,845 (AED 1,024 per sqft)Sold, March 2010: AED 1,951,845 (AED 1,024 per sqft)Sold, November 2010: AED 1,725,000 (AED 905 per sqft)Sold, June 2013: AED 2,350,000 (AED 1,233 per sqft)

UP2 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP2, each contractTypical three-bed in Rimal 6
100K200K2012201620202024Typical 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, August 2016: AED 160,000 a yearRenewal, August 2017: AED 160,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2019: AED 145,000 a yearRenewal, August 2020: AED 100,000 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 UP2 sits

All 82 3-beds →

UP2 last sold in June 2013 at AED 1,233 per sqft, 7% above what three-beds in Rimal 6 were fetching at the time (AED 1,152). UP2's AED 100,000 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 →

UP2, Rimal 6 in numbers

  • Sold 4 times: first on 28 February 2010 for AED 1,951,845, last on 30 June 2013 for AED 2,350,000 (AED 1,233 per sqft).
  • Rented since August 2016 on 5 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 34,900 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2020.

Questions about UP2, Rimal 6

What did unit UP2 last sell for?

AED 2,350,000 on 30 June 2013: AED 1,233 per sqft for 1,906 sqft. The unit has 4 registered sales; the first was AED 1,951,845 in February 2010.

What is the rent for unit UP2?

AED 100,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 145,000; the unit has been rented since August 2016.

How big is unit UP2?

1,906 sqft (177.1 sqm): a three-bedroom apartment of a 37-storey tower completed in 2007.

What is unit UP2 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 UP2, Rimal 6

Starts from the last sale price (AED 2.35M, 30 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →