3-bed · 1,923 sqftRimal 5, Jumeirah Beach Residence · 1st floor · completed 2007

106, Rimal 5

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 2.68M26 August 2024
Current rentAED 155K /yr19 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Rimal 5

What is 106 worth today?

Last sold for AED 2,675,000 in 2024

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26 Aug 2024SoldReady
AED 2,675,000AED 1,390 per sqft
10 May 2018SoldReady
AED 2,050,000AED 1,065 per sqft
19 Nov 2016RentedRenewal
AED 155,000/yr12 months · AED 80 per sqft
19 Nov 2015RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
31 Dec 2008Sold by developerReady
AED 699,000AED 363 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
3-bed apartment
Size
1,923 sqft
Floor
1st of 40
Parking
B184-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2.68M · August 2024
Building
Rimal 5

About 106, Rimal 5

106 is a three-bedroom apartment of 1,923 sqft on the 1st floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 August 2024 for AED 2,675,000, or AED 1,390 per sqft, 8% below the AED 1,506 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 19 November 2016, is AED 155,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 30,700 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,300,000; 2010 AED 2,000,000; 2011 AED 1,500,000; 2012 AED 1,800,000; 2013 AED 1,075,000; 2014 AED 1,679,500; 2015 AED 2,500,000; 2016 AED 2,700,000; 2017 AED 2,175,000; 2018 AED 2,800,000; 2019 AED 1,825,000; 2020 AED 1,520,000; 2021 AED 3,300,000; 2022 AED 2,525,000; 2023 AED 2,950,000; 2024 AED 3,240,000; 2025 AED 4,575,000Sold by developer, December 2008: AED 699,000 (AED 363 per sqft)Sold, May 2018: AED 2,050,000 (AED 1,065 per sqft)Sold, August 2024: AED 2,675,000 (AED 1,390 per sqft)

106 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 106, each contractTypical three-bed in Rimal 5
150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 155,000; 2014 AED 175,000; 2015 AED 175,500; 2016 AED 178,200; 2017 AED 175,000; 2018 AED 166,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 126,000; 2022 AED 138,250; 2023 AED 160,650; 2024 AED 185,000; 2025 AED 192,000; 2026 AED 183,750New contract, November 2015: AED 155,000 a yearRenewal, November 2016: AED 155,000 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 5, and where 106 sits

All 148 3-beds →

106 last sold in August 2024 at AED 1,390 per sqft, 8% below what three-beds in Rimal 5 were fetching at the time (AED 1,506). Over the last 12 months three-beds sold for AED 4,900,000 to 5,050,000, around AED 2,557 per sqft, and rent for AED 80,000 to 300,000 a year. 106's AED 155,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20264,950,000
22 Dec 20254,900,000
19 Dec 20255,000,000
15 Dec 20255,050,000
4 3-bed sales in the last 12 months

Rimal 5

Building

198 apartments, 2-bed to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,949
Typical sale
AED 4.94M
Typical rent
AED 190K /yr
Typical yield
4.6%
Rimal 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 198 units in Rimal 5
Value
1013-bedAED 2.13M · Nov 2022
1023-bedAED 2.35M · Jan 2024
1034-bedAED 3M · Dec 2021
1044-bedAED 3.76M · Mar 2024
1053-bedAED 1.5M · Dec 2020

106, Rimal 5 in numbers

  • Sold 3 times: first on 31 December 2008 for AED 699,000, last on 26 August 2024 for AED 2,675,000 (AED 1,390 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 30,700 a year (AED 15.95 per sqft).
  • Three-beds in Rimal 5 sold for AED 4,900,000–5,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,949 per sqft.

Source: Dubai Land Department. Updated 26 August 2024.

Questions about 106, Rimal 5

What did unit 106 last sell for?

AED 2,675,000 on 26 August 2024: AED 1,390 per sqft for 1,923 sqft. The unit has 3 registered sales; the first was AED 699,000 in December 2008.

What is the rent for unit 106?

AED 155,000 a year on the contract renewed on 19 November 2016. The previous contract, from November 2015, was AED 155,000.

How big is unit 106?

1,923 sqft (178.7 sqm): a three-bedroom apartment on the 1st floor of a 40-storey tower completed in 2007.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 5 sold for AED 4,900,000 to 5,050,000 in the last 12 months, around AED 2,557 per sqft.

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Mortgage on 106, Rimal 5

Starts from the last sale price (AED 2.68M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,675,000
Deposit, UAE resident (20%)
AED 535,000
Deposit, non-resident (40%)
AED 1,070,000
Monthly over 25 years at 3.7%
AED 10,944

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →