3-bed · 1,928 sqftRimal 5, Jumeirah Beach Residence · 11th floor · completed 2007

1102, Rimal 5

Sold prices and rental history: sold 3 times, last in August 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 11 August 2023
Last soldAED 2.7M11 August 2023
Current rentAED 165K /yr4 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Rimal 5

What is 1102 worth today?

Last sold for AED 2,700,000 in 2023

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11 Aug 2023SoldReady
AED 2,700,000AED 1,400 per sqft
4 Jun 2018RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
4 Jun 2017RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
1 Nov 2014RentedNew contract
AED 180,000/yr12 months · AED 93 per sqft
17 Nov 2008SoldReady
AED 3,500,000AED 1,815 per sqft
2 Mar 2008Sold by developerReady
AED 875,000AED 453 per sqft

Source: Dubai Land Department. Updated 11 August 2023.

Key facts

Type
3-bed apartment
Size
1,928 sqft
Floor
11th of 40
Parking
B036-7
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 2.7M · August 2023
Building
Rimal 5

About 1102, Rimal 5

1102 is a three-bedroom apartment of 1,928 sqft on the 11th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 August 2023 for AED 2,700,000, or AED 1,400 per sqft, 5% below the AED 1,479 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 4 June 2018, is AED 165,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 30,800 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, March 2008: AED 875,000 (AED 453 per sqft)Sold, November 2008: AED 3,500,000 (AED 1,815 per sqft)Sold, August 2023: AED 2,700,000 (AED 1,400 per sqft)

1102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, 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 2014: AED 180,000 a yearNew contract, June 2017: AED 165,000 a yearRenewal, June 2018: AED 165,000 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 1102 sits

All 148 3-beds →

1102 last sold in August 2023 at AED 1,400 per sqft, 5% below what three-beds in Rimal 5 were fetching at the time (AED 1,479). 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. 1102's AED 165,000 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 11th floor

All 198 units in Rimal 5
Value
11013-bedAED 699K · Nov 2008
11034-bedAED 2.8M · Jul 2011
11044-bedAED 2.53M · Jul 2015
11053-bedAED 1.2M · Nov 2010
11063-bedAED 4.79M · Jun 2008

1102, Rimal 5 in numbers

  • Sold 3 times: first on 2 March 2008 for AED 875,000, last on 11 August 2023 for AED 2,700,000 (AED 1,400 per sqft).
  • Rented since November 2014 on 3 Ejari contracts, from AED 180,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 30,800 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 11 August 2023.

Questions about 1102, Rimal 5

What did unit 1102 last sell for?

AED 2,700,000 on 11 August 2023: AED 1,400 per sqft for 1,928 sqft. The unit has 3 registered sales; the first was AED 875,000 in March 2008.

What is the rent for unit 1102?

AED 165,000 a year on the contract renewed on 4 June 2018. The previous contract, from June 2017, was AED 165,000; the unit has been rented since November 2014.

How big is unit 1102?

1,928 sqft (179.1 sqm): a three-bedroom apartment on the 11th floor of a 40-storey tower completed in 2007.

What is unit 1102 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 1102, Rimal 5

Starts from the last sale price (AED 2.7M, 11 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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