3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 12th floor · completed 2007

1201, Rimal 5

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 2.3M9 November 2023
Current rentAED 155K /yr7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Rimal 5

What is 1201 worth today?

Last sold for AED 2,300,000 in 2023

Unlock today's estimate, updated daily, with

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

9 Nov 2023SoldReady
AED 2,300,000AED 1,194 per sqft
7 Feb 2023RentedRenewal
AED 155,000/yr12 months · AED 80 per sqft
7 Feb 2022RentedRenewal
AED 125,000/yr12 months · AED 65 per sqft
8 Feb 2021RentedRenewal
AED 105,000/yr12 months · AED 54 per sqft
8 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
23 Nov 2011SoldReady
AED 1,745,000AED 906 per sqft
29 Jul 2007Sold by developerReady
AED 699,000AED 362 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
12th of 40
Parking
M142-3
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2.3M · November 2023
Building
Rimal 5

About 1201, Rimal 5

1201 is a three-bedroom apartment of 1,926 sqft on the 12th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 November 2023 for AED 2,300,000, or AED 1,194 per sqft, 9% below the AED 1,318 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 February 2023, is AED 155,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 30,700 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, July 2007: AED 699,000 (AED 362 per sqft)Sold, November 2011: AED 1,745,000 (AED 906 per sqft)Sold, November 2023: AED 2,300,000 (AED 1,194 per sqft)

1201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Rimal 5
100K150K200K2012201620202024Typical 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, February 2020: AED 120,000 a yearRenewal, February 2021: AED 105,000 a yearRenewal, February 2022: AED 125,000 a yearRenewal, February 2023: 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 1201 sits

All 148 3-beds →

1201 last sold in November 2023 at AED 1,194 per sqft, 9% below what three-beds in Rimal 5 were fetching at the time (AED 1,318). 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. 1201'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 12th floor

All 198 units in Rimal 5
Value
12023-bedAED 875K · Jan 2009
12034-bedAED 949K · Sep 2007
12044-bedAED 2.6M · Jul 2015
12053-bedAED 699K · Mar 2010
12063-bedAED 2M · Oct 2011

1201, Rimal 5 in numbers

  • Sold 3 times: first on 29 July 2007 for AED 699,000, last on 9 November 2023 for AED 2,300,000 (AED 1,194 per sqft).
  • Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2021 and recovered to AED 155,000 by February 2023.
  • At AED 155,000 a year the gross yield on the 2023 price is 6.7%, 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 9 November 2023.

Questions about 1201, Rimal 5

What did unit 1201 last sell for?

AED 2,300,000 on 9 November 2023: AED 1,194 per sqft for 1,926 sqft. The unit has 3 registered sales; the first was AED 699,000 in July 2007.

What is the rent for unit 1201?

AED 155,000 a year on the contract renewed on 7 February 2023. The previous contract, from February 2022, was AED 125,000; the unit has been rented since February 2020.

How big is unit 1201?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 12th floor of a 40-storey tower completed in 2007.

What is unit 1201 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.

Selling 1201? 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 1201, Rimal 5

Starts from the last sale price (AED 2.3M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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