1501, Rimal 5
Sold prices and rental history: sold twice, last in June 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Rimal 5
What is 1501 worth today?
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Source: Dubai Land Department. Updated 11 June 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 1,926 sqft
- Floor
- 15th of 40
- Parking
- M120-1
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,700 /yr
- Last sold
- AED 2.63M · June 2017
- Building
- Rimal 5
About 1501, Rimal 5
1501 is a three-bedroom apartment of 1,926 sqft on the 15th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 June 2017 for AED 2,625,000, or AED 1,363 per sqft, in line with the AED 1,370 three-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 8 November 2016, is AED 175,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 30,700 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 148 3-beds →1501 last sold in June 2017 at AED 1,363 per sqft, in line with what three-beds in Rimal 5 were fetching at the time (AED 1,370). 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. 1501's AED 175,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,926 sqft | 4,950,000 | 2,570 | ||
| 22 Dec 202522 December 2025 | 1,926 sqft | 4,900,000 | 2,544 | ||
| 19 Dec 202519 December 2025 | 1,926 sqft | 5,000,000 | 2,596 | ||
| 15 Dec 202515 December 2025 | 2,456 sqft | 5,050,000 | 2,056 |
Rimal 5
Building198 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%
Other units on the 15th floor
All 198 units in Rimal 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,925 sqft | AED 1.75MAED 1,750,000 · Feb 2019February 2019 | 144,000 /yr | |
| 1503 | 4-bed | 2,748 sqft | AED 4.8MAED 4,800,000 · Jun 2008June 2008 | 285,000 /yr | |
| 1504 | 4-bed | 2,751 sqft | AED 949KAED 949,000 · Mar 2010March 2010 | 240,000 /yr | |
| 1505 | 3-bed | 1,926 sqft | AED 3.75MAED 3,750,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1506 | 3-bed | 1,926 sqft | AED 699KAED 699,000 · Nov 2012November 2012 | 155,000 /yr |
1501, Rimal 5 in numbers
- Sold twice: first on 31 December 2008 for AED 699,000, last on 11 June 2017 for AED 2,625,000 (AED 1,363 per sqft).
- Rented since November 2013 on 3 Ejari contracts. The rent fell from AED 175,000 to AED 87,500 in 2014 and recovered to AED 175,000 by November 2016.
- At AED 175,000 a year the gross yield on the 2017 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 11 June 2017.
Questions about 1501, Rimal 5
What did unit 1501 last sell for?
AED 2,625,000 on 11 June 2017: AED 1,363 per sqft for 1,926 sqft. The unit has 2 registered sales; the first was AED 699,000 in December 2008.
What is the rent for unit 1501?
AED 175,000 a year on the contract renewed on 8 November 2016. The previous contract, from November 2014, was AED 87,500; the unit has been rented since November 2013.
How big is unit 1501?
1,926 sqft (178.9 sqm): a three-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1501 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 1501, Rimal 5
Starts from the last sale price (AED 2.63M, 11 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,625,000
- Deposit, UAE resident (20%)
- AED 525,000
- Deposit, non-resident (40%)
- AED 1,050,000
- Monthly over 25 years at 3.7%
- AED 10,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →