1503, Rimal 5
Sold prices and rental history: sold twice, last in June 2008, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Rimal 5
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 September 2016.
Key facts
- Type
- 4-bed apartment
- Size
- 2,748 sqft
- Floor
- 15th of 40
- Parking
- M118-9
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 43,800 /yr
- Last sold
- AED 4.8M · June 2008
- Building
- Rimal 5
About 1503, Rimal 5
1503 is a four-bedroom apartment of 2,748 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 19 June 2008 for AED 4,800,000, or AED 1,746 per sqft, 393% above the AED 354 four-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 September 2016, is AED 285,000 a year: a gross yield of 5.9% on the 2008 price, before the service charge of about AED 43,800 a year.
Sales and rents for 1503 over time
1503 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Rimal 5, and where 1503 sits
All 48 4-beds →1503 last sold in June 2008 at AED 1,746 per sqft, 393% above what four-beds in Rimal 5 were fetching at the time (AED 354). Over the last 12 months four-beds sold for AED 3,300,000 to 4,927,429, around AED 1,526 per sqft, and rent for AED 180,000 to 270,000 a year. 1503's AED 285,000 is at the top of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 2,751 sqft | 3,300,000 | 1,199 | ||
| 9 Feb 20269 February 2026 | 2,674 sqft | 4,927,429 | 1,842 | ||
| 17 Dec 202517 December 2025 | 2,714 sqft | 4,142,917 | 1,526 | ||
| 22 Sep 202522 September 2025 | 2,715 sqft | 5,900,000 | 2,173 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,926 sqft | AED 2.63MAED 2,625,000 · Jun 2017June 2017 | 175,000 /yr | |
| 1502 | 3-bed | 1,925 sqft | AED 1.75MAED 1,750,000 · Feb 2019February 2019 | 144,000 /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 |
1503, Rimal 5 in numbers
- Sold twice: first on 20 May 2008 for AED 949,000, last on 19 June 2008 for AED 4,800,000 (AED 1,746 per sqft).
- Rented since August 2013 on 3 Ejari contracts, from AED 189,000 to AED 285,000 a year.
- At AED 285,000 a year the gross yield on the 2008 price is 5.9%, before a service charge of about AED 43,800 a year (AED 15.95 per sqft).
- Four-beds in Rimal 5 sold for AED 3,300,000–4,927,429 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 1 September 2016.
Questions about 1503, Rimal 5
What did unit 1503 last sell for?
AED 4,800,000 on 19 June 2008: AED 1,746 per sqft for 2,748 sqft. The unit has 2 registered sales; the first was AED 949,000 in May 2008.
What is the rent for unit 1503?
AED 285,000 a year on the contract signed on 1 September 2016. The previous contract, from August 2014, was AED 207,900; the unit has been rented since August 2013.
How big is unit 1503?
2,748 sqft (255.3 sqm): a four-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Rimal 5 sold for AED 3,300,000 to 4,927,429 in the last 12 months, around AED 1,526 per sqft.
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Mortgage on 1503, Rimal 5
Starts from the last sale price (AED 4.8M, 19 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →