1505, Rimal 5
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Rimal 5
What is 1505 worth today?
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Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,926 sqft
- Floor
- 15th of 40
- Parking
- M116-7
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,700 /yr
- Last sold
- AED 3.75M · August 2024
- Building
- Rimal 5
About 1505, Rimal 5
1505 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 21 August 2024 for AED 3,750,000, or AED 1,947 per sqft, 27% above the AED 1,531 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 120,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 30,700 a year.
Sales and rents for 1505 over time
1505 has sold 3 times; 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 1505 sits
All 148 3-beds →1505 last sold in August 2024 at AED 1,947 per sqft, 27% above what three-beds in Rimal 5 were fetching at the time (AED 1,531). 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. 1505's AED 120,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 1506 | 3-bed | 1,926 sqft | AED 699KAED 699,000 · Nov 2012November 2012 | 155,000 /yr |
1505, Rimal 5 in numbers
- Sold 3 times: first on 25 July 2007 for AED 699,000, last on 21 August 2024 for AED 3,750,000 (AED 1,947 per sqft).
- Rented since November 2013 on 10 Ejari contracts, from AED 185,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 3.2%, 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 21 August 2024.
Questions about 1505, Rimal 5
What did unit 1505 last sell for?
AED 3,750,000 on 21 August 2024: AED 1,947 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 1505?
AED 120,000 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 120,000; the unit has been rented since November 2013.
How big is unit 1505?
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 1505 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 1505, Rimal 5
Starts from the last sale price (AED 3.75M, 21 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,750,000
- Deposit, UAE resident (20%)
- AED 750,000
- Deposit, non-resident (40%)
- AED 1,500,000
- Monthly over 25 years at 3.7%
- AED 15,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →