1506, Rimal 5
Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Rimal 5
What is 1506 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,926 sqft
- Floor
- 15th of 40
- Parking
- M114-5
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,700 /yr
- Last sold
- AED 699K · November 2012
- Building
- Rimal 5
About 1506, Rimal 5
1506 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. The developer sold it on 28 November 2012 for AED 699,000, or AED 362 per sqft, 60% below the AED 914 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 May 2023, is AED 155,000 a year: a gross yield of 22.2% on the 2012 price, before the service charge of about AED 30,700 a year.
Sales and rents for 1506 over time
1506 has sold once; 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 1506 sits
All 148 3-beds →1506 last sold in November 2012 at AED 362 per sqft, 60% below what three-beds in Rimal 5 were fetching at the time (AED 914). 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. 1506's AED 155,000 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 | |
| 1505 | 3-bed | 1,926 sqft | AED 3.75MAED 3,750,000 · Aug 2024August 2024 | 120,000 /yr |
1506, Rimal 5 in numbers
- Sold once: by Dubai Properties on 28 November 2012 for AED 699,000, or AED 362 per sqft.
- Rented since September 2015 on 7 Ejari contracts, from AED 110,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2012 price is 22.2%, 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 1 May 2023.
Questions about 1506, Rimal 5
What did unit 1506 last sell for?
AED 699,000 on 28 November 2012, sold by the developer: AED 362 per sqft for 1,926 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 155,000 a year on the contract signed on 1 May 2023. The previous contract, from May 2021, was AED 142,500; the unit has been rented since September 2015.
How big is unit 1506?
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 1506 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 1506, Rimal 5
Starts from the last sale price (AED 699K, 28 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →