1603, Rimal 5
Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Rimal 5
What is 1603 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 2,748 sqft
- Floor
- 16th of 40
- Parking
- M110-1
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 43,800 /yr
- Last sold
- AED 949K · October 2007
- Building
- Rimal 5
About 1603, Rimal 5
1603 is a four-bedroom apartment of 2,748 sqft on the 16th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 16 October 2007 for AED 949,000, or AED 345 per sqft, in line with the AED 349 four-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 7 July 2026, is AED 250,000 a year: a gross yield of 26.3% on the 2007 price, before the service charge of about AED 43,800 a year.
Sales and rents for 1603 over time
1603 has sold once; 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 1603 sits
All 48 4-beds →1603 last sold in October 2007 at AED 345 per sqft, in line with what four-beds in Rimal 5 were fetching at the time (AED 349). 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. 1603's AED 250,000 is in the upper half 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 16th floor
All 198 units in Rimal 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,926 sqft | AED 699KAED 699,000 · Mar 2008March 2008 | ||
| 1602 | 3-bed | 1,925 sqft | AED 1.3MAED 1,300,000 · May 2009May 2009 | ||
| 1604 | 4-bed | 2,751 sqft | AED 2.6MAED 2,600,000 · Jan 2013January 2013 | 205,000 /yr | |
| 1605 | 3-bed | 1,926 sqft | AED 850KAED 850,000 · Nov 2011November 2011 | 225,000 /yr | |
| 1606 | 3-bed | 1,926 sqft | AED 3.5MAED 3,500,000 · Feb 2016February 2016 | 195,000 /yr |
1603, Rimal 5 in numbers
- Sold once: by Dubai Properties on 16 October 2007 for AED 949,000, or AED 345 per sqft.
- Rented since September 2012 on 16 Ejari contracts. The rent fell from AED 200,000 to AED 160,000 in 2021 and recovered to AED 250,000 by July 2026.
- At AED 250,000 a year the gross yield on the 2007 price is 26.3%, 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 7 July 2026.
Questions about 1603, Rimal 5
What did unit 1603 last sell for?
AED 949,000 on 16 October 2007, sold by the developer: AED 345 per sqft for 2,748 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 250,000 a year on the contract renewed on 7 July 2026. The previous contract, from February 2026, was AED 270,000; the unit has been rented since September 2012.
How big is unit 1603?
2,748 sqft (255.3 sqm): a four-bedroom apartment on the 16th floor of a 40-storey tower completed in 2007.
What is unit 1603 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 1603, Rimal 5
Starts from the last sale price (AED 949K, 16 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 949,000
- Deposit, UAE resident (20%)
- AED 189,800
- Deposit, non-resident (40%)
- AED 379,600
- Monthly over 25 years at 3.7%
- AED 3,883
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →