4-bed · 2,751 sqftRimal 5, Jumeirah Beach Residence · 17th floor · completed 2007

1704, Rimal 5

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 1.85M25 January 2021
Current rentAED 135K /yr20 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Rimal 5

What is 1704 worth today?

Last sold for AED 1,850,000 in 2021

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25 Jan 2021SoldReady
AED 1,850,000AED 672 per sqft
20 Apr 2020RentedRenewal
AED 135,000/yr12 months · AED 49 per sqft
20 Apr 2019RentedRenewal
AED 147,000/yr12 months · AED 53 per sqft
20 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 65 per sqft
20 Apr 2017RentedRenewal
AED 195,000/yr12 months · AED 71 per sqft
20 Apr 2016RentedRenewal
AED 195,000/yr12 months · AED 71 per sqft
20 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
20 Apr 2014RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
4-bed apartment
Size
2,751 sqft
Floor
17th of 40
Parking
B251-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,900 /yr
Last sold
AED 1.85M · January 2021
Building
Rimal 5

About 1704, Rimal 5

1704 is a four-bedroom apartment of 2,751 sqft on the 17th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 January 2021 for AED 1,850,000, or AED 672 per sqft, 25% below the AED 895 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 April 2020, is AED 135,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 43,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical four-bed in Rimal 5
02M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 1,427,000; 2011 AED 2,300,000; 2012 AED 2,407,000; 2013 AED 949,000; 2014 AED 3,275,000; 2015 AED 3,000,000; 2021 AED 3,000,000; 2023 AED 3,200,000; 2024 AED 4,450,000Sold by developer, October 2007: AED 474,500 (AED 172 per sqft)Sold, March 2008: AED 2,900,000 (AED 1,054 per sqft)Sold, January 2021: AED 1,850,000 (AED 672 per sqft)

1704 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1704, each contractTypical four-bed in Rimal 5
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 189,000; 2014 AED 208,950; 2015 AED 215,000; 2016 AED 215,000; 2017 AED 211,399; 2018 AED 202,375; 2019 AED 175,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 178,000; 2023 AED 199,755; 2024 AED 220,000; 2025 AED 245,000; 2026 AED 233,500New contract, February 2013: AED 155,000 a yearNew contract, April 2014: AED 200,000 a yearNew contract, April 2015: AED 200,000 a yearRenewal, April 2016: AED 195,000 a yearRenewal, April 2017: AED 195,000 a yearRenewal, April 2018: AED 180,000 a yearRenewal, April 2019: AED 147,000 a yearRenewal, April 2020: AED 135,000 a year

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 1704 sits

All 48 4-beds →

1704 last sold in January 2021 at AED 672 per sqft, 25% below what four-beds in Rimal 5 were fetching at the time (AED 895). 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. 1704's AED 135,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Jul 20263,300,000
9 Feb 20264,927,429
17 Dec 20254,142,917
22 Sep 20255,900,000
3 4-bed sales in the last 12 months

Rimal 5

Building

198 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%
Rimal 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 17th floor

All 198 units in Rimal 5
Value
17013-bedAED 3.25M · Oct 2023
17023-bedAED 2.65M · Dec 2016
17034-bedAED 949K · Sep 2007
17053-bedAED 2.7M · Apr 2022
17063-bedAED 699K · Mar 2008

1704, Rimal 5 in numbers

  • Sold 3 times: first on 28 October 2007 for AED 474,500, last on 25 January 2021 for AED 1,850,000 (AED 672 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 155,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 43,900 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 25 January 2021.

Questions about 1704, Rimal 5

What did unit 1704 last sell for?

AED 1,850,000 on 25 January 2021: AED 672 per sqft for 2,751 sqft. The unit has 3 registered sales; the first was AED 474,500 in October 2007.

What is the rent for unit 1704?

AED 135,000 a year on the contract renewed on 20 April 2020. The previous contract, from April 2019, was AED 147,000; the unit has been rented since February 2013.

How big is unit 1704?

2,751 sqft (255.6 sqm): a four-bedroom apartment on the 17th floor of a 40-storey tower completed in 2007.

What is unit 1704 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 1704, Rimal 5

Starts from the last sale price (AED 1.85M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →