3-bed · 1,925 sqftRimal 5, Jumeirah Beach Residence · 20th floor · completed 2007

2002, Rimal 5

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 2M24 October 2007
Current rentAED 158K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Rimal 5

What is 2002 worth today?

Last sold for AED 2,000,000 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 May 2024RentedRenewal
AED 158,000/yr12 months · AED 82 per sqft
25 May 2023RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
25 May 2022RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
17 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 49 per sqft
17 Mar 2020RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
17 Mar 2019RentedRenewal
AED 148,000/yr12 months · AED 77 per sqft
17 Mar 2018RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
24 Oct 2007SoldReady
AED 2,000,000AED 1,038 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
3-bed apartment
Size
1,925 sqft
Floor
20th of 40
Parking
B240-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2M · October 2007
Building
Rimal 5

About 2002, Rimal 5

2002 is a three-bedroom apartment of 1,925 sqft on the 20th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 October 2007 for AED 2,000,000, or AED 1,038 per sqft, 187% above the AED 362 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 158,000 a year: a gross yield of 7.9% on the 2007 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical three-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,300,000; 2010 AED 2,000,000; 2011 AED 1,500,000; 2012 AED 1,800,000; 2013 AED 1,075,000; 2014 AED 1,679,500; 2015 AED 2,500,000; 2016 AED 2,700,000; 2017 AED 2,175,000; 2018 AED 2,800,000; 2019 AED 1,825,000; 2020 AED 1,520,000; 2021 AED 3,300,000; 2022 AED 2,525,000; 2023 AED 2,950,000; 2024 AED 3,240,000; 2025 AED 4,575,000Sold by developer, August 2007: AED 699,000 (AED 363 per sqft)Sold, October 2007: AED 2,000,000 (AED 1,038 per sqft)

2002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2002, each contractTypical three-bed in Rimal 5
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 155,000; 2014 AED 175,000; 2015 AED 175,500; 2016 AED 178,200; 2017 AED 175,000; 2018 AED 166,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 126,000; 2022 AED 138,250; 2023 AED 160,650; 2024 AED 185,000; 2025 AED 192,000; 2026 AED 183,750New contract, March 2018: AED 150,000 a yearRenewal, March 2019: AED 148,000 a yearRenewal, March 2020: AED 130,000 a yearRenewal, March 2021: AED 95,000 a yearNew contract, May 2022: AED 135,000 a yearRenewal, May 2023: AED 135,000 a yearRenewal, May 2024: AED 158,000 a year

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 2002 sits

All 148 3-beds →

2002 last sold in October 2007 at AED 1,038 per sqft, 187% above what three-beds in Rimal 5 were fetching at the time (AED 362). 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. 2002's AED 158,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20264,950,000
22 Dec 20254,900,000
19 Dec 20255,000,000
15 Dec 20255,050,000
4 3-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 20th floor

All 198 units in Rimal 5
Value
20013-bedAED 2.12M · Apr 2013
20034-bedAED 3.3M · Aug 2011
20044-bedAED 1.91M · Sep 2008
20053-bedAED 4M · Aug 2022
20063-bedAED 699K · Sep 2007

2002, Rimal 5 in numbers

  • Sold twice: first on 2 August 2007 for AED 699,000, last on 24 October 2007 for AED 2,000,000 (AED 1,038 per sqft).
  • Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2021 and recovered to AED 158,000 by May 2024.
  • At AED 158,000 a year the gross yield on the 2007 price is 7.9%, 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 25 May 2024.

Questions about 2002, Rimal 5

What did unit 2002 last sell for?

AED 2,000,000 on 24 October 2007: AED 1,038 per sqft for 1,925 sqft. The unit has 2 registered sales; the first was AED 699,000 in August 2007.

What is the rent for unit 2002?

AED 158,000 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 135,000; the unit has been rented since March 2018.

How big is unit 2002?

1,925 sqft (178.8 sqm): a three-bedroom apartment on the 20th floor of a 40-storey tower completed in 2007.

What is unit 2002 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.

Selling 2002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2002, Rimal 5

Starts from the last sale price (AED 2M, 24 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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