3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 20th floor · completed 2007

2005, Rimal 5

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 8 August 2022
Last soldAED 4M8 August 2022
Current rentAED 200K /yr26 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Rimal 5

What is 2005 worth today?

Last sold for AED 4,000,000 in 2022

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8 Aug 2022SoldReady
AED 4,000,000AED 2,077 per sqft
26 Mar 2022RentedNew contract
AED 200,000/yr12 months · AED 104 per sqft
16 Jun 2021RentedRenewal
AED 180,000/yr12 months · AED 93 per sqft
16 Jun 2020RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
16 Jun 2019RentedRenewal
AED 190,000/yr12 months · AED 99 per sqft
16 Jun 2018RentedNew contract
AED 185,000/yr12 months · AED 96 per sqft
15 Feb 2017RentedNew contract
AED 200,000/yr12 months · AED 104 per sqft
1 May 2016RentedNew contract
AED 220,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 8 August 2022.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
20th of 40
Parking
M073-4
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 4M · August 2022
Building
Rimal 5

About 2005, Rimal 5

2005 is a three-bedroom apartment of 1,926 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 8 August 2022 for AED 4,000,000, or AED 2,077 per sqft, 45% above the AED 1,435 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 26 March 2022, is AED 200,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, April 2008: AED 699,000 (AED 362 per sqft)Sold, October 2010: AED 2,550,000 (AED 1,324 per sqft)Sold, August 2022: AED 4,000,000 (AED 2,077 per sqft)

2005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2005, each contractTypical three-bed in Rimal 5
200K2012201620202024Typical 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, January 2013: AED 210,000 a yearNew contract, January 2014: AED 210,000 a yearNew contract, January 2015: AED 250,000 a yearNew contract, May 2016: AED 220,000 a yearNew contract, February 2017: AED 200,000 a yearNew contract, June 2018: AED 185,000 a yearRenewal, June 2019: AED 190,000 a yearNew contract, June 2020: AED 175,000 a yearRenewal, June 2021: AED 180,000 a yearNew contract, March 2022: AED 200,000 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 2005 sits

All 148 3-beds →

2005 last sold in August 2022 at AED 2,077 per sqft, 45% above what three-beds in Rimal 5 were fetching at the time (AED 1,435). 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. 2005's AED 200,000 is in the upper 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
20023-bedAED 2M · Oct 2007
20034-bedAED 3.3M · Aug 2011
20044-bedAED 1.91M · Sep 2008
20063-bedAED 699K · Sep 2007

2005, Rimal 5 in numbers

  • Sold 3 times: first on 28 April 2008 for AED 699,000, last on 8 August 2022 for AED 4,000,000 (AED 2,077 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 210,000 to AED 175,000 in 2020 and recovered to AED 200,000 by March 2022.
  • At AED 200,000 a year the gross yield on the 2022 price is 5.0%, 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 8 August 2022.

Questions about 2005, Rimal 5

What did unit 2005 last sell for?

AED 4,000,000 on 8 August 2022: AED 2,077 per sqft for 1,926 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2008.

What is the rent for unit 2005?

AED 200,000 a year on the contract signed on 26 March 2022. The previous contract, from June 2021, was AED 180,000; the unit has been rented since January 2013.

How big is unit 2005?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 20th floor of a 40-storey tower completed in 2007.

What is unit 2005 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 2005, Rimal 5

Starts from the last sale price (AED 4M, 8 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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