3-bed · 1,925 sqftRimal 5, Jumeirah Beach Residence · 2nd floor · completed 2007

206, Rimal 5

Sold prices and rental history: sold 6 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 3.2M28 December 2023
Current rentAED 280K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Rimal 5

What is 206 worth today?

Last sold for AED 3,200,000 in 2023

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28 Dec 2023SoldReady
AED 3,200,000AED 1,662 per sqft
1 Aug 2023RentedNew contract
AED 280,000/yr12 months · AED 145 per sqft
26 Jul 2023RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
2 May 2023SoldReady
AED 2,300,000AED 1,195 per sqft
3 Sep 2022RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
3 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
3 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
1 Jul 2020SoldReady
AED 1,525,000AED 792 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
3-bed apartment
Size
1,925 sqft
Floor
2nd of 40
Parking
B180-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 3.2M · December 2023
Building
Rimal 5

About 206, Rimal 5

206 is a three-bedroom apartment of 1,925 sqft on the 2nd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 December 2023 for AED 3,200,000, or AED 1,662 per sqft, 12% above the AED 1,479 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 1 August 2023, is AED 280,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 30,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, November 2007: AED 2,500,000 (AED 1,299 per sqft)Sold by developer, November 2007: AED 699,000 (AED 363 per sqft)Sold, October 2013: AED 2,600,000 (AED 1,351 per sqft)Sold, July 2020: AED 1,525,000 (AED 792 per sqft)Sold, May 2023: AED 2,300,000 (AED 1,195 per sqft)Sold, December 2023: AED 3,200,000 (AED 1,662 per sqft)

206 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 206, each contractTypical three-bed in Rimal 5
100K200K300K2012201620202024Typical 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, April 2014: AED 185,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 170,000 a yearNew contract, May 2017: AED 160,000 a yearNew contract, August 2017: AED 185,000 a yearNew contract, August 2018: AED 160,000 a yearNew contract, September 2019: AED 113,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearRenewal, September 2022: AED 110,000 a yearNew contract, July 2023: AED 80,000 a yearNew contract, August 2023: AED 280,000 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 206 sits

All 148 3-beds →

206 last sold in December 2023 at AED 1,662 per sqft, 12% above what three-beds in Rimal 5 were fetching at the time (AED 1,479). 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. 206's AED 280,000 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 2nd floor

All 198 units in Rimal 5
Value
2013-bedAED 1.75M · Oct 2017
2023-bedAED 699K · Aug 2014
2034-bedAED 5.1M · Oct 2024
2044-bedAED 2M · Apr 2012
2053-bedAED 3.38M · Apr 2024

206, Rimal 5 in numbers

  • Sold 6 times: first on 4 November 2007 for AED 699,000, last on 28 December 2023 for AED 3,200,000 (AED 1,662 per sqft).
  • Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 185,000 to AED 80,000 in 2023 and recovered to AED 280,000 by August 2023.
  • At AED 280,000 a year the gross yield on the 2023 price is 8.8%, 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 28 December 2023.

Questions about 206, Rimal 5

What did unit 206 last sell for?

AED 3,200,000 on 28 December 2023: AED 1,662 per sqft for 1,925 sqft. The unit has 6 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 206?

AED 280,000 a year on the contract signed on 1 August 2023. The previous contract, from July 2023, was AED 80,000; the unit has been rented since April 2014.

How big is unit 206?

1,925 sqft (178.8 sqm): a three-bedroom apartment on the 2nd floor of a 40-storey tower completed in 2007.

What is unit 206 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 206, Rimal 5

Starts from the last sale price (AED 3.2M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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