3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 22nd floor · completed 2007

2201, Rimal 5

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 699K7 May 2008
Current rentAED 137K /yr16 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Rimal 5

What is 2201 worth today?

Last sold for AED 699,000 in 2008

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16 Aug 2023RentedRenewal
AED 136,500/yr12 months · AED 71 per sqft
16 Aug 2022RentedNew contract
AED 136,500/yr12 months · AED 71 per sqft
16 Aug 2021RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
16 Aug 2020RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
16 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
1 Aug 2018RentedRenewal
AED 170,000/yr12 months · AED 88 per sqft
1 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
28 May 2016RentedRenewal
AED 181,821/yr13 months · AED 94 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
22nd of 40
Parking
M087-8
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 699K · May 2008
Building
Rimal 5

About 2201, Rimal 5

2201 is a three-bedroom apartment of 1,926 sqft on the 22nd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 7 May 2008 for AED 699,000, or AED 362 per sqft, in line with the AED 362 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 16 August 2023, is AED 136,500 a year: a gross yield of 19.5% on the 2008 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, May 2008: AED 699,000 (AED 362 per sqft)

2201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, each contractTypical three-bed in Rimal 5
150K200K2012201620202024Typical 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, May 2014: AED 180,000 a yearNew contract, May 2015: AED 180,000 a yearRenewal, May 2016: AED 181,821 a yearNew contract, August 2017: AED 170,000 a yearRenewal, August 2018: AED 170,000 a yearNew contract, August 2019: AED 130,000 a yearRenewal, August 2020: AED 130,000 a yearRenewal, August 2021: AED 130,000 a yearNew contract, August 2022: AED 136,500 a yearRenewal, August 2023: AED 136,500 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 2201 sits

All 148 3-beds →

2201 last sold in May 2008 at AED 362 per sqft, in line with 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. 2201's AED 136,500 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 22nd floor

All 198 units in Rimal 5
Value
22023-bedAED 2.98M · Sep 2024
22034-bedAED 949K · Jul 2007
22044-bedAED 3.15M · Mar 2017
22053-bedAED 699K · Jul 2007
22063-bedAED 699K · Mar 2008

2201, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 7 May 2008 for AED 699,000, or AED 362 per sqft.
  • Rented since May 2014 on 10 Ejari contracts, from AED 180,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2008 price is 19.5%, 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 16 August 2023.

Questions about 2201, Rimal 5

What did unit 2201 last sell for?

AED 699,000 on 7 May 2008, sold by the developer: AED 362 per sqft for 1,926 sqft. It is the only registered sale of the unit.

What is the rent for unit 2201?

AED 136,500 a year on the contract renewed on 16 August 2023. The previous contract, from August 2022, was AED 136,500; the unit has been rented since May 2014.

How big is unit 2201?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 22nd floor of a 40-storey tower completed in 2007.

What is unit 2201 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 2201, Rimal 5

Starts from the last sale price (AED 699K, 7 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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