4-bed · 1,330 sqftRimal 5, Jumeirah Beach Residence · 22nd floor · completed 2007

2203, Rimal 5

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 949K26 July 2007
Current rentAED 231K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Rimal 5

What is 2203 worth today?

Last sold for AED 949,000 in 2007

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1 Aug 2024RentedRenewal
AED 231,342/yr6 months · AED 174 per sqft
1 Aug 2023RentedRenewal
AED 210,000/yr12 months · AED 158 per sqft
1 Aug 2022RentedRenewal
AED 210,000/yr12 months · AED 158 per sqft
1 Aug 2021RentedRenewal
AED 210,000/yr12 months · AED 158 per sqft
1 Aug 2020RentedRenewal
AED 210,000/yr12 months · AED 158 per sqft
1 Aug 2019RentedNew contract
AED 220,000/yr12 months · AED 165 per sqft
1 Aug 2018RentedRenewal
AED 225,000/yr12 months · AED 169 per sqft
1 Aug 2017RentedRenewal
AED 225,000/yr12 months · AED 169 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
4-bed apartment
Size
1,330 sqft
Floor
22nd of 40
Parking
M081-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 949K · July 2007
Building
Rimal 5

About 2203, Rimal 5

2203 is a four-bedroom apartment of 1,330 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 26 July 2007 for AED 949,000, or AED 713 per sqft, 101% above the AED 354 four-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 1 August 2024, is AED 231,342 a year: a gross yield of 24.4% on the 2007 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical four-bed in Rimal 5
2M4M2007201220172022Typical 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, July 2007: AED 949,000 (AED 713 per sqft)

2203 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2203, 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, August 2014: AED 225,000 a yearRenewal, August 2015: AED 225,000 a yearRenewal, August 2017: AED 225,000 a yearRenewal, August 2018: AED 225,000 a yearNew contract, August 2019: AED 220,000 a yearRenewal, August 2020: AED 210,000 a yearRenewal, August 2021: AED 210,000 a yearRenewal, August 2022: AED 210,000 a yearRenewal, August 2023: AED 210,000 a yearRenewal, August 2024: AED 231,342 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 2203 sits

All 48 4-beds →

2203 last sold in July 2007 at AED 713 per sqft, 101% above what four-beds in Rimal 5 were fetching at the time (AED 354). 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. 2203's AED 231,342 is in the upper half 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 22nd floor

All 198 units in Rimal 5
Value
22013-bedAED 699K · May 2008
22023-bedAED 2.98M · Sep 2024
22044-bedAED 3.15M · Mar 2017
22053-bedAED 699K · Jul 2007
22063-bedAED 699K · Mar 2008

2203, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 26 July 2007 for AED 949,000, or AED 713 per sqft.
  • Rented since August 2014 on 10 Ejari contracts, from AED 225,000 to AED 231,342 a year.
  • At AED 231,342 a year the gross yield on the 2007 price is 24.4%, before a service charge of about AED 21,200 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 1 August 2024.

Questions about 2203, Rimal 5

What did unit 2203 last sell for?

AED 949,000 on 26 July 2007, sold by the developer: AED 713 per sqft for 1,330 sqft. It is the only registered sale of the unit.

What is the rent for unit 2203?

AED 231,342 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 210,000; the unit has been rented since August 2014.

How big is unit 2203?

1,330 sqft (123.6 sqm): a four-bedroom apartment on the 22nd floor of a 40-storey tower completed in 2007.

What is unit 2203 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 2203, Rimal 5

Starts from the last sale price (AED 949K, 26 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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