3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 23rd floor · completed 2007

2305, Rimal 5

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 3.3M11 June 2012
Current rentAED 226K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Rimal 5

What is 2305 worth today?

Last sold for AED 3,300,000 in 2012

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15 Feb 2024RentedNew contract
AED 226,435/yr19 months · AED 118 per sqft
30 Dec 2022RentedRenewal
AED 195,000/yr12 months · AED 101 per sqft
30 Dec 2021RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
2 Jun 2021RentedRenewal
AED 170,000/yr3 months · AED 89 per sqft
2 Jun 2020RentedRenewal
AED 170,000/yr12 months · AED 89 per sqft
2 Jun 2019RentedRenewal
AED 180,000/yr12 months · AED 93 per sqft
2 Jun 2018RentedNew contract
AED 180,000/yr12 months · AED 93 per sqft
18 Sep 2017RentedRenewal
AED 200,001/yr4 months · AED 104 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
23rd of 40
Parking
G123-4
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 3.3M · June 2012
Building
Rimal 5

About 2305, Rimal 5

2305 is a three-bedroom apartment of 1,926 sqft on the 23rd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 June 2012 for AED 3,300,000, or AED 1,713 per sqft, 127% above the AED 756 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 15 February 2024, is AED 226,435 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, 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, January 2008: AED 699,000 (AED 362 per sqft)Sold, June 2012: AED 3,300,000 (AED 1,713 per sqft)

2305 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2305, 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, September 2013: AED 195,000 a yearRenewal, September 2014: AED 204,750 a yearRenewal, September 2015: AED 204,750 a yearNew contract, September 2016: AED 200,000 a yearRenewal, September 2017: AED 200,001 a yearNew contract, June 2018: AED 180,000 a yearRenewal, June 2019: AED 180,000 a yearRenewal, June 2020: AED 170,000 a yearRenewal, June 2021: AED 170,000 a yearNew contract, December 2021: AED 175,000 a yearRenewal, December 2022: AED 195,000 a yearNew contract, February 2024: AED 226,435 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 2305 sits

All 148 3-beds →

2305 last sold in June 2012 at AED 1,713 per sqft, 127% above what three-beds in Rimal 5 were fetching at the time (AED 756). 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. 2305's AED 226,435 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 23rd floor

All 198 units in Rimal 5
Value
23013-bedAED 699K · Apr 2008
23023-bedAED 2.55M · Aug 2023
23034-bedAED 949K · Nov 2013
23044-bedAED 3.3M · Jul 2023
23063-bedAED 3M · Nov 2012

2305, Rimal 5 in numbers

  • Sold twice: first on 15 January 2008 for AED 699,000, last on 11 June 2012 for AED 3,300,000 (AED 1,713 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 195,000 to AED 170,000 in 2021 and recovered to AED 226,435 by February 2024.
  • At AED 226,435 a year the gross yield on the 2012 price is 6.9%, 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 15 February 2024.

Questions about 2305, Rimal 5

What did unit 2305 last sell for?

AED 3,300,000 on 11 June 2012: AED 1,713 per sqft for 1,926 sqft. The unit has 2 registered sales; the first was AED 699,000 in January 2008.

What is the rent for unit 2305?

AED 226,435 a year on the contract signed on 15 February 2024. The previous contract, from December 2022, was AED 195,000; the unit has been rented since September 2013.

How big is unit 2305?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.

What is unit 2305 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 2305, Rimal 5

Starts from the last sale price (AED 3.3M, 11 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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