4-bed · 2,715 sqftRimal 5, Jumeirah Beach Residence · 25th floor · completed 2007

2503, Rimal 5

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 26 February 2023
Last soldAED 949K30 January 2011
Current rentAED 173K /yr26 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Rimal 5

What is 2503 worth today?

Last sold for AED 949,000 in 2011

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26 Feb 2023RentedRenewal
AED 173,250/yr12 months · AED 64 per sqft
26 Feb 2022RentedRenewal
AED 165,000/yr12 months · AED 61 per sqft
26 Feb 2021RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
1 Sep 2019RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
23 Oct 2018RentedRenewal
AED 240,000/yr9 months · AED 88 per sqft
23 Oct 2017RentedRenewal
AED 240,000/yr12 months · AED 88 per sqft
23 Oct 2016RentedNew contract
AED 240,000/yr12 months · AED 88 per sqft
30 Jan 2011Sold by developerReady
AED 949,000AED 349 per sqft

Source: Dubai Land Department. Updated 26 February 2023.

Key facts

Type
4-bed apartment
Size
2,715 sqft
Floor
25th of 40
Parking
G109-10
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,300 /yr
Last sold
AED 949K · January 2011
Building
Rimal 5

About 2503, Rimal 5

2503 is a four-bedroom apartment of 2,715 sqft on the 25th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 January 2011 for AED 949,000, or AED 349 per sqft, in line with the AED 345 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 26 February 2023, is AED 173,250 a year: a gross yield of 18.3% on the 2011 price, before the service charge of about AED 43,300 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, January 2011: AED 949,000 (AED 349 per sqft)

2503 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2503, 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, October 2016: AED 240,000 a yearRenewal, October 2017: AED 240,000 a yearRenewal, October 2018: AED 240,000 a yearNew contract, September 2019: AED 190,000 a yearNew contract, February 2021: AED 160,000 a yearRenewal, February 2022: AED 165,000 a yearRenewal, February 2023: AED 173,250 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 2503 sits

All 48 4-beds →

2503 last sold in January 2011 at AED 349 per sqft, in line with what four-beds in Rimal 5 were fetching at the time (AED 345). 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. 2503's AED 173,250 is at the bottom 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 25th floor

All 198 units in Rimal 5
Value
25013-bedAED 1.8M · Dec 2019
25023-bedAED 1.6M · Jun 2009
25044-bedAED 3.1M · Jan 2019
25053-bedAED 3.6M · Dec 2021
25063-bedAED 699K · Dec 2007

2503, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 30 January 2011 for AED 949,000, or AED 349 per sqft.
  • Rented since October 2016 on 7 Ejari contracts, from AED 240,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2011 price is 18.3%, before a service charge of about AED 43,300 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 26 February 2023.

Questions about 2503, Rimal 5

What did unit 2503 last sell for?

AED 949,000 on 30 January 2011, sold by the developer: AED 349 per sqft for 2,715 sqft. It is the only registered sale of the unit.

What is the rent for unit 2503?

AED 173,250 a year on the contract renewed on 26 February 2023. The previous contract, from February 2022, was AED 165,000; the unit has been rented since October 2016.

How big is unit 2503?

2,715 sqft (252.2 sqm): a four-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.

What is unit 2503 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 2503, Rimal 5

Starts from the last sale price (AED 949K, 30 January 2011). 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 →