4-bed · 2,714 sqftRimal 5, Jumeirah Beach Residence · 25th floor · completed 2007

2504, Rimal 5

Sold prices and rental history: sold 3 times, last in January 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 3.1M22 January 2019
Current rentAED 233K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Rimal 5

What is 2504 worth today?

Last sold for AED 3,100,000 in 2019

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9 Sep 2024RentedNew contract
AED 232,500/yr26 months · AED 86 per sqft
15 Nov 2023RentedNew contract
AED 230,000/yr36 months · AED 85 per sqft
20 Jul 2022RentedRenewal
AED 161,000/yr12 months · AED 59 per sqft
20 Jul 2021RentedRenewal
AED 140,000/yr12 months · AED 52 per sqft
20 Jul 2020RentedRenewal
AED 140,000/yr12 months · AED 52 per sqft
20 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
22 Jan 2019SoldReady
AED 3,100,000AED 1,142 per sqft
5 Jan 2012SoldReady
AED 2,190,000AED 806 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
4-bed apartment
Size
2,714 sqft
Floor
25th of 40
Parking
B231-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,300 /yr
Last sold
AED 3.1M · January 2019
Building
Rimal 5

About 2504, Rimal 5

2504 is a four-bedroom apartment of 2,714 sqft on the 25th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 January 2019 for AED 3,100,000, or AED 1,142 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 9 September 2024, is AED 232,500 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 43,300 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, October 2007: AED 949,000 (AED 349 per sqft)Sold, January 2012: AED 2,190,000 (AED 806 per sqft)Sold, January 2019: AED 3,100,000 (AED 1,142 per sqft)

2504 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2504, 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, July 2019: AED 140,000 a yearRenewal, July 2020: AED 140,000 a yearRenewal, July 2021: AED 140,000 a yearRenewal, July 2022: AED 161,000 a yearNew contract, November 2023: AED 230,000 a yearNew contract, September 2024: AED 232,500 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 2504 sits

All 48 4-beds →

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. 2504's AED 232,500 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 25th floor

All 198 units in Rimal 5
Value
25013-bedAED 1.8M · Dec 2019
25023-bedAED 1.6M · Jun 2009
25034-bedAED 949K · Jan 2011
25053-bedAED 3.6M · Dec 2021
25063-bedAED 699K · Dec 2007

2504, Rimal 5 in numbers

  • Sold 3 times: first on 15 October 2007 for AED 949,000, last on 22 January 2019 for AED 3,100,000 (AED 1,142 per sqft).
  • Rented since July 2019 on 6 Ejari contracts, from AED 140,000 to AED 232,500 a year.
  • At AED 232,500 a year the gross yield on the 2019 price is 7.5%, 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 9 September 2024.

Questions about 2504, Rimal 5

What did unit 2504 last sell for?

AED 3,100,000 on 22 January 2019: AED 1,142 per sqft for 2,714 sqft. The unit has 3 registered sales; the first was AED 949,000 in October 2007.

What is the rent for unit 2504?

AED 232,500 a year on the contract signed on 9 September 2024. The previous contract, from November 2023, was AED 230,000; the unit has been rented since July 2019.

How big is unit 2504?

2,714 sqft (252.1 sqm): a four-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.

What is unit 2504 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 2504, Rimal 5

Starts from the last sale price (AED 3.1M, 22 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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