3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 25th floor · completed 2007

2505, Rimal 5

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2505 · DLD and Ejari recordsUpdated 14 December 2021
Last soldAED 3.6M14 December 2021
Current rentAED 177K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2505, Rimal 5

What is 2505 worth today?

Last sold for AED 3,600,000 in 2021

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14 Dec 2021SoldReady
AED 3,600,000AED 1,869 per sqft
25 Jul 2021RentedRenewal
AED 177,000/yr12 months · AED 92 per sqft
25 Jul 2020RentedRenewal
AED 177,000/yr12 months · AED 92 per sqft
25 Jul 2019RentedRenewal
AED 190,000/yr12 months · AED 99 per sqft
25 Jul 2018RentedRenewal
AED 200,000/yr12 months · AED 104 per sqft
25 Jul 2017RentedNew contract
AED 210,000/yr12 months · AED 109 per sqft
1 Aug 2016RentedNew contract
AED 220,000/yr12 months · AED 114 per sqft
10 Apr 2015RentedNew contract
AED 216,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 14 December 2021.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
25th of 40
Parking
G102/108
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 3.6M · December 2021
Building
Rimal 5

About 2505, Rimal 5

2505 is a three-bedroom apartment of 1,926 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 14 December 2021 for AED 3,600,000, or AED 1,869 per sqft, 37% above the AED 1,364 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 July 2021, is AED 177,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2505 over time

Sales
Unit 2505, 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, July 2007: AED 699,000 (AED 362 per sqft)Sold, December 2021: AED 3,600,000 (AED 1,869 per sqft)

2505 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2505, 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, April 2014: AED 216,000 a yearNew contract, April 2015: AED 216,000 a yearNew contract, August 2016: AED 220,000 a yearNew contract, July 2017: AED 210,000 a yearRenewal, July 2018: AED 200,000 a yearRenewal, July 2019: AED 190,000 a yearRenewal, July 2020: AED 177,000 a yearRenewal, July 2021: AED 177,000 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 2505 sits

All 148 3-beds →

2505 last sold in December 2021 at AED 1,869 per sqft, 37% above what three-beds in Rimal 5 were fetching at the time (AED 1,364). 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. 2505's AED 177,000 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 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
25044-bedAED 3.1M · Jan 2019
25063-bedAED 699K · Dec 2007

2505, Rimal 5 in numbers

  • Sold twice: first on 15 July 2007 for AED 699,000, last on 14 December 2021 for AED 3,600,000 (AED 1,869 per sqft).
  • Rented since April 2014 on 8 Ejari contracts, from AED 216,000 to AED 177,000 a year.
  • At AED 177,000 a year the gross yield on the 2021 price is 4.9%, 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 14 December 2021.

Questions about 2505, Rimal 5

What did unit 2505 last sell for?

AED 3,600,000 on 14 December 2021: AED 1,869 per sqft for 1,926 sqft. The unit has 2 registered sales; the first was AED 699,000 in July 2007.

What is the rent for unit 2505?

AED 177,000 a year on the contract renewed on 25 July 2021. The previous contract, from July 2020, was AED 177,000; the unit has been rented since April 2014.

How big is unit 2505?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.

What is unit 2505 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 2505, Rimal 5

Starts from the last sale price (AED 3.6M, 14 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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