3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Rimal 5

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 699K3 January 2008
Current rentAED 180K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Rimal 5

What is 2702 worth today?

Last sold for AED 699,000 in 2008

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1 Aug 2024RentedNew contract
AED 180,000/yr12 months · AED 93 per sqft
11 Sep 2023RentedNew contract
AED 185,000/yr12 months · AED 96 per sqft
10 Sep 2022RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
10 Apr 2022RentedRenewal
AED 120,000/yr12 months · AED 62 per sqft
10 Mar 2021RentedRenewal
AED 130,000/yr13 months · AED 67 per sqft
10 Mar 2020RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
5 Sep 2019RentedRenewal
AED 156,319/yr3 months · AED 81 per sqft
5 Sep 2018RentedNew contract
AED 158,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
27th of 40
Parking
B229-30
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 699K · January 2008
Building
Rimal 5

About 2702, Rimal 5

2702 is a three-bedroom apartment of 1,926 sqft on the 27th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 3 January 2008 for AED 699,000, or AED 362 per sqft, in line with the AED 362 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 August 2024, is AED 180,000 a year: a gross yield of 25.8% on the 2008 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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)

2702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2702, 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, March 2017: AED 175,000 a yearNew contract, September 2018: AED 158,000 a yearRenewal, September 2019: AED 156,319 a yearNew contract, March 2020: AED 135,000 a yearRenewal, March 2021: AED 130,000 a yearRenewal, April 2022: AED 120,000 a yearNew contract, September 2022: AED 170,000 a yearNew contract, September 2023: AED 185,000 a yearNew contract, August 2024: AED 180,000 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 2702 sits

All 148 3-beds →

2702 last sold in January 2008 at AED 362 per sqft, in line with what three-beds in Rimal 5 were fetching at the time (AED 362). 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. 2702's AED 180,000 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 27th floor

All 198 units in Rimal 5
Value
27013-bedAED 699K · Jan 2013
27033-bedAED 425K · Mar 2008
27043-bedAED 2.6M · Mar 2017
27053-bedAED 4.5M · Sep 2025
27063-bedAED 699K · Jun 2011

2702, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 3 January 2008 for AED 699,000, or AED 362 per sqft.
  • Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2022 and recovered to AED 180,000 by August 2024.
  • At AED 180,000 a year the gross yield on the 2008 price is 25.8%, 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 1 August 2024.

Questions about 2702, Rimal 5

What did unit 2702 last sell for?

AED 699,000 on 3 January 2008, sold by the developer: AED 362 per sqft for 1,926 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 180,000 a year on the contract signed on 1 August 2024. The previous contract, from September 2023, was AED 185,000; the unit has been rented since March 2017.

How big is unit 2702?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 27th floor of a 40-storey tower completed in 2007.

What is unit 2702 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 2702, Rimal 5

Starts from the last sale price (AED 699K, 3 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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