3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Rimal 5

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 20 February 2017
Last soldAED 2.7M6 October 2016
Current rentAED 168K /yr20 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Rimal 5

What is 2901 worth today?

Last sold for AED 2,700,000 in 2016

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20 Feb 2017RentedNew contract
AED 167,750/yr8 months · AED 87 per sqft
6 Oct 2016SoldReady
AED 2,700,000AED 1,402 per sqft
20 Feb 2016RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
10 Sep 2015RentedRenewal
AED 177,450/yr6 months · AED 92 per sqft
10 Sep 2014RentedNew contract
AED 169,000/yr12 months · AED 88 per sqft
10 Sep 2013RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
18 Aug 2011Sold by developerReady
AED 699,000AED 362 per sqft

Source: Dubai Land Department. Updated 20 February 2017.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
29th of 40
Parking
G182-3
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2.7M · October 2016
Building
Rimal 5

About 2901, Rimal 5

2901 is a three-bedroom apartment of 1,926 sqft on the 29th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 October 2016 for AED 2,700,000, or AED 1,402 per sqft, in line with the AED 1,425 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 February 2017, is AED 167,750 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 30,700 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, August 2011: AED 699,000 (AED 362 per sqft)Sold, October 2016: AED 2,700,000 (AED 1,402 per sqft)

2901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, 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 155,000 a yearNew contract, September 2014: AED 169,000 a yearRenewal, September 2015: AED 177,450 a yearNew contract, February 2016: AED 170,000 a yearNew contract, February 2017: AED 167,750 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 2901 sits

All 148 3-beds →

2901 last sold in October 2016 at AED 1,402 per sqft, in line with what three-beds in Rimal 5 were fetching at the time (AED 1,425). 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. 2901's AED 167,750 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 29th floor

All 198 units in Rimal 5
Value
29023-bedAED 2.93M · Jan 2025
29033-bedAED 850K · Apr 2008
29043-bedAED 850K · Jul 2007
29053-bedAED 699K · Aug 2008
29063-bedAED 4M · Feb 2025

2901, Rimal 5 in numbers

  • Sold twice: first on 18 August 2011 for AED 699,000, last on 6 October 2016 for AED 2,700,000 (AED 1,402 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 155,000 to AED 167,750 a year.
  • At AED 167,750 a year the gross yield on the 2016 price is 6.2%, 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 20 February 2017.

Questions about 2901, Rimal 5

What did unit 2901 last sell for?

AED 2,700,000 on 6 October 2016: AED 1,402 per sqft for 1,926 sqft. The unit has 2 registered sales; the first was AED 699,000 in August 2011.

What is the rent for unit 2901?

AED 167,750 a year on the contract signed on 20 February 2017. The previous contract, from February 2016, was AED 170,000; the unit has been rented since September 2013.

How big is unit 2901?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 29th floor of a 40-storey tower completed in 2007.

What is unit 2901 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 2901, Rimal 5

Starts from the last sale price (AED 2.7M, 6 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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