3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 30th floor · completed 2007

3001, Rimal 5

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3001 · DLD and Ejari recordsUpdated 3 May 2021
Last soldAED 699K26 November 2008
Current rentAED 110K /yr3 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3001, Rimal 5

What is 3001 worth today?

Last sold for AED 699,000 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 May 2021RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
3 May 2020RentedRenewal
AED 125,000/yr12 months · AED 65 per sqft
3 May 2019RentedNew contract
AED 125,000/yr12 months · AED 65 per sqft
11 Jan 2019RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
11 Jan 2018RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
5 Jul 2017RentedRenewal
AED 180,000/yr12 months · AED 93 per sqft
5 Jul 2016RentedRenewal
AED 180,000/yr12 months · AED 93 per sqft
5 Jul 2015RentedRenewal
AED 175,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 3 May 2021.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
30th of 40
Parking
G105-6
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 699K · November 2008
Building
Rimal 5

About 3001, Rimal 5

3001 is a three-bedroom apartment of 1,926 sqft on the 30th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 November 2008 for AED 699,000, or AED 362 per sqft, in line with the AED 363 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 3 May 2021, is AED 110,000 a year: a gross yield of 15.7% on the 2008 price, before the service charge of about AED 30,700 a year.

Sales and rents for 3001 over time

Sales
Unit 3001, 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, November 2008: AED 699,000 (AED 362 per sqft)

3001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3001, each contractTypical three-bed in Rimal 5
100K150K200K2012201620202024Typical 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, July 2012: AED 145,000 a yearNew contract, July 2014: AED 175,000 a yearRenewal, July 2015: AED 175,000 a yearRenewal, July 2016: AED 180,000 a yearRenewal, July 2017: AED 180,000 a yearNew contract, January 2018: AED 160,000 a yearRenewal, January 2019: AED 160,000 a yearNew contract, May 2019: AED 125,000 a yearRenewal, May 2020: AED 125,000 a yearRenewal, May 2021: AED 110,000 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 3001 sits

All 148 3-beds →

3001 last sold in November 2008 at AED 362 per sqft, in line with what three-beds in Rimal 5 were fetching at the time (AED 363). 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. 3001's AED 110,000 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 30th floor

All 198 units in Rimal 5
Value
30023-bedAED 3.2M · May 2008
30033-bedAED 4.3M · Dec 2024
30043-bedAED 2.2M · Jan 2008
30053-bedAED 4M · Dec 2023
30063-bedAED 2.7M · Aug 2019

3001, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 26 November 2008 for AED 699,000, or AED 362 per sqft.
  • Rented since July 2012 on 10 Ejari contracts, from AED 145,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2008 price is 15.7%, 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 3 May 2021.

Questions about 3001, Rimal 5

What did unit 3001 last sell for?

AED 699,000 on 26 November 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 3001?

AED 110,000 a year on the contract renewed on 3 May 2021. The previous contract, from May 2020, was AED 125,000; the unit has been rented since July 2012.

How big is unit 3001?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 30th floor of a 40-storey tower completed in 2007.

What is unit 3001 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.

Selling 3001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3001, Rimal 5

Starts from the last sale price (AED 699K, 26 November 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 →