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3-bed · 1,928 sqftRimal 5, Jumeirah Beach Residence · 3rd floor · completed 2007

302, Rimal 5

Sold prices and rental history: sold 3 times, last in May 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 May 2008
Last soldAED 2.96M20 May 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Rimal 5

What is 302 worth today?

Last sold for AED 2,957,851 in 2008

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20 May 2008SoldReady
AED 2,957,851AED 1,533 per sqft
18 Oct 2007SoldReady
AED 800,000AED 414 per sqft
4 Oct 2007Sold by developerReady
AED 699,000AED 362 per sqft

Source: Dubai Land Department. Updated 20 May 2008.

Key facts

Type
3-bed apartment
Size
1,928 sqft
Floor
3rd of 40
Parking
B277/278
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 2.96M · May 2008
Building
Rimal 5

About 302, Rimal 5

302 is a three-bedroom apartment of 1,928 sqft on the 3rd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 May 2008 for AED 2,957,851, or AED 1,533 per sqft, 323% above the AED 362 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, 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, October 2007: AED 800,000 (AED 414 per sqft)Sold by developer, October 2007: AED 699,000 (AED 362 per sqft)Sold, May 2008: AED 2,957,851 (AED 1,533 per sqft)

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

Rents
Unit 302, 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 183,750

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 302 sits

All 148 3-beds →

302 last sold in May 2008 at AED 1,533 per sqft, 323% above 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.

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 3rd floor

All 198 units in Rimal 5
Value
3013-bedAED 3.1M · Oct 2024
3034-bedAED 475K · May 2009
3044-bedAED 3M · Jan 2014
3053-bedAED 3M · May 2023
3063-bedAED 3.35M · Mar 2022

302, Rimal 5 in numbers

  • Sold 3 times: first on 4 October 2007 for AED 699,000, last on 20 May 2008 for AED 2,957,851 (AED 1,533 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 May 2008.

Questions about 302, Rimal 5

What did unit 302 last sell for?

AED 2,957,851 on 20 May 2008: AED 1,533 per sqft for 1,928 sqft. The unit has 3 registered sales; the first was AED 699,000 in October 2007.

How big is unit 302?

1,928 sqft (179.1 sqm): a three-bedroom apartment on the 3rd floor of a 40-storey tower completed in 2007.

What is unit 302 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 302, Rimal 5

Starts from the last sale price (AED 2.96M, 20 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,957,851
Deposit, UAE resident (20%)
AED 591,570
Deposit, non-resident (40%)
AED 1,183,140
Monthly over 25 years at 3.7%
AED 12,101

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