4-bed · 2,679 sqftRimal 5, Jumeirah Beach Residence · 4th floor · completed 2007

403, Rimal 5

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

Unit 403 · DLD and Ejari recordsUpdated 16 December 2015
Last soldAED 949K17 March 2008
Current rentAED 205K /yr16 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Rimal 5

What is 403 worth today?

Last sold for AED 949,000 in 2008

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16 Dec 2015RentedRenewal
AED 205,000/yr12 months · AED 76 per sqft
16 Dec 2014RentedRenewal
AED 230,000/yr12 months · AED 86 per sqft
16 Dec 2013RentedNew contract
AED 230,000/yr12 months · AED 86 per sqft
16 Dec 2012RentedNew contract
AED 213,000/yr12 months · AED 79 per sqft
17 Mar 2008Sold by developerReady
AED 949,000AED 354 per sqft

Source: Dubai Land Department. Updated 16 December 2015.

Key facts

Type
4-bed apartment
Size
2,679 sqft
Floor
4th of 40
Parking
B174-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 42,700 /yr
Last sold
AED 949K · March 2008
Building
Rimal 5

About 403, Rimal 5

403 is a four-bedroom apartment of 2,679 sqft on the 4th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 March 2008 for AED 949,000, or AED 354 per sqft, in line with the AED 354 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 16 December 2015, is AED 205,000 a year: a gross yield of 21.6% on the 2008 price, before the service charge of about AED 42,700 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical four-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 1,427,000; 2011 AED 2,300,000; 2012 AED 2,407,000; 2013 AED 949,000; 2014 AED 3,275,000; 2015 AED 3,000,000; 2021 AED 3,000,000; 2023 AED 3,200,000; 2024 AED 4,450,000Sold by developer, March 2008: AED 949,000 (AED 354 per sqft)

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

Rents
Unit 403, each contractTypical four-bed in Rimal 5
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 189,000; 2014 AED 208,950; 2015 AED 215,000; 2016 AED 215,000; 2017 AED 211,399; 2018 AED 202,375; 2019 AED 175,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 178,000; 2023 AED 199,755; 2024 AED 220,000; 2025 AED 245,000; 2026 AED 233,500New contract, December 2012: AED 213,000 a yearNew contract, December 2013: AED 230,000 a yearRenewal, December 2014: AED 230,000 a yearRenewal, December 2015: AED 205,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Rimal 5, and where 403 sits

All 48 4-beds →

403 last sold in March 2008 at AED 354 per sqft, in line with what four-beds in Rimal 5 were fetching at the time (AED 354). Over the last 12 months four-beds sold for AED 3,300,000 to 4,927,429, around AED 1,526 per sqft, and rent for AED 180,000 to 270,000 a year. 403's AED 205,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Jul 20263,300,000
9 Feb 20264,927,429
17 Dec 20254,142,917
22 Sep 20255,900,000
3 4-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 4th floor

All 198 units in Rimal 5
Value
4013-bedAED 2.24M · Jul 2022
4023-bedAED 1.85M · Mar 2019
4044-bedAED 3.9M · Aug 2024
4053-bedAED 699K · Mar 2008
4063-bedAED 699K · Mar 2008

403, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 17 March 2008 for AED 949,000, or AED 354 per sqft.
  • Rented since December 2012 on 4 Ejari contracts, from AED 213,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2008 price is 21.6%, before a service charge of about AED 42,700 a year (AED 15.95 per sqft).
  • Four-beds in Rimal 5 sold for AED 3,300,000–4,927,429 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 16 December 2015.

Questions about 403, Rimal 5

What did unit 403 last sell for?

AED 949,000 on 17 March 2008, sold by the developer: AED 354 per sqft for 2,679 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 205,000 a year on the contract renewed on 16 December 2015. The previous contract, from December 2014, was AED 230,000; the unit has been rented since December 2012.

How big is unit 403?

2,679 sqft (248.9 sqm): a four-bedroom apartment on the 4th floor of a 40-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Rimal 5 sold for AED 3,300,000 to 4,927,429 in the last 12 months, around AED 1,526 per sqft.

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Mortgage on 403, Rimal 5

Starts from the last sale price (AED 949K, 17 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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