503, Rimal 5
Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Rimal 5
What is 503 worth today?
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Source: Dubai Land Department. Updated 7 September 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 2,679 sqft
- Floor
- 5th of 40
- Parking
- M200-1
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 42,700 /yr
- Last sold
- AED 4.9M · September 2021
- Building
- Rimal 5
About 503, Rimal 5
503 is a four-bedroom apartment of 2,679 sqft on the 5th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 September 2021 for AED 4,900,000, or AED 1,829 per sqft, 87% above the AED 976 four-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 January 2020, is AED 150,000 a year: a gross yield of 3.1% on the 2021 price, before the service charge of about AED 42,700 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the four-bed median of each year in the building.
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 503 sits
All 48 4-beds →503 last sold in September 2021 at AED 1,829 per sqft, 87% above what four-beds in Rimal 5 were fetching at the time (AED 976). 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. 503's AED 150,000 is at the bottom of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 2,751 sqft | 3,300,000 | 1,199 | ||
| 9 Feb 20269 February 2026 | 2,674 sqft | 4,927,429 | 1,842 | ||
| 17 Dec 202517 December 2025 | 2,714 sqft | 4,142,917 | 1,526 | ||
| 22 Sep 202522 September 2025 | 2,715 sqft | 5,900,000 | 2,173 |
Rimal 5
Building198 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%
Other units on the 5th floor
All 198 units in Rimal 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,923 sqft | AED 699KAED 699,000 · Dec 2007December 2007 | 145,000 /yr | |
| 502 | 3-bed | 1,928 sqft | AED 1.17MAED 1,165,000 · Oct 2007October 2007 | 154,000 /yr | |
| 504 | 4-bed | 2,674 sqft | AED 3.1MAED 3,100,000 · Dec 2023December 2023 | 173,250 /yr | |
| 505 | 3-bed | 1,925 sqft | AED 2.3MAED 2,300,000 · Mar 2021March 2021 | 130,000 /yr | |
| 506 | 3-bed | 1,925 sqft | AED 3.08MAED 3,075,000 · Mar 2023March 2023 |
503, Rimal 5 in numbers
- Sold 3 times: first on 21 February 2008 for AED 949,000, last on 7 September 2021 for AED 4,900,000 (AED 1,829 per sqft).
- Rented since January 2016 on 5 Ejari contracts, from AED 196,350 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2021 price is 3.1%, 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 7 September 2021.
Questions about 503, Rimal 5
What did unit 503 last sell for?
AED 4,900,000 on 7 September 2021: AED 1,829 per sqft for 2,679 sqft. The unit has 3 registered sales; the first was AED 949,000 in February 2008.
What is the rent for unit 503?
AED 150,000 a year on the contract renewed on 15 January 2020. The previous contract, from January 2019, was AED 165,000; the unit has been rented since January 2016.
How big is unit 503?
2,679 sqft (248.9 sqm): a four-bedroom apartment on the 5th floor of a 40-storey tower completed in 2007.
What is unit 503 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 503, Rimal 5
Starts from the last sale price (AED 4.9M, 7 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,900,000
- Deposit, UAE resident (20%)
- AED 980,000
- Deposit, non-resident (40%)
- AED 1,960,000
- Monthly over 25 years at 3.7%
- AED 20,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →