4-bed · 2,674 sqftRimal 5, Jumeirah Beach Residence · 5th floor · completed 2007

504, Rimal 5

Sold prices and rental history: sold 3 times, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 3.1M21 December 2023
Current rentAED 173K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Rimal 5

What is 504 worth today?

Last sold for AED 3,100,000 in 2023

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21 Dec 2023SoldReady
AED 3,100,000AED 1,159 per sqft
5 Oct 2022RentedRenewal
AED 173,250/yr12 months · AED 65 per sqft
5 Oct 2021RentedNew contract
AED 165,000/yr12 months · AED 62 per sqft
15 Sep 2021RentedNew contract
AED 165,000/yr12 months · AED 62 per sqft
15 Dec 2015SoldReady
AED 3,400,000AED 1,271 per sqft
31 May 2011Sold by developerReady
AED 2,100,000AED 785 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
4-bed apartment
Size
2,674 sqft
Floor
5th of 40
Parking
B369-70
Developer
Dubai Properties
Completed
2007
Service charge
AED 42,600 /yr
Last sold
AED 3.1M · December 2023
Building
Rimal 5

About 504, Rimal 5

504 is a four-bedroom apartment of 2,674 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 21 December 2023 for AED 3,100,000, or AED 1,159 per sqft, in line with the AED 1,188 four-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 173,250 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 42,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, May 2011: AED 2,100,000 (AED 785 per sqft)Sold, December 2015: AED 3,400,000 (AED 1,271 per sqft)Sold, December 2023: AED 3,100,000 (AED 1,159 per sqft)

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

Rents
Unit 504, 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, September 2021: AED 165,000 a yearNew contract, October 2021: AED 165,000 a yearRenewal, October 2022: AED 173,250 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 504 sits

All 48 4-beds →

504 last sold in December 2023 at AED 1,159 per sqft, in line with what four-beds in Rimal 5 were fetching at the time (AED 1,188). 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. 504's AED 173,250 is at the bottom 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 5th floor

All 198 units in Rimal 5
Value
5013-bedAED 699K · Dec 2007
5023-bedAED 1.17M · Oct 2007
5034-bedAED 4.9M · Sep 2021
5053-bedAED 2.3M · Mar 2021
5063-bedAED 3.08M · Mar 2023

504, Rimal 5 in numbers

  • Sold 3 times: first on 31 May 2011 for AED 2,100,000, last on 21 December 2023 for AED 3,100,000 (AED 1,159 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 165,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 42,600 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 21 December 2023.

Questions about 504, Rimal 5

What did unit 504 last sell for?

AED 3,100,000 on 21 December 2023: AED 1,159 per sqft for 2,674 sqft. The unit has 3 registered sales; the first was AED 2,100,000 in May 2011.

What is the rent for unit 504?

AED 173,250 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 165,000; the unit has been rented since September 2021.

How big is unit 504?

2,674 sqft (248.4 sqm): a four-bedroom apartment on the 5th floor of a 40-storey tower completed in 2007.

What is unit 504 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 504, Rimal 5

Starts from the last sale price (AED 3.1M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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