703, Rimal 5
Sold prices and rental history: sold twice, last in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Rimal 5
What is 703 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,679 sqft
- Floor
- 7th of 40
- Parking
- M184-5
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 42,700 /yr
- Last sold
- AED 3.78M · May 2008
- Building
- Rimal 5
About 703, Rimal 5
703 is a four-bedroom apartment of 2,679 sqft on the 7th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 May 2008 for AED 3,783,000, or AED 1,412 per sqft, 299% above the AED 354 four-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 215,250 a year: a gross yield of 5.7% on the 2008 price, before the service charge of about AED 42,700 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 48 4-beds →703 last sold in May 2008 at AED 1,412 per sqft, 299% above 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. 703's AED 215,250 is in the lower half 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 7th floor
All 198 units in Rimal 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,923 sqft | AED 2.3MAED 2,300,000 · Feb 2023February 2023 | 180,000 /yr | |
| 702 | 3-bed | 1,928 sqft | AED 699KAED 699,000 · Dec 2008December 2008 | 190,000 /yr | |
| 704 | 4-bed | 2,674 sqft | AED 2.37MAED 2,368,470 · Apr 2022April 2022 | ||
| 705 | 3-bed | 1,925 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 185,000 /yr | |
| 706 | 3-bed | 1,925 sqft | AED 699KAED 699,000 · Jul 2007July 2007 | 122,000 /yr |
703, Rimal 5 in numbers
- Sold twice: first on 4 October 2007 for AED 949,000, last on 7 May 2008 for AED 3,783,000 (AED 1,412 per sqft).
- Rented since September 2013 on 15 Ejari contracts. The rent fell from AED 220,000 to AED 140,000 in 2020 and recovered to AED 215,250 by December 2024.
- At AED 215,250 a year the gross yield on the 2008 price is 5.7%, 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 1 December 2024.
Questions about 703, Rimal 5
What did unit 703 last sell for?
AED 3,783,000 on 7 May 2008: AED 1,412 per sqft for 2,679 sqft. The unit has 2 registered sales; the first was AED 949,000 in October 2007.
What is the rent for unit 703?
AED 215,250 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 215,250; the unit has been rented since September 2013.
How big is unit 703?
2,679 sqft (248.9 sqm): a four-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 703 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 703, Rimal 5
Starts from the last sale price (AED 3.78M, 7 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 3,783,000
- Deposit, UAE resident (20%)
- AED 756,600
- Deposit, non-resident (40%)
- AED 1,513,200
- Monthly over 25 years at 3.7%
- AED 15,477
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →