3-bed · 1,928 sqftRimal 5, Jumeirah Beach Residence · 9th floor · completed 2007

902, Rimal 5

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 2 April 2019
Last soldAED 699K7 April 2014
Current rentAED 130K /yr2 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Rimal 5

What is 902 worth today?

Last sold for AED 699,000 in 2014

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2 Apr 2019RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
2 Apr 2018RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
1 Apr 2017RentedNew contract
AED 159,557/yr12 months · AED 83 per sqft
1 Apr 2016RentedNew contract
AED 190,000/yr12 months · AED 99 per sqft
7 Apr 2014Sold by developerReady
AED 699,000AED 362 per sqft

Source: Dubai Land Department. Updated 2 April 2019.

Key facts

Type
3-bed apartment
Size
1,928 sqft
Floor
9th of 40
Parking
B044-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 699K · April 2014
Building
Rimal 5

About 902, Rimal 5

902 is a three-bedroom apartment of 1,928 sqft on the 9th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 7 April 2014 for AED 699,000, or AED 362 per sqft, 60% below the AED 914 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 2 April 2019, is AED 130,000 a year: a gross yield of 18.6% on the 2014 price, before the service charge of about AED 30,800 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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 by developer, April 2014: AED 699,000 (AED 362 per sqft)

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

Rents
Unit 902, 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 183,750New contract, April 2016: AED 190,000 a yearNew contract, April 2017: AED 159,557 a yearRenewal, April 2018: AED 160,000 a yearRenewal, April 2019: AED 130,000 a year

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 902 sits

All 148 3-beds →

902 last sold in April 2014 at AED 362 per sqft, 60% below what three-beds in Rimal 5 were fetching at the time (AED 914). 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. 902's AED 130,000 is in the lower half of that range.

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 9th floor

All 198 units in Rimal 5
Value
9013-bedAED 699K · Dec 2008
9034-bedAED 949K · Apr 2013
9044-bedAED 3.04M · Apr 2008
9053-bedAED 2.96M · Jan 2022
9063-bedAED 699K · Oct 2012

902, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 7 April 2014 for AED 699,000, or AED 362 per sqft.
  • Rented since April 2016 on 4 Ejari contracts, from AED 190,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 18.6%, before a service charge of about AED 30,800 a year (AED 15.95 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 2 April 2019.

Questions about 902, Rimal 5

What did unit 902 last sell for?

AED 699,000 on 7 April 2014, sold by the developer: AED 362 per sqft for 1,928 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 130,000 a year on the contract renewed on 2 April 2019. The previous contract, from April 2018, was AED 160,000; the unit has been rented since April 2016.

How big is unit 902?

1,928 sqft (179.1 sqm): a three-bedroom apartment on the 9th floor of a 40-storey tower completed in 2007.

What is unit 902 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 902, Rimal 5

Starts from the last sale price (AED 699K, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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