2-bed · 1,877 sqftRimal 5, Jumeirah Beach Residence · Ground floor · completed 2007

L01, Rimal 5

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L01 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 3.2M9 January 2025
Current rentAED 150K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L01, Rimal 5

What is L01 worth today?

Last sold for AED 3,200,000 in 2025

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9 Jan 2025SoldReady
AED 3,200,000AED 1,705 per sqft
29 Feb 2024RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
1 Mar 2023RentedNew contract
AED 140,403/yr12 months · AED 75 per sqft
1 Mar 2022RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
1 Sep 2021RentedNew contract
AED 120,000/yr6 months · AED 64 per sqft
1 Mar 2021RentedNew contract
AED 120,000/yr6 months · AED 64 per sqft
1 Mar 2020RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
1 Mar 2019RentedNew contract
AED 130,375/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
2-bed apartment
Size
1,877 sqft
Floor
Ground of 40
Parking
M093
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,900 /yr
Last sold
AED 3.2M · January 2025
Building
Rimal 5

About L01, Rimal 5

L01 is a two-bedroom apartment of 1,877 sqft on the ground floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 January 2025 for AED 3,200,000, or AED 1,705 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 150,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 29,900 a year.

Sales and rents for L01 over time

Rents
Unit L01, each contractTypical two-bed in Rimal 5
0250K500K2014201820222026Typical rent by year: 2014 AED 140,000; 2015 AED 140,000; 2017 AED 249,475; 2018 AED 160,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 127,500; 2023 AED 130,000; 2024 AED 140,000; 2026 AED 520,000New contract, October 2014: AED 140,000 a yearRenewal, October 2015: AED 140,000 a yearNew contract, October 2015: AED 140,000 a yearNew contract, September 2016: AED 70,000 a yearNew contract, March 2019: AED 130,375 a yearNew contract, March 2020: AED 120,000 a yearNew contract, March 2021: AED 120,000 a yearNew contract, September 2021: AED 120,000 a yearNew contract, March 2022: AED 125,000 a yearNew contract, March 2023: AED 140,403 a yearRenewal, February 2024: AED 150,000 a year

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

2-beds in Rimal 5, and where L01 sits

All 8 2-beds →

Over the last 12 months two-beds sold for AED 9,000,000, around AED 1,513 per sqft, and rent for AED 132,825 to 560,000 a year. L01's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20269,000,000
23 Jan 20253,500,000
5 Aug 20243,100,000
7 Apr 20223,575,000
1 2-bed sale 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 ground floor

All 198 units in Rimal 5
Value
L022-bedAED 3.5M · Jan 2025
L032-bedAED 1.44M · Feb 2014
L042-bedAED 3.1M · Aug 2024

L01, Rimal 5 in numbers

  • Sold twice: first on 21 January 2009 for AED 1,325,000, last on 9 January 2025 for AED 3,200,000 (AED 1,705 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2016 and recovered to AED 150,000 by February 2024.
  • At AED 150,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 29,900 a year (AED 15.95 per sqft).
  • Two-beds in Rimal 5 sold for AED 9,000,000–9,000,000 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 9 January 2025.

Questions about L01, Rimal 5

What did unit L01 last sell for?

AED 3,200,000 on 9 January 2025: AED 1,705 per sqft for 1,877 sqft. The unit has 2 registered sales; the first was AED 1,325,000 in January 2009.

What is the rent for unit L01?

AED 150,000 a year on the contract renewed on 29 February 2024. The previous contract, from March 2023, was AED 140,403; the unit has been rented since October 2014.

How big is unit L01?

1,877 sqft (174.4 sqm): a two-bedroom apartment on the ground floor of a 40-storey tower completed in 2007.

What is unit L01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 5 sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 1,513 per sqft.

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Mortgage on L01, Rimal 5

Starts from the last sale price (AED 3.2M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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