L02, Rimal 5
Sold prices and rental history: sold 4 times, 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.
Property timeline for L02, Rimal 5
What is L02 worth today?
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Source: Dubai Land Department. Updated 23 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,772 sqft
- Floor
- Ground of 40
- Parking
- M254
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 3.5M · January 2025
- Building
- Rimal 5
About L02, Rimal 5
L02 is a two-bedroom apartment of 1,772 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 23 January 2025 for AED 3,500,000, or AED 1,974 per sqft, 16% above the AED 1,705 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 6 October 2024, is AED 130,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 28,300 a year.
Sales and rents for L02 over time
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 L02 sits
All 8 2-beds →L02 last sold in January 2025 at AED 1,974 per sqft, 16% above what two-beds in Rimal 5 were fetching at the time (AED 1,705). 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. L02's AED 130,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20268 July 2026 | 5,945 sqft | 9,000,000 | 1,513 | ||
| 9 Jan 20259 January 2025 | 1,877 sqft | 3,200,000 | 1,705 | ||
| 5 Aug 20245 August 2024 | 1,918 sqft | 3,100,000 | 1,616 | ||
| 31 Jan 202131 January 2021 | 6,261 sqft | 7,750,000 | 1,237 |
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 ground floor
All 198 units in Rimal 5L02, Rimal 5 in numbers
- Sold 4 times: first on 21 January 2009 for AED 1,220,000, last on 23 January 2025 for AED 3,500,000 (AED 1,974 per sqft).
- Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 130,000 by October 2024.
- At AED 130,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 28,300 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 23 January 2025.
Questions about L02, Rimal 5
What did unit L02 last sell for?
AED 3,500,000 on 23 January 2025: AED 1,974 per sqft for 1,772 sqft. The unit has 4 registered sales; the first was AED 1,220,000 in January 2009.
What is the rent for unit L02?
AED 130,000 a year on the contract renewed on 6 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since June 2014.
How big is unit L02?
1,772 sqft (164.6 sqm): a two-bedroom apartment on the ground floor of a 40-storey tower completed in 2007.
What is unit L02 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 L02, Rimal 5
Starts from the last sale price (AED 3.5M, 23 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →