L03, Rimal 5
Sold prices and rental history: sold once, by the developer in February 2014, 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 L03, Rimal 5
What is L03 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,900 sqft
- Floor
- Ground of 40
- Parking
- M032
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,300 /yr
- Last sold
- AED 1.44M · February 2014
- Building
- Rimal 5
About L03, Rimal 5
L03 is a two-bedroom apartment of 1,900 sqft on the ground floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 February 2014 for AED 1,435,000, or AED 755 per sqft.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 132,825 a year: a gross yield of 9.3% on the 2014 price, before the service charge of about AED 30,300 a year.
Sales and rents for L03 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 L03 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. L03's AED 132,825 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 | ||
| 23 Jan 202523 January 2025 | 1,772 sqft | 3,500,000 | 1,974 | ||
| 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 |
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 5L03, Rimal 5 in numbers
- Sold once: by Dubai Properties on 26 February 2014 for AED 1,435,000, or AED 755 per sqft.
- Rented since December 2014 on 13 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2024 and recovered to AED 132,825 by February 2026.
- At AED 132,825 a year the gross yield on the 2014 price is 9.3%, before a service charge of about AED 30,300 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 1 February 2026.
Questions about L03, Rimal 5
What did unit L03 last sell for?
AED 1,435,000 on 26 February 2014, sold by the developer: AED 755 per sqft for 1,900 sqft. It is the only registered sale of the unit.
What is the rent for unit L03?
AED 132,825 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 120,750; the unit has been rented since December 2014.
How big is unit L03?
1,900 sqft (176.5 sqm): a two-bedroom apartment on the ground floor of a 40-storey tower completed in 2007.
What is unit L03 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 L03, Rimal 5
Starts from the last sale price (AED 1.44M, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,435,000
- Deposit, UAE resident (20%)
- AED 287,000
- Deposit, non-resident (40%)
- AED 574,000
- Monthly over 25 years at 3.7%
- AED 5,871
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →