L04, Rimal 5
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L04, Rimal 5
What is L04 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,918 sqft
- Floor
- Ground of 40
- Parking
- M033
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,600 /yr
- Last sold
- AED 3.1M · August 2024
- Building
- Rimal 5
About L04, Rimal 5
L04 is a two-bedroom apartment of 1,918 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 5 August 2024 for AED 3,100,000, or AED 1,616 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 140,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 30,600 a year.
Sales and rents for L04 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 L04 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. L04's AED 140,000 is in the lower half 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 | ||
| 7 Apr 20227 April 2022 | 1,772 sqft | 3,575,000 | 2,017 |
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 5L04, Rimal 5 in numbers
- Sold 3 times: first on 13 April 2008 for AED 1,160,000, last on 5 August 2024 for AED 3,100,000 (AED 1,616 per sqft).
- Rented since December 2018 on 4 Ejari contracts, from AED 170,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 30,600 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 5 August 2024.
Questions about L04, Rimal 5
What did unit L04 last sell for?
AED 3,100,000 on 5 August 2024: AED 1,616 per sqft for 1,918 sqft. The unit has 3 registered sales; the first was AED 1,160,000 in April 2008.
What is the rent for unit L04?
AED 140,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 140,000; the unit has been rented since December 2018.
How big is unit L04?
1,918 sqft (178.2 sqm): a two-bedroom apartment on the ground floor of a 40-storey tower completed in 2007.
What is unit L04 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.
Selling L04? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on L04, Rimal 5
Starts from the last sale price (AED 3.1M, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →