L05, Rimal 1
Sold prices and rental history: sold 3 times, last in November 2019, 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 L05, Rimal 1
What is L05 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,661 sqft
- Floor
- Ground of 47
- Parking
- M598/ M599
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.5M · November 2019
- Building
- Rimal 1
About L05, Rimal 1
L05 is a one-bedroom apartment of 1,661 sqft on the ground floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 November 2019 for AED 1,500,000, or AED 903 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 6 October 2024, is AED 90,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 26,100 a year.
Sales and rents for L05 over time
L05 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 1, and where L05 sits
All 37 1-beds →L05 last sold in November 2019 at AED 903 per sqft, in line with what one-beds in Rimal 1 were fetching at the time (AED 886).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 2,121 sqft | 4,000,000 | 1,886 | ||
| 9 Apr 20259 April 2025 | 1,105 sqft | 1,600,000 | 1,447 | ||
| 23 Oct 202423 October 2024 | 1,105 sqft | 1,650,000 | 1,493 | ||
| 8 Oct 20248 October 2024 | 2,121 sqft | 4,000,000 | 1,886 |
Rimal 1
Building310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,545
- Typical sale
- AED 2.43M
- Typical rent
- AED 132K /yr
- Typical yield
- 6.0%
Other units on the ground floor
All 310 units in Rimal 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| L01 | 1-bed | 2,121 sqft | AED 1.52MAED 1,520,000 · May 2011May 2011 | 295,000 /yr | |
| L02 | 1-bed | 2,121 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 270,000 /yr | |
| L03 | 1-bed | 1,661 sqft | AED 1.04MAED 1,035,000 · Mar 2008March 2008 | 187,000 /yr | |
| L04 | 1-bed | 1,313 sqft | AED 805KAED 805,000 · Nov 2012November 2012 | 135,000 /yr | |
| LP1 | 4-bed | 5,062 sqft | AED 6.1MAED 6,095,735 · Jan 2024January 2024 | 1,080,000 /yr | |
| LP2 | 3-bed | 3,090 sqft | AED 3.98MAED 3,980,000 · Mar 2024March 2024 | ||
| LP4 | 4-bed | 4,191 sqft | AED 5.05MAED 5,050,000 · Feb 2023February 2023 |
L05, Rimal 1 in numbers
- Sold 3 times: first on 8 July 2009 for AED 517,500, last on 11 November 2019 for AED 1,500,000 (AED 903 per sqft).
- Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 240,000 to AED 70,000 in 2017 and recovered to AED 90,000 by October 2024.
- At AED 90,000 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 26,100 a year (AED 15.73 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2024.
Questions about L05, Rimal 1
What did unit L05 last sell for?
AED 1,500,000 on 11 November 2019: AED 903 per sqft for 1,661 sqft. The unit has 3 registered sales; the first was AED 517,500 in July 2009.
What is the rent for unit L05?
AED 90,000 a year on the contract renewed on 6 October 2024. The previous contract, from January 2023, was AED 90,000; the unit has been rented since October 2014.
How big is unit L05?
1,661 sqft (154.3 sqm): a one-bedroom apartment on the ground floor of a 47-storey tower completed in 2007.
What is unit L05 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on L05, Rimal 1
Starts from the last sale price (AED 1.5M, 11 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →