3-bed · 1,926 sqftRimal 5, Jumeirah Beach Residence · 12th floor · completed 2007

1205, Rimal 5

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 699K10 March 2010
Current rentAED 185K /yr3 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Rimal 5

What is 1205 worth today?

Last sold for AED 699,000 in 2010

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3 Jul 2024RentedRenewal
AED 185,000/yr6 months · AED 96 per sqft
3 Jul 2023RentedRenewal
AED 150,000/yr12 months · AED 78 per sqft
3 Jul 2022RentedNew contract
AED 126,500/yr12 months · AED 66 per sqft
3 Jul 2021RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
3 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
3 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
3 Jul 2018RentedRenewal
AED 155,000/yr12 months · AED 80 per sqft
3 Jul 2017RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Key facts

Type
3-bed apartment
Size
1,926 sqft
Floor
12th of 40
Parking
M138-9
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 699K · March 2010
Building
Rimal 5

About 1205, Rimal 5

1205 is a three-bedroom apartment of 1,926 sqft on the 12th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 March 2010 for AED 699,000, or AED 362 per sqft, 55% below the AED 813 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 3 July 2024, is AED 185,000 a year: a gross yield of 26.5% on the 2010 price, before the service charge of about AED 30,700 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical three-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,300,000; 2010 AED 2,000,000; 2011 AED 1,500,000; 2012 AED 1,700,000; 2013 AED 1,075,000; 2014 AED 1,679,500; 2015 AED 2,500,000; 2016 AED 2,675,000; 2017 AED 2,175,000; 2018 AED 2,800,000; 2019 AED 1,825,000; 2020 AED 1,520,000; 2021 AED 2,800,000; 2022 AED 2,525,000; 2023 AED 2,950,000; 2024 AED 3,100,000; 2025 AED 4,575,000Sold by developer, March 2010: AED 699,000 (AED 362 per sqft)

1205 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, each contractTypical three-bed in Rimal 5
150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 157,500; 2014 AED 171,625; 2015 AED 175,500; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 167,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 127,000; 2022 AED 140,000; 2023 AED 160,650; 2024 AED 187,425; 2025 AED 190,000; 2026 AED 183,500New contract, November 2013: AED 160,000 a yearNew contract, November 2014: AED 175,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, June 2016: AED 160,000 a yearNew contract, July 2017: AED 155,000 a yearRenewal, July 2018: AED 155,000 a yearRenewal, July 2019: AED 140,000 a yearRenewal, July 2020: AED 115,000 a yearRenewal, July 2021: AED 115,000 a yearNew contract, July 2022: AED 126,500 a yearRenewal, July 2023: AED 150,000 a yearRenewal, July 2024: AED 185,000 a year

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

3-beds in Rimal 5, and where 1205 sits

All 142 3-beds →

1205 last sold in March 2010 at AED 362 per sqft, 55% below what three-beds in Rimal 5 were fetching at the time (AED 813). Over the last 12 months three-beds sold for AED 4,900,000 to 5,050,000, around AED 2,557 per sqft, and rent for AED 160,000 to 240,000 a year. 1205's AED 185,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20264,950,000
22 Dec 20254,900,000
19 Dec 20255,000,000
15 Dec 20255,050,000
4 3-bed sales 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. 6 sold in the last 12 months.

Typical price per sqft
AED 2,300
Typical sale
AED 4.94M
Typical rent
AED 189K /yr
Typical yield
4.1%
Rimal 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 198 units in Rimal 5
Value
12013-bedAED 2.3M · Nov 2023
12023-bedAED 875K · Jan 2009
12034-bedAED 949K · Sep 2007
12044-bedAED 2.6M · Jul 2015
12063-bedAED 2M · Oct 2011

1205, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 10 March 2010 for AED 699,000, or AED 362 per sqft.
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2021 and recovered to AED 185,000 by July 2024.
  • At AED 185,000 a year the gross yield on the 2010 price is 26.5%, before a service charge of about AED 30,700 a year (AED 15.95 per sqft).
  • Three-beds in Rimal 5 sold for AED 4,900,000–5,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,300 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Questions about 1205, Rimal 5

What did unit 1205 last sell for?

AED 699,000 on 10 March 2010, sold by the developer: AED 362 per sqft for 1,926 sqft. It is the only registered sale of the unit.

What is the rent for unit 1205?

AED 185,000 a year on the contract renewed on 3 July 2024. The previous contract, from July 2023, was AED 150,000; the unit has been rented since November 2013.

How big is unit 1205?

1,926 sqft (178.9 sqm): a three-bedroom apartment on the 12th floor of a 40-storey tower completed in 2007.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 5 sold for AED 4,900,000 to 5,050,000 in the last 12 months, around AED 2,557 per sqft.

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Mortgage on 1205, Rimal 5

Starts from the last sale price (AED 699K, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →