4-bed · 2,751 sqftRimal 5, Jumeirah Beach Residence · 15th floor · completed 2007

1504, Rimal 5

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 949K9 March 2010
Current rentAED 164K /yr6 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Rimal 5

What is 1504 worth today?

Last sold for AED 949,000 in 2010

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6 Jul 2023RentedRenewal
AED 164,450/yr12 months · AED 60 per sqft
6 Jul 2022RentedRenewal
AED 149,500/yr12 months · AED 54 per sqft
6 Jul 2021RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
6 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 May 2018RentedRenewal
AED 204,750/yr12 months · AED 74 per sqft
1 May 2017RentedRenewal
AED 204,750/yr12 months · AED 74 per sqft
1 May 2016RentedNew contract
AED 195,000/yr12 months · AED 71 per sqft
1 Nov 2013RentedNew contract
AED 150,000/yr12 months · AED 54 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2023.

Key facts

Type
4-bed apartment
Size
2,751 sqft
Floor
15th of 40
Parking
B259-60
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,900 /yr
Last sold
AED 949K · March 2010
Building
Rimal 5

About 1504, Rimal 5

1504 is a four-bedroom apartment of 2,751 sqft on the 15th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 March 2010 for AED 949,000, or AED 344 per sqft, in line with the AED 344 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 6 July 2023, is AED 164,450 a year: a gross yield of 17.3% on the 2010 price, before the service charge of about AED 43,900 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical four-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 1,427,000; 2011 AED 2,300,000; 2012 AED 2,407,000; 2013 AED 1,774,500; 2014 AED 3,275,000; 2015 AED 3,000,000; 2021 AED 3,000,000; 2023 AED 3,200,000; 2024 AED 4,450,000Sold by developer, March 2010: AED 949,000 (AED 344 per sqft)

1504 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1504, each contractTypical four-bed in Rimal 5
100K200K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 180,000; 2014 AED 203,950; 2015 AED 215,000; 2016 AED 212,500; 2017 AED 211,399; 2018 AED 202,375; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 176,000; 2023 AED 199,755; 2024 AED 222,500; 2025 AED 240,000New contract, November 2012: AED 150,000 a yearNew contract, November 2013: AED 150,000 a yearNew contract, May 2016: AED 195,000 a yearRenewal, May 2017: AED 204,750 a yearRenewal, May 2018: AED 204,750 a yearRenewal, July 2020: AED 120,000 a yearNew contract, July 2021: AED 130,000 a yearRenewal, July 2022: AED 149,500 a yearRenewal, July 2023: AED 164,450 a year

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

4-beds in Rimal 5, and where 1504 sits

All 46 4-beds →

1504 last sold in March 2010 at AED 344 per sqft, in line with what four-beds in Rimal 5 were fetching at the time (AED 344). Over the last 12 months four-beds sold for AED 4,142,917 to 4,927,429, around AED 1,684 per sqft, and rent for AED 230,115 to 270,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
9 Feb 20264,927,429
17 Dec 20254,142,917
2 Oct 20245,100,000
15 Aug 20243,900,000
2 4-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 15th floor

All 198 units in Rimal 5
Value
15013-bedAED 2.63M · Jun 2017
15023-bedAED 1.75M · Feb 2019
15034-bedAED 4.8M · Jun 2008
15053-bedAED 3.75M · Aug 2024
15063-bedAED 699K · Nov 2012

1504, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 9 March 2010 for AED 949,000, or AED 344 per sqft.
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 164,450 by July 2023.
  • At AED 164,450 a year the gross yield on the 2010 price is 17.3%, before a service charge of about AED 43,900 a year (AED 15.95 per sqft).
  • Four-beds in Rimal 5 sold for AED 4,142,917–4,927,429 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 6 July 2023.

Questions about 1504, Rimal 5

What did unit 1504 last sell for?

AED 949,000 on 9 March 2010, sold by the developer: AED 344 per sqft for 2,751 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 164,450 a year on the contract renewed on 6 July 2023. The previous contract, from July 2022, was AED 149,500; the unit has been rented since November 2012.

How big is unit 1504?

2,751 sqft (255.6 sqm): a four-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Rimal 5 sold for AED 4,142,917 to 4,927,429 in the last 12 months, around AED 1,684 per sqft.

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Mortgage on 1504, Rimal 5

Starts from the last sale price (AED 949K, 9 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

Plus AED 44,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →