3-bed · 1,925 sqftRimal 5, Jumeirah Beach Residence · 2nd floor · completed 2007

205, Rimal 5

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 3.38M25 April 2024
Current rentAED 244K /yr16 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Rimal 5

What is 205 worth today?

Last sold for AED 3,380,000 in 2024

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25 Apr 2024SoldReady
AED 3,380,000AED 1,756 per sqft
16 Oct 2023RentedRenewal
AED 244,000/yr12 months · AED 127 per sqft
4 Aug 2020SoldReady
AED 1,700,000AED 883 per sqft
1 Feb 2020RentedRenewal
AED 150,000/yr12 months · AED 78 per sqft
1 Feb 2019RentedRenewal
AED 175,000/yr12 months · AED 91 per sqft
1 Feb 2018RentedRenewal
AED 185,000/yr12 months · AED 96 per sqft
1 Feb 2017RentedNew contract
AED 185,000/yr12 months · AED 96 per sqft
9 Mar 2016RentedNew contract
AED 190,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.

Key facts

Type
3-bed apartment
Size
1,925 sqft
Floor
2nd of 40
Parking
B212-3
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 3.38M · April 2024
Building
Rimal 5

About 205, Rimal 5

205 is a three-bedroom apartment of 1,925 sqft on the 2nd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 April 2024 for AED 3,380,000, or AED 1,756 per sqft, 22% above the AED 1,440 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 16 October 2023, is AED 244,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 30,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, April 2008: AED 699,000 (AED 363 per sqft)Sold, August 2020: AED 1,700,000 (AED 883 per sqft)Sold, April 2024: AED 3,380,000 (AED 1,756 per sqft)

205 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 205, each contractTypical three-bed in Rimal 5
200K2012201620202024Typical 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, March 2016: AED 190,000 a yearNew contract, February 2017: AED 185,000 a yearRenewal, February 2018: AED 185,000 a yearRenewal, February 2019: AED 175,000 a yearRenewal, February 2020: AED 150,000 a yearRenewal, October 2023: AED 244,000 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 205 sits

All 142 3-beds →

205 last sold in April 2024 at AED 1,756 per sqft, 22% above what three-beds in Rimal 5 were fetching at the time (AED 1,440). 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. 205's AED 244,000 is at the top 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 2nd floor

All 198 units in Rimal 5
Value
2013-bedAED 1.75M · Oct 2017
202AED 699K · Aug 2014
2034-bedAED 5.1M · Oct 2024
2044-bedAED 2M · Apr 2012
2063-bedAED 3.2M · Dec 2023

205, Rimal 5 in numbers

  • Sold 3 times: first on 2 April 2008 for AED 699,000, last on 25 April 2024 for AED 3,380,000 (AED 1,756 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2020 and recovered to AED 244,000 by October 2023.
  • At AED 244,000 a year the gross yield on the 2024 price is 7.2%, 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 25 April 2024.

Questions about 205, Rimal 5

What did unit 205 last sell for?

AED 3,380,000 on 25 April 2024: AED 1,756 per sqft for 1,925 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2008.

What is the rent for unit 205?

AED 244,000 a year on the contract renewed on 16 October 2023. The previous contract, from February 2020, was AED 150,000; the unit has been rented since March 2016.

How big is unit 205?

1,925 sqft (178.8 sqm): a three-bedroom apartment on the 2nd floor of a 40-storey tower completed in 2007.

What is unit 205 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 205, Rimal 5

Starts from the last sale price (AED 3.38M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,380,000
Deposit, UAE resident (20%)
AED 676,000
Deposit, non-resident (40%)
AED 1,352,000
Monthly over 25 years at 3.7%
AED 13,829

Plus AED 146,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →