2-bed · 6,261 sqftRimal 5, Jumeirah Beach Residence · 33rd floor · completed 2007

3302, Rimal 5

Sold prices and rental history: sold 3 times, last in January 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 31 January 2021
Last soldAED 7.75M31 January 2021
Current rentAED 345K /yr2 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Rimal 5

What is 3302 worth today?

Last sold for AED 7,750,000 in 2021

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31 Jan 2021SoldReady
AED 7,750,000AED 1,237 per sqft
2 Aug 2019RentedRenewal
AED 345,000/yr12 months · AED 55 per sqft
2 Jun 2018RentedNew contract
AED 282,857/yr14 months · AED 45 per sqft
1 Jun 2017RentedNew contract
AED 319,114/yr12 months · AED 51 per sqft
31 May 2012SoldReady
AED 6,900,000AED 1,102 per sqft
1 Oct 2007Sold by developerReady
AED 2,574,000AED 411 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2021.

Key facts

Type
2-bed apartment
Size
6,261 sqft
Floor
33rd of 40
Parking
G061/91
Developer
Dubai Properties
Completed
2007
Service charge
AED 99,900 /yr
Last sold
AED 7.75M · January 2021
Building
Rimal 5

About 3302, Rimal 5

3302 is a two-bedroom apartment of 6,261 sqft on the 33rd floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 January 2021 for AED 7,750,000, or AED 1,237 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 2 August 2019, is AED 345,000 a year: a gross yield of 4.5% on the 2021 price, before the service charge of about AED 99,900 a year.

Sales and rents for 3302 over time

Rents
Unit 3302, each contractTypical two-bed in Rimal 5
200K2014201720202023Typical rent by year: 2014 AED 140,000; 2015 AED 140,000; 2017 AED 249,475; 2018 AED 160,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 130,000; 2024 AED 140,000New contract, June 2017: AED 319,114 a yearNew contract, June 2018: AED 282,857 a yearRenewal, August 2019: AED 345,000 a year

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 3302 sits

All 8 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20253,500,000
9 Jan 20253,200,000
5 Aug 20243,100,000
7 Apr 20223,575,000
0 2-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 33rd floor

All 198 units in Rimal 5
Value
33012-bedAED 2.83M · Jan 2013

3302, Rimal 5 in numbers

  • Sold 3 times: first on 1 October 2007 for AED 2,574,000, last on 31 January 2021 for AED 7,750,000 (AED 1,237 per sqft).
  • Rented since June 2017 on 3 Ejari contracts. The rent fell from AED 319,114 to AED 282,857 in 2018 and recovered to AED 345,000 by August 2019.
  • At AED 345,000 a year the gross yield on the 2021 price is 4.5%, before a service charge of about AED 99,900 a year (AED 15.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2021.

Questions about 3302, Rimal 5

What did unit 3302 last sell for?

AED 7,750,000 on 31 January 2021: AED 1,237 per sqft for 6,261 sqft. The unit has 3 registered sales; the first was AED 2,574,000 in October 2007.

What is the rent for unit 3302?

AED 345,000 a year on the contract renewed on 2 August 2019. The previous contract, from June 2018, was AED 282,857; the unit has been rented since June 2017.

How big is unit 3302?

6,261 sqft (581.7 sqm): a two-bedroom apartment on the 33rd floor of a 40-storey tower completed in 2007.

What is unit 3302 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 3302, Rimal 5

Starts from the last sale price (AED 7.75M, 31 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,750,000
Deposit, UAE resident (20%)
AED 1,550,000
Deposit, non-resident (40%)
AED 3,100,000
Monthly over 25 years at 3.7%
AED 31,708

Plus AED 330,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →