3-bed · 2,456 sqftRimal 5, Jumeirah Beach Residence · 36th floor · completed 2007

3602, Rimal 5

Sold prices and rental history: sold twice, last in June 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 26 September 2018
Last soldAED 2.15M21 June 2012
Current rentAED 160K /yr26 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Rimal 5

What is 3602 worth today?

Last sold for AED 2,150,000 in 2012

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26 Sep 2018RentedRenewal
AED 160,000/yr12 months · AED 65 per sqft
26 Sep 2017RentedNew contract
AED 270,000/yr12 months · AED 110 per sqft
10 Oct 2016RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
21 Jun 2012SoldReady
AED 2,150,000AED 875 per sqft
15 Jan 2008Sold by developerReady
AED 850,000AED 346 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2018.

Key facts

Type
3-bed apartment
Size
2,456 sqft
Floor
36th of 40
Parking
B141-2
Developer
Dubai Properties
Completed
2007
Service charge
AED 39,200 /yr
Last sold
AED 2.15M · June 2012
Building
Rimal 5

About 3602, Rimal 5

3602 is a three-bedroom apartment of 2,456 sqft on the 36th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 June 2012 for AED 2,150,000, or AED 875 per sqft, 12% above the AED 778 three-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 26 September 2018, is AED 160,000 a year: a gross yield of 7.4% on the 2012 price, before the service charge of about AED 39,200 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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, January 2008: AED 850,000 (AED 346 per sqft)Sold, June 2012: AED 2,150,000 (AED 875 per sqft)

3602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3602, 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, October 2016: AED 170,000 a yearNew contract, September 2017: AED 270,000 a yearRenewal, September 2018: AED 160,000 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 3602 sits

All 142 3-beds →

3602 last sold in June 2012 at AED 875 per sqft, 12% above what three-beds in Rimal 5 were fetching at the time (AED 778). 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. 3602's AED 160,000 is at the bottom 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 36th floor

All 198 units in Rimal 5
Value
36013-bedAED 850K · Dec 2007

3602, Rimal 5 in numbers

  • Sold twice: first on 15 January 2008 for AED 850,000, last on 21 June 2012 for AED 2,150,000 (AED 875 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 170,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2012 price is 7.4%, before a service charge of about AED 39,200 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 26 September 2018.

Questions about 3602, Rimal 5

What did unit 3602 last sell for?

AED 2,150,000 on 21 June 2012: AED 875 per sqft for 2,456 sqft. The unit has 2 registered sales; the first was AED 850,000 in January 2008.

What is the rent for unit 3602?

AED 160,000 a year on the contract renewed on 26 September 2018. The previous contract, from September 2017, was AED 270,000; the unit has been rented since October 2016.

How big is unit 3602?

2,456 sqft (228.2 sqm): a three-bedroom apartment on the 36th floor of a 40-storey tower completed in 2007.

What is unit 3602 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 3602, Rimal 5

Starts from the last sale price (AED 2.15M, 21 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →