2-bed · 5,967 sqftRimal 5, Jumeirah Beach Residence · 40th floor · completed 2007

4002, Rimal 5

Sold prices and rental history: sold once, by the developer in December 2007, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 5.22M26 December 2007
Current rentAED 520K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Rimal 5

What is 4002 worth today?

Last sold for AED 5,220,000 in 2007

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1 Mar 2024RentedNew contract
AED 520,000/yr24 months · AED 87 per sqft
26 Dec 2007Sold by developerReady
AED 5,220,000AED 874 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
5,967 sqft
Floor
40th of 40
Parking
G070-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 95,200 /yr
Last sold
AED 5.22M · December 2007
Building
Rimal 5

About 4002, Rimal 5

4002 is a two-bedroom apartment of 5,967 sqft on the 40th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 December 2007 for AED 5,220,000, or AED 874 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 520,000 a year: a gross yield of 10.0% on the 2007 price, before the service charge of about AED 95,200 a year.

Sales and rents for 4002 over time

Rents
Unit 4002, each contractTypical two-bed in Rimal 5
200K400K2014201720202023Typical 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, March 2024: AED 520,000 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 4002 sits

All 8 2-beds →

4002 last sold in December 2007 at AED 874 per sqft, in line with what two-beds in Rimal 5 were fetching at the time (AED 874).

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 40th floor

All 198 units in Rimal 5
Value
40012-bedAED 8M · Mar 2014

4002, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 26 December 2007 for AED 5,220,000, or AED 874 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 520,000 a year.
  • At AED 520,000 a year the gross yield on the 2007 price is 10.0%, before a service charge of about AED 95,200 a year (AED 15.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Questions about 4002, Rimal 5

What did unit 4002 last sell for?

AED 5,220,000 on 26 December 2007, sold by the developer: AED 874 per sqft for 5,967 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 520,000 a year on the contract signed on 1 March 2024.

How big is unit 4002?

5,967 sqft (554.4 sqm): a two-bedroom apartment on the 40th floor of a 40-storey tower completed in 2007.

What is unit 4002 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 4002, Rimal 5

Starts from the last sale price (AED 5.22M, 26 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 5,220,000
Deposit, UAE resident (20%)
AED 1,044,000
Deposit, non-resident (40%)
AED 2,088,000
Monthly over 25 years at 3.7%
AED 21,357

Plus AED 224,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →