702, Rimal 5
Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Rimal 5
What is 702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,928 sqft
- Floor
- 7th of 40
- Parking
- B052-3
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 30,800 /yr
- Last sold
- AED 699K · December 2008
- Building
- Rimal 5
About 702, Rimal 5
702 is a three-bedroom apartment of 1,928 sqft on the 7th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 29 December 2008 for AED 699,000, or AED 362 per sqft, in line with the AED 363 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 244,343 a year: a gross yield of 35.0% on the 2008 price, before the service charge of about AED 30,800 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the three-bed median of each year in the building.
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 702 sits
All 142 3-beds →702 last sold in December 2008 at AED 362 per sqft, in line with what three-beds in Rimal 5 were fetching at the time (AED 363). 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. 702's AED 244,343 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,926 sqft | 4,950,000 | 2,570 | ||
| 22 Dec 202522 December 2025 | 1,926 sqft | 4,900,000 | 2,544 | ||
| 19 Dec 202519 December 2025 | 1,926 sqft | 5,000,000 | 2,596 | ||
| 15 Dec 202515 December 2025 | 2,456 sqft | 5,050,000 | 2,055 |
Rimal 5
Building198 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%
Other units on the 7th floor
All 198 units in Rimal 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,923 sqft | AED 2.3MAED 2,300,000 · Feb 2023February 2023 | 180,000 /yr | |
| 703 | 4-bed | 2,679 sqft | AED 3.78MAED 3,783,000 · May 2008May 2008 | 215,250 /yr | |
| 704 | 4-bed | 2,674 sqft | AED 2.37MAED 2,368,470 · Apr 2022April 2022 | ||
| 705 | 3-bed | 1,925 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 170,000 /yr | |
| 706 | 3-bed | 1,925 sqft | AED 699KAED 699,000 · Jul 2007July 2007 | 122,000 /yr |
702, Rimal 5 in numbers
- Sold once: by Dubai Properties on 29 December 2008 for AED 699,000, or AED 362 per sqft.
- Rented since May 2013 on 8 Ejari contracts, from AED 144,000 to AED 244,343 a year.
- At AED 244,343 a year the gross yield on the 2008 price is 35.0%, before a service charge of about AED 30,800 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 15 July 2025.
Questions about 702, Rimal 5
What did unit 702 last sell for?
AED 699,000 on 29 December 2008, sold by the developer: AED 362 per sqft for 1,928 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 244,343 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 245,000; the unit has been rented since May 2013.
How big is unit 702?
1,928 sqft (179.1 sqm): a three-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 702 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 702, Rimal 5
Starts from the last sale price (AED 699K, 29 December 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →