2,679 sqftRimal 5, Jumeirah Beach Residence · 9th floor · completed 2007

903, Rimal 5

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 949K1 April 2013
Current rentAED 144K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Rimal 5

What is 903 worth today?

Last sold for AED 949,000 in 2013

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15 Sep 2021RentedRenewal
AED 144,000/yr12 months · AED 54 per sqft
15 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 49 per sqft
2 May 2019RentedRenewal
AED 205,571/yr12 months · AED 77 per sqft
2 May 2018RentedRenewal
AED 220,000/yr12 months · AED 82 per sqft
2 May 2017RentedRenewal
AED 240,000/yr12 months · AED 90 per sqft
1 May 2016RentedRenewal
AED 239,357/yr12 months · AED 89 per sqft
1 May 2014RentedNew contract
AED 240,000/yr12 months · AED 90 per sqft
1 Apr 2013Sold by developerReady
AED 949,000AED 354 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2021.

Key facts

Type
Apartment
Size
2,679 sqft
Floor
9th of 40
Parking
M167-8
Developer
Dubai Properties
Completed
2007
Service charge
AED 42,700 /yr
Last sold
AED 949K · April 2013
Building
Rimal 5

About 903, Rimal 5

903 is an apartment of 2,679 sqft on the 9th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 1 April 2013 for AED 949,000, or AED 354 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 September 2021, is AED 144,000 a year: a gross yield of 15.2% on the 2013 price, before the service charge of about AED 42,700 a year.

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 9th floor

All 198 units in Rimal 5
Value
9013-bedAED 699K · Dec 2008
9023-bedAED 699K · Apr 2014
9044-bedAED 3.04M · Apr 2008
9053-bedAED 2.96M · Jan 2022
9063-bedAED 699K · Oct 2012

903, Rimal 5 in numbers

  • Sold once: by Dubai Properties on 1 April 2013 for AED 949,000, or AED 354 per sqft.
  • Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 240,000 to AED 130,000 in 2020 and recovered to AED 144,000 by September 2021.
  • At AED 144,000 a year the gross yield on the 2013 price is 15.2%, before a service charge of about AED 42,700 a year (AED 15.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2021.

Questions about 903, Rimal 5

What did unit 903 last sell for?

AED 949,000 on 1 April 2013, sold by the developer: AED 354 per sqft for 2,679 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 144,000 a year on the contract renewed on 15 September 2021. The previous contract, from September 2020, was AED 130,000; the unit has been rented since May 2014.

How big is unit 903?

2,679 sqft (248.9 sqm): an apartment on the 9th floor of a 40-storey tower completed in 2007.

What is unit 903 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 903, Rimal 5

Starts from the last sale price (AED 949K, 1 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

Plus AED 44,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →