2-bed · 2,576 sqftAttareen Residences, Downtown Dubai · 5th floor · completed 2008

5223, Attareen Residences

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5223 · DLD and Ejari recordsUpdated 31 October 2019
Last soldAED 2.76M31 October 2019
Current rentAED 175K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5223, Attareen Residences

What is 5223 worth today?

Last sold for AED 2,755,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Oct 2019SoldReady
AED 2,755,000AED 1,069 per sqft
1 May 2019RentedRenewal
AED 175,000/yr12 months · AED 68 per sqft
1 May 2019RentedNew contract
AED 175,000/yr12 months · AED 68 per sqft
1 Nov 2018RentedRenewal
AED 175,000/yr6 months · AED 68 per sqft
1 Nov 2017RentedRenewal
AED 175,000/yr12 months · AED 68 per sqft
8 Oct 2016RentedRenewal
AED 175,203/yr13 months · AED 68 per sqft
8 Oct 2015RentedNew contract
AED 175,000/yr12 months · AED 68 per sqft
11 Apr 2014RentedRenewal
AED 154,839/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 31 October 2019.

Key facts

Type
2-bed apartment
Size
2,576 sqft
Floor
5th of 7
Parking
4.235/236
Developer
Emaar
Completed
2008
Service charge
AED 60,500 /yr
Last sold
AED 2.76M · October 2019

About 5223, Attareen Residences

5223 is a two-bedroom apartment of 2,576 sqft on the 5th floor of Attareen Residences, a 7-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 31 October 2019 for AED 2,755,000, or AED 1,069 per sqft, 14% below the AED 1,238 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 May 2019, is AED 175,000 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 60,500 a year.

Sales and rents for 5223 over time

Sales
Unit 5223, each saleTypical two-bed in Attareen Residences
4M2009201420192024Typical sale price by year: 2009 AED 2,730,595; 2010 AED 2,676,888; 2011 AED 4,019,444; 2012 AED 3,200,000; 2013 AED 3,725,000; 2014 AED 3,700,000; 2015 AED 4,350,000; 2016 AED 3,350,000; 2017 AED 3,450,000; 2018 AED 2,500,000; 2019 AED 2,677,500; 2021 AED 3,500,000; 2022 AED 4,350,000; 2023 AED 3,300,000; 2024 AED 3,562,500; 2025 AED 4,500,000; 2026 AED 4,900,000Sold by developer, May 2010: AED 3,250,000 (AED 1,261 per sqft)Sold, October 2019: AED 2,755,000 (AED 1,069 per sqft)

5223 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5223, each contractTypical two-bed in Attareen Residences
150K200K2012201620202024Typical rent by year: 2012 AED 188,500; 2013 AED 195,000; 2014 AED 213,000; 2015 AED 200,539; 2016 AED 195,000; 2017 AED 200,000; 2018 AED 177,500; 2019 AED 170,000; 2020 AED 157,500; 2021 AED 152,500; 2022 AED 165,000; 2023 AED 179,000; 2024 AED 190,000; 2025 AED 232,500; 2026 AED 230,000Renewal, April 2014: AED 154,839 a yearNew contract, October 2015: AED 175,000 a yearRenewal, October 2016: AED 175,203 a yearRenewal, November 2017: AED 175,000 a yearRenewal, November 2018: AED 175,000 a yearRenewal, May 2019: AED 175,000 a yearNew contract, May 2019: AED 175,000 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 Attareen Residences, and where 5223 sits

All 55 2-beds →

5223 last sold in October 2019 at AED 1,069 per sqft, 14% below what two-beds in Attareen Residences were fetching at the time (AED 1,238). Over the last 12 months two-beds sold for AED 4,050,000 to 15,300,000, around AED 2,564 per sqft, and rent for AED 180,000 to 530,000 a year. 5223's AED 175,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20264,600,000
18 Aug 20265,200,000
3 Feb 20264,050,000
30 Jan 202615,300,000
5 2-bed sales in the last 12 months

Attareen Residences

Building

88 apartments, 1-bed to 3-bed over 7 floors in Downtown Dubai, completed in 2008 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,600
Typical sale
AED 4.9M
Typical rent
AED 185K /yr
Typical yield
4.5%
Attareen Residences, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 88 units in Attareen Residences
Value
52032-bedAED 1.5M · Sep 2022
52041-bedAED 3.6M · May 2025
52051-bedAED 2.31M · May 2014
52062-bedAED 4.5M · Jul 2025
52072-bedAED 2.87M · Mar 2013
52082-bedAED 6M · Sep 2021
52092-bedAED 2.95M · Sep 2010
1–7 of 22

5223, Attareen Residences in numbers

  • Sold twice: first on 23 May 2010 for AED 3,250,000, last on 31 October 2019 for AED 2,755,000 (AED 1,069 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 154,839 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 6.3%, before a service charge of about AED 60,500 a year (AED 23.48 per sqft).
  • Two-beds in Attareen Residences sold for AED 4,050,000–15,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,600 per sqft.

Source: Dubai Land Department. Updated 31 October 2019.

Questions about 5223, Attareen Residences

What did unit 5223 last sell for?

AED 2,755,000 on 31 October 2019: AED 1,069 per sqft for 2,576 sqft. The unit has 2 registered sales; the first was AED 3,250,000 in May 2010.

What is the rent for unit 5223?

AED 175,000 a year on the contract renewed on 1 May 2019. The previous contract, from May 2019, was AED 175,000; the unit has been rented since April 2014.

How big is unit 5223?

2,576 sqft (239.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2008.

What is unit 5223 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Attareen Residences sold for AED 4,050,000 to 15,300,000 in the last 12 months, around AED 2,564 per sqft.

Selling 5223? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5223, Attareen Residences

Starts from the last sale price (AED 2.76M, 31 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,755,000
Deposit, UAE resident (20%)
AED 551,000
Deposit, non-resident (40%)
AED 1,102,000
Monthly over 25 years at 3.7%
AED 11,272

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →