3-bed · 1,838 sqftThe Residences 5 (E2), Downtown Dubai · 12th floor · completed 2007

1201, The Residences 5 (E2)

Sold prices and rental history: sold 4 times, last in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 13 December 2017
Last soldAED 4M13 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, The Residences 5 (E2)

What is 1201 worth today?

Last sold for AED 4,000,000 in 2017

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13 Dec 2017SoldReady
AED 4,000,000AED 2,176 per sqft
30 May 2010SoldReady
AED 3,700,000AED 2,012 per sqft
3 Jun 2008Sold by developerReady
AED 2,435,000AED 1,324 per sqft
3 Jun 2008SoldReady
AED 5,150,000AED 2,801 per sqft

Source: Dubai Land Department. Updated 13 December 2017.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
12th of 33
Parking
B2 -336,B2-337
Developer
Emaar
Completed
2007
Service charge
AED 42,300 /yr
Last sold
AED 4M · December 2017

About 1201, The Residences 5 (E2)

1201 is a three-bedroom apartment of 1,838 sqft on the 12th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 December 2017 for AED 4,000,000, or AED 2,176 per sqft, 20% below the AED 2,712 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in The Residences 5 (E2)
5M2008201220162020Typical sale price by year: 2008 AED 1,908,800; 2010 AED 3,120,000; 2011 AED 2,830,000; 2012 AED 4,450,000; 2013 AED 6,050,000; 2014 AED 7,600,000; 2015 AED 4,025,000; 2017 AED 4,985,000; 2021 AED 4,405,487Sold by developer, June 2008: AED 2,435,000 (AED 1,324 per sqft)Sold, June 2008: AED 5,150,000 (AED 2,801 per sqft)Sold, May 2010: AED 3,700,000 (AED 2,012 per sqft)Sold, December 2017: AED 4,000,000 (AED 2,176 per sqft)

1201 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in The Residences 5 (E2)
200K250K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 252,500; 2014 AED 265,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 270,000; 2018 AED 215,000; 2019 AED 212,500; 2020 AED 210,000; 2021 AED 210,000; 2022 AED 220,000; 2023 AED 235,000; 2024 AED 260,000; 2025 AED 290,000; 2026 AED 275,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences 5 (E2), and where 1201 sits

All 31 3-beds →

1201 last sold in December 2017 at AED 2,176 per sqft, 20% below what three-beds in The Residences 5 (E2) were fetching at the time (AED 2,712).

Recent 3-bed salesUnit no.Price (AED)Summary
11 Jul 20244,400,000
4 Sep 20237,000,000
28 Feb 20225,000,000
8 Mar 20214,500,000
0 3-bed sales in the last 12 months

The Residences 5 (E2)

Building

154 apartments, 1-bed to 4-bed over 33 floors in Downtown Dubai, completed in 2007 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,152
Typical sale
AED 2.28M
Typical rent
AED 160K /yr
Typical yield
5.8%
The Residences 5 (E2), Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 154 units in The Residences 5 (E2)
Value
12022-bedAED 1.22M · Jun 2013
12031-bedAED 2.13M · Oct 2015
12041-bedAED 1.2M · May 2012
12052-bedAED 1.93M · Feb 2012

1201, The Residences 5 (E2) in numbers

  • Sold 4 times: first on 3 June 2008 for AED 5,150,000, last on 13 December 2017 for AED 4,000,000 (AED 2,176 per sqft).

Source: Dubai Land Department. Updated 13 December 2017.

Questions about 1201, The Residences 5 (E2)

What did unit 1201 last sell for?

AED 4,000,000 on 13 December 2017: AED 2,176 per sqft for 1,838 sqft. The unit has 4 registered sales; the first was AED 5,150,000 in June 2008.

How big is unit 1201?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 12th floor of a 33-storey tower completed in 2007.

What is unit 1201 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 1201, The Residences 5 (E2)

Starts from the last sale price (AED 4M, 13 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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