2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 14th floor · completed 2007

1405, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.3M19 October 2023
Current rentAED 190K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, The Residences 5 (E2)

What is 1405 worth today?

Last sold for AED 2,300,000 in 2023

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1 Aug 2025RentedNew contract
AED 190,000/yr12 months · AED 139 per sqft
1 Aug 2025RentedNew contract
AED 190,000/yr12 months · AED 139 per sqft
1 Aug 2024RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
19 Oct 2023SoldReady
AED 2,300,000AED 1,685 per sqft
26 Jan 2023RentedRenewal
AED 145,000/yr12 months · AED 107 per sqft
26 Jan 2022RentedNew contract
AED 145,000/yr12 months · AED 106 per sqft
20 May 2021RentedNew contract
AED 115,000/yr12 months · AED 84 per sqft
11 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
14th of 33
Parking
L1-899
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 2.3M · October 2023

About 1405, The Residences 5 (E2)

1405 is a two-bedroom apartment of 1,365 sqft on the 14th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 19 October 2023 for AED 2,300,000, or AED 1,685 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 190,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 31,400 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in The Residences 5 (E2)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,372,800; 2009 AED 1,272,800; 2010 AED 1,446,300; 2011 AED 1,846,944; 2012 AED 2,350,000; 2013 AED 3,400,000; 2014 AED 5,118,000; 2016 AED 3,300,000; 2017 AED 2,975,000; 2020 AED 2,500,000; 2021 AED 2,900,000; 2023 AED 2,875,000; 2024 AED 3,785,000Sold by developer, June 2009: AED 1,288,800 (AED 944 per sqft)Sold, October 2023: AED 2,300,000 (AED 1,685 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in The Residences 5 (E2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 182,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 112,500; 2021 AED 115,500; 2022 AED 135,000; 2023 AED 152,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 175,000New contract, November 2019: AED 115,000 a yearRenewal, November 2020: AED 95,000 a yearNew contract, May 2021: AED 115,000 a yearNew contract, January 2022: AED 145,000 a yearRenewal, January 2023: AED 145,000 a yearNew contract, August 2024: AED 175,000 a yearNew contract, August 2025: AED 190,000 a yearNew contract, August 2025: AED 190,000 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 The Residences 5 (E2), and where 1405 sits

All 61 2-beds →

1405's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 May 20254,700,000
6 Feb 20254,000,000
30 Oct 20244,550,000
1 Oct 20243,760,478
0 2-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 14th floor

All 154 units in The Residences 5 (E2)
Value
14013-bedAED 1.81M · May 2010
14022-bedAED 1.36M · Dec 2008
14031-bedAED 2.05M · May 2013
14041-bedAED 1.35M · Apr 2013

1405, The Residences 5 (E2) in numbers

  • Sold twice: first on 10 June 2009 for AED 1,288,800, last on 19 October 2023 for AED 2,300,000 (AED 1,685 per sqft).
  • Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2020 and recovered to AED 190,000 by August 2025.
  • At AED 190,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 1405, The Residences 5 (E2)

What did unit 1405 last sell for?

AED 2,300,000 on 19 October 2023: AED 1,685 per sqft for 1,365 sqft. The unit has 2 registered sales; the first was AED 1,288,800 in June 2009.

What is the rent for unit 1405?

AED 190,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 190,000; the unit has been rented since November 2019.

How big is unit 1405?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 14th floor of a 33-storey tower completed in 2007.

What is unit 1405 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 1405, The Residences 5 (E2)

Starts from the last sale price (AED 2.3M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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