1-bed · 1,092 sqftThe Residences 5 (E2), Downtown Dubai · 15th floor · completed 2007

1503, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 2.38M13 January 2026
Current rentAED 91K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Residences 5 (E2)

What is 1503 worth today?

Last sold for AED 2,375,000 in 2026

Unlock today's estimate, updated daily, with

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

13 Jan 2026SoldReady
AED 2,375,000AED 2,174 per sqft
29 Nov 2024RentedRenewal
AED 90,957/yr12 months · AED 83 per sqft
29 Nov 2023RentedRenewal
AED 82,688/yr12 months · AED 76 per sqft
29 Nov 2022RentedRenewal
AED 82,688/yr12 months · AED 76 per sqft
29 Nov 2021RentedRenewal
AED 78,750/yr12 months · AED 72 per sqft
29 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
10 Nov 2019RentedRenewal
AED 87,000/yr12 months · AED 80 per sqft
10 Nov 2018RentedRenewal
AED 95,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
1-bed apartment
Size
1,092 sqft
Floor
15th of 33
Parking
L1-953
Developer
Emaar
Completed
2007
Service charge
AED 25,100 /yr
Last sold
AED 2.38M · January 2026

About 1503, The Residences 5 (E2)

1503 is a one-bedroom apartment of 1,092 sqft on the 15th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 January 2026 for AED 2,375,000, or AED 2,174 per sqft, in line with the AED 2,129 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 29 November 2024, is AED 90,957 a year: a gross yield of 3.8% on the 2026 price, before the service charge of about AED 25,100 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in The Residences 5 (E2)
1M2M2008201320182023Typical sale price by year: 2008 AED 800,000; 2009 AED 865,800; 2010 AED 877,800; 2011 AED 1,012,500; 2012 AED 1,175,000; 2013 AED 1,490,000; 2015 AED 2,000,000; 2017 AED 2,100,000; 2019 AED 1,425,000; 2021 AED 1,249,000; 2023 AED 1,975,000; 2024 AED 1,852,500; 2025 AED 2,225,000; 2026 AED 2,262,500Sold, January 2026: AED 2,375,000 (AED 2,174 per sqft)

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in The Residences 5 (E2)
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 102,500; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000New contract, January 2012: AED 90,000 a yearNew contract, August 2012: AED 90,000 a yearRenewal, August 2013: AED 90,000 a yearNew contract, August 2014: AED 90,000 a yearRenewal, August 2015: AED 94,500 a yearNew contract, October 2016: AED 120,000 a yearNew contract, November 2017: AED 105,000 a yearRenewal, November 2018: AED 95,000 a yearRenewal, November 2019: AED 87,000 a yearNew contract, November 2020: AED 75,000 a yearRenewal, November 2021: AED 78,750 a yearRenewal, November 2022: AED 82,688 a yearRenewal, November 2023: AED 82,688 a yearRenewal, November 2024: AED 90,957 a year

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

1-beds in The Residences 5 (E2), and where 1503 sits

All 60 1-beds →

1503 last sold in January 2026 at AED 2,174 per sqft, in line with what one-beds in The Residences 5 (E2) were fetching at the time (AED 2,129). Over the last 12 months one-beds sold for AED 1,375,000 to 2,450,000, around AED 2,152 per sqft, and rent for AED 90,000 to 157,500 a year. 1503's AED 90,957 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20262,450,000
25 Sep 20262,350,000
23 Jul 20262,060,000
11 Jun 20261,375,000
7 1-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 15th floor

All 154 units in The Residences 5 (E2)
Value
15013-bedAED 7.9M · Jun 2014
15022-bedAED 5.2M · Jul 2024
15041-bedAED 2.18M · Oct 2025
15052-bedAED 1.23M · Jun 2010

1503, The Residences 5 (E2) in numbers

  • Sold twice: first on 25 April 2010 for AED 425,900, last on 13 January 2026 for AED 2,375,000 (AED 2,174 per sqft).
  • Rented since January 2012 on 14 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 90,957 by November 2024.
  • At AED 90,957 a year the gross yield on the 2026 price is 3.8%, before a service charge of about AED 25,100 a year (AED 23.00 per sqft).
  • One-beds in The Residences 5 (E2) sold for AED 1,375,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,152 per sqft.

Source: Dubai Land Department. Updated 13 January 2026.

Questions about 1503, The Residences 5 (E2)

What did unit 1503 last sell for?

AED 2,375,000 on 13 January 2026: AED 2,174 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 425,900 in April 2010.

What is the rent for unit 1503?

AED 90,957 a year on the contract renewed on 29 November 2024. The previous contract, from November 2023, was AED 82,688; the unit has been rented since January 2012.

How big is unit 1503?

1,092 sqft (101.5 sqm): a one-bedroom apartment on the 15th floor of a 33-storey tower completed in 2007.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 5 (E2) sold for AED 1,375,000 to 2,450,000 in the last 12 months, around AED 2,152 per sqft.

Selling 1503? 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 1503, The Residences 5 (E2)

Starts from the last sale price (AED 2.38M, 13 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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