2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 15th floor · completed 2007

1505, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.23M21 June 2010
Current rentAED 168K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, The Residences 5 (E2)

What is 1505 worth today?

Last sold for AED 1,232,800 in 2010

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1 Nov 2025RentedRenewal
AED 168,000/yr12 months · AED 123 per sqft
1 Nov 2024RentedRenewal
AED 168,000/yr12 months · AED 123 per sqft
1 Nov 2023RentedRenewal
AED 160,000/yr12 months · AED 117 per sqft
1 Nov 2022RentedNew contract
AED 160,000/yr12 months · AED 117 per sqft
29 Sep 2020RentedRenewal
AED 98,000/yr12 months · AED 72 per sqft
29 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
15 Jan 2017RentedRenewal
AED 175,000/yr12 months · AED 128 per sqft
15 Jan 2016RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
15th of 33
Parking
L1-955
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 1.23M · June 2010

About 1505, The Residences 5 (E2)

1505 is a two-bedroom apartment of 1,365 sqft on the 15th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 21 June 2010 for AED 1,232,800, or AED 903 per sqft, 35% below the AED 1,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 168,000 a year: a gross yield of 13.6% on the 2010 price, before the service charge of about AED 31,400 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 2010: AED 1,232,800 (AED 903 per sqft)

1505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, January 2015: AED 140,000 a yearNew contract, January 2016: AED 175,000 a yearRenewal, January 2017: AED 175,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2020: AED 98,000 a yearNew contract, November 2022: AED 160,000 a yearRenewal, November 2023: AED 160,000 a yearRenewal, November 2024: AED 168,000 a yearRenewal, November 2025: AED 168,000 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 1505 sits

All 61 2-beds →

1505 last sold in June 2010 at AED 903 per sqft, 35% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,396). 1505's AED 168,000 is in the lower 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 15th floor

All 154 units in The Residences 5 (E2)
Value
15013-bedAED 7.9M · Jun 2014
15022-bedAED 5.2M · Jul 2024
15031-bedAED 2.38M · Jan 2026
15041-bedAED 2.18M · Oct 2025

1505, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 21 June 2010 for AED 1,232,800, or AED 903 per sqft.
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 98,000 in 2020 and recovered to AED 168,000 by November 2025.
  • At AED 168,000 a year the gross yield on the 2010 price is 13.6%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 1505, The Residences 5 (E2)

What did unit 1505 last sell for?

AED 1,232,800 on 21 June 2010, sold by the developer: AED 903 per sqft for 1,365 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 168,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 168,000; the unit has been rented since January 2015.

How big is unit 1505?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 15th floor of a 33-storey tower completed in 2007.

What is unit 1505 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 1505, The Residences 5 (E2)

Starts from the last sale price (AED 1.23M, 21 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,232,800
Deposit, UAE resident (20%)
AED 246,560
Deposit, non-resident (40%)
AED 493,120
Monthly over 25 years at 3.7%
AED 5,044

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