1-bed · 906 sqftThe Residences 5 (E2), Downtown Dubai · 16th floor · completed 2007

1604, The Residences 5 (E2)

Sold prices and rental history: sold 3 times, last in July 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 23 July 2026
Last soldAED 2.06M23 July 2026
Current rentAED 135K /yr13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, The Residences 5 (E2)

What is 1604 worth today?

Last sold for AED 2,060,000 in 2026

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23 Jul 2026SoldReady
AED 2,060,000AED 2,273 per sqft
13 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 149 per sqft
5 Aug 2023RentedNew contract
AED 127,000/yr12 months · AED 140 per sqft
20 Jan 2023RentedRenewal
AED 86,000/yr12 months · AED 95 per sqft
20 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 88 per sqft
20 Jan 2021RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
20 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
21 May 2018RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 23 July 2026.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
16th of 33
Parking
L1-894
Developer
Emaar
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 2.06M · July 2026

About 1604, The Residences 5 (E2)

1604 is a one-bedroom apartment of 906 sqft on the 16th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 23 July 2026 for AED 2,060,000, or AED 2,273 per sqft, 7% above the AED 2,129 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 13 September 2024, is AED 135,000 a year: a gross yield of 6.6% on the 2026 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 by developer, January 2010: AED 1,250,000 (AED 1,379 per sqft)Sold, January 2012: AED 1,150,000 (AED 1,269 per sqft)Sold, July 2026: AED 2,060,000 (AED 2,273 per sqft)

1604 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in The Residences 5 (E2)
50K100K150K2012201620202024Typical 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, November 2015: AED 120,000 a yearRenewal, November 2016: AED 119,668 a yearNew contract, May 2018: AED 50,000 a yearNew contract, January 2020: AED 85,000 a yearRenewal, January 2021: AED 75,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 86,000 a yearNew contract, August 2023: AED 127,000 a yearNew contract, September 2024: AED 135,000 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 1604 sits

All 60 1-beds →

1604 last sold in July 2026 at AED 2,273 per sqft, 7% above 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. 1604's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20262,450,000
25 Sep 20262,350,000
11 Jun 20261,375,000
19 May 20262,175,000
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 16th floor

All 154 units in The Residences 5 (E2)
Value
16013-bedAED 7.7M · Apr 2014
16022-bedAED 2.42M · Jan 2011
16031-bedAED 1.5M · Apr 2019
16052-bedAED 1.3M · Jun 2010

1604, The Residences 5 (E2) in numbers

  • Sold 3 times: first on 21 January 2010 for AED 1,250,000, last on 23 July 2026 for AED 2,060,000 (AED 2,273 per sqft).
  • Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 50,000 in 2018 and recovered to AED 135,000 by September 2024.
  • At AED 135,000 a year the gross yield on the 2026 price is 6.6%, before a service charge of about AED 20,800 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 23 July 2026.

Questions about 1604, The Residences 5 (E2)

What did unit 1604 last sell for?

AED 2,060,000 on 23 July 2026: AED 2,273 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in January 2010.

What is the rent for unit 1604?

AED 135,000 a year on the contract signed on 13 September 2024. The previous contract, from August 2023, was AED 127,000; the unit has been rented since November 2015.

How big is unit 1604?

906 sqft (84.2 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2007.

What is unit 1604 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.

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Mortgage on 1604, The Residences 5 (E2)

Starts from the last sale price (AED 2.06M, 23 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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