1605, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, The Residences 5 (E2)
What is 1605 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 16th of 33
- Parking
- L1-895
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 1.3M · June 2010
- Building
- The Residences 5 (E2)
About 1605, The Residences 5 (E2)
1605 is a two-bedroom apartment of 1,365 sqft on the 16th 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 1,302,800, or AED 954 per sqft, 32% below the AED 1,396 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 January 2026, is AED 165,000 a year: a gross yield of 12.7% on the 2010 price, before the service charge of about AED 31,400 a year.
Sales and rents for 1605 over time
1605 has sold once; the dashed line is the two-bed median of each year in the building.
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 1605 sits
All 61 2-beds →1605 last sold in June 2010 at AED 954 per sqft, 32% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,396). 1605's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20257 May 2025 | 1,755 sqft | 4,700,000 | 2,678 | ||
| 6 Feb 20256 February 2025 | 1,431 sqft | 4,000,000 | 2,795 | ||
| 30 Oct 202430 October 2024 | 1,431 sqft | 4,550,000 | 3,179 | ||
| 1 Oct 20241 October 2024 | 1,755 sqft | 3,760,478 | 2,142 |
The Residences 5 (E2)
Building154 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%
Other units on the 16th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,838 sqft | AED 7.7MAED 7,700,000 · Apr 2014April 2014 | 270,000 /yr | |
| 1602 | 2-bed | 1,431 sqft | AED 2.42MAED 2,415,000 · Jan 2011January 2011 | 185,000 /yr | |
| 1603 | 1-bed | 1,092 sqft | AED 1.5MAED 1,500,000 · Apr 2019April 2019 | 110,000 /yr | |
| 1604 | 1-bed | 906 sqft | AED 2.06MAED 2,060,000 · Jul 2026July 2026 | 135,000 /yr |
1605, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 21 June 2010 for AED 1,302,800, or AED 954 per sqft.
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 195,000 to AED 95,000 in 2021 and recovered to AED 165,000 by January 2026.
- At AED 165,000 a year the gross yield on the 2010 price is 12.7%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 15 January 2026.
Questions about 1605, The Residences 5 (E2)
What did unit 1605 last sell for?
AED 1,302,800 on 21 June 2010, sold by the developer: AED 954 per sqft for 1,365 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 165,000 a year on the contract signed on 15 January 2026. The previous contract, from October 2024, was AED 138,230; the unit has been rented since April 2014.
How big is unit 1605?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 16th floor of a 33-storey tower completed in 2007.
What is unit 1605 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 1605, The Residences 5 (E2)
Starts from the last sale price (AED 1.3M, 21 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,302,800
- Deposit, UAE resident (20%)
- AED 260,560
- Deposit, non-resident (40%)
- AED 521,120
- Monthly over 25 years at 3.7%
- AED 5,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →