2-bed · 1,431 sqftThe Residences 5 (E2), Downtown Dubai · 17th floor · completed 2007

1702, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 2M22 November 2010
Current rentAED 150K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Residences 5 (E2)

What is 1702 worth today?

Last sold for AED 2,000,000 in 2010

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1 Jul 2026RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
22 Aug 2024RentedNew contract
AED 183,000/yr12 months · AED 128 per sqft
22 Aug 2023RentedRenewal
AED 175,000/yr12 months · AED 123 per sqft
22 Aug 2022RentedRenewal
AED 142,500/yr12 months · AED 100 per sqft
22 Aug 2021RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
7 Feb 2019RentedNew contract
AED 160,000/yr12 months · AED 112 per sqft
14 Dec 2017RentedNew contract
AED 190,000/yr24 months · AED 133 per sqft
30 Nov 2016RentedRenewal
AED 175,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,431 sqft
Floor
17th of 33
Parking
L1-896
Developer
Emaar
Completed
2007
Service charge
AED 32,900 /yr
Last sold
AED 2M · November 2010

About 1702, The Residences 5 (E2)

1702 is a two-bedroom apartment of 1,431 sqft on the 17th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 22 November 2010 for AED 2,000,000, or AED 1,397 per sqft, 44% above the AED 967 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 150,000 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 1,256,800 (AED 878 per sqft)Sold, November 2010: AED 2,000,000 (AED 1,397 per sqft)

1702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, 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, December 2012: AED 152,000 a yearNew contract, December 2013: AED 152,000 a yearNew contract, November 2015: AED 182,000 a yearRenewal, November 2016: AED 175,000 a yearNew contract, December 2017: AED 190,000 a yearNew contract, February 2019: AED 160,000 a yearNew contract, August 2021: AED 135,000 a yearRenewal, August 2022: AED 142,500 a yearRenewal, August 2023: AED 175,000 a yearNew contract, August 2024: AED 183,000 a yearNew contract, July 2026: AED 150,000 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 1702 sits

All 61 2-beds →

1702 last sold in November 2010 at AED 1,397 per sqft, 44% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 967). 1702's AED 150,000 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 17th floor

All 154 units in The Residences 5 (E2)
Value
17013-bedAED 7M · Sep 2023
17031-bedAED 1.63M · Nov 2021
17041-bedAED 700K · Jun 2010
17052-bedAED 2.4M · Jan 2013

1702, The Residences 5 (E2) in numbers

  • Sold twice: first on 14 June 2009 for AED 1,256,800, last on 22 November 2010 for AED 2,000,000 (AED 1,397 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 152,000 to AED 135,000 in 2021 and recovered to AED 150,000 by July 2026.
  • At AED 150,000 a year the gross yield on the 2010 price is 7.5%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 1702, The Residences 5 (E2)

What did unit 1702 last sell for?

AED 2,000,000 on 22 November 2010: AED 1,397 per sqft for 1,431 sqft. The unit has 2 registered sales; the first was AED 1,256,800 in June 2009.

What is the rent for unit 1702?

AED 150,000 a year on the contract signed on 1 July 2026. The previous contract, from August 2024, was AED 183,000; the unit has been rented since December 2012.

How big is unit 1702?

1,431 sqft (132.9 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.

What is unit 1702 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 1702, The Residences 5 (E2)

Starts from the last sale price (AED 2M, 22 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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