1703, The Residences 5 (E2)
Sold prices and rental history: sold 4 times, last in November 2021, 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 1703, The Residences 5 (E2)
What is 1703 worth today?
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Source: Dubai Land Department. Updated 2 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 17th of 33
- Parking
- L1-897
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.63M · November 2021
- Building
- The Residences 5 (E2)
About 1703, The Residences 5 (E2)
1703 is a one-bedroom apartment of 1,092 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 3 November 2021 for AED 1,625,000, or AED 1,488 per sqft, 8% above the AED 1,379 one-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 2 March 2022, is AED 80,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 25,100 a year.
Sales and rents for 1703 over time
1703 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1703 sits
All 60 1-beds →1703 last sold in November 2021 at AED 1,488 per sqft, 8% above what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,379). 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. 1703's AED 80,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,092 sqft | 2,450,000 | 2,243 | ||
| 25 Sep 202625 September 2026 | 1,092 sqft | 2,350,000 | 2,152 | ||
| 23 Jul 202623 July 2026 | 906 sqft | 2,060,000 | 2,273 | ||
| 11 Jun 202611 June 2026 | 906 sqft | 1,375,000 | 1,517 |
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 17th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,838 sqft | AED 7MAED 7,000,000 · Sep 2023September 2023 | 212,500 /yr | |
| 1702 | 2-bed | 1,431 sqft | AED 2MAED 2,000,000 · Nov 2010November 2010 | 150,000 /yr | |
| 1704 | 1-bed | 906 sqft | AED 700KAED 700,000 · Jun 2010June 2010 | 115,000 /yr | |
| 1705 | 2-bed | 1,365 sqft | AED 2.4MAED 2,400,000 · Jan 2013January 2013 | 115,500 /yr |
1703, The Residences 5 (E2) in numbers
- Sold 4 times: first on 31 March 2009 for AED 1,050,000, last on 3 November 2021 for AED 1,625,000 (AED 1,488 per sqft).
- Rented since April 2014 on 11 Ejari contracts, from AED 125,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2021 price is 4.9%, 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 2 March 2022.
Questions about 1703, The Residences 5 (E2)
What did unit 1703 last sell for?
AED 1,625,000 on 3 November 2021: AED 1,488 per sqft for 1,092 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in March 2009.
What is the rent for unit 1703?
AED 80,000 a year on the contract signed on 2 March 2022. The previous contract, from March 2021, was AED 75,000; the unit has been rented since April 2014.
How big is unit 1703?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.
What is unit 1703 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 1703, The Residences 5 (E2)
Starts from the last sale price (AED 1.63M, 3 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →