1-bed · 906 sqftThe Residences 5 (E2), Downtown Dubai · 17th floor · completed 2007

1704, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 700K21 June 2010
Current rentAED 115K /yr11 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, The Residences 5 (E2)

What is 1704 worth today?

Last sold for AED 700,000 in 2010

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11 Sep 2025RentedRenewal
AED 115,000/yr12 months · AED 127 per sqft
11 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 127 per sqft
20 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
20 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
28 Dec 2021RentedRenewal
AED 76,000/yr12 months · AED 84 per sqft
28 Dec 2020RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
28 Sep 2020RentedRenewal
AED 105,000/yr3 months · AED 116 per sqft
28 Sep 2019RentedRenewal
AED 92,500/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
17th of 33
Parking
L1-898
Developer
Emaar
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 700K · June 2010

About 1704, The Residences 5 (E2)

1704 is a one-bedroom apartment of 906 sqft on the 17th 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 700,000, or AED 772 per sqft, 5% below the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 11 September 2025, is AED 115,000 a year: a gross yield of 16.4% on the 2010 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, June 2010: AED 700,000 (AED 772 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in The Residences 5 (E2)
75K100K125K2012201620202024Typical 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, September 2017: AED 110,000 a yearRenewal, September 2018: AED 105,000 a yearRenewal, September 2019: AED 92,500 a yearRenewal, September 2020: AED 105,000 a yearRenewal, December 2020: AED 72,000 a yearRenewal, December 2021: AED 76,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 100,000 a yearNew contract, September 2024: AED 115,000 a yearRenewal, September 2025: AED 115,000 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 1704 sits

All 60 1-beds →

1704 last sold in June 2010 at AED 772 per sqft, 5% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 812). 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. 1704's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20262,450,000
25 Sep 20262,350,000
23 Jul 20262,060,000
11 Jun 20261,375,000
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 17th floor

All 154 units in The Residences 5 (E2)
Value
17013-bedAED 7M · Sep 2023
17022-bedAED 2M · Nov 2010
17031-bedAED 1.63M · Nov 2021
17052-bedAED 2.4M · Jan 2013

1704, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 21 June 2010 for AED 700,000, or AED 772 per sqft.
  • Rented since September 2017 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 72,000 in 2020 and recovered to AED 115,000 by September 2025.
  • At AED 115,000 a year the gross yield on the 2010 price is 16.4%, 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 11 September 2025.

Questions about 1704, The Residences 5 (E2)

What did unit 1704 last sell for?

AED 700,000 on 21 June 2010, sold by the developer: AED 772 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 115,000 a year on the contract renewed on 11 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since September 2017.

How big is unit 1704?

906 sqft (84.2 sqm): a one-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.

What is unit 1704 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 1704, The Residences 5 (E2)

Starts from the last sale price (AED 700K, 21 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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