
1705, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1705, The Residences 5 (E2)
What is 1705 worth today?
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Source: Dubai Land Department. Updated 1 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 17th of 33
- Parking
- L1-951
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 2.4M · January 2013
- Building
- The Residences 5 (E2)
About 1705, The Residences 5 (E2)
1705 is a two-bedroom apartment of 1,365 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 7 January 2013 for AED 2,400,000, or AED 1,758 per sqft, 20% above the AED 1,465 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 115,500 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 31,400 a year.
Sales and rents for 1705 over time
1705 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 1705 sits
All 61 2-beds →1705 last sold in January 2013 at AED 1,758 per sqft, 20% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,465). 1705's AED 115,500 is at the bottom 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 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 | |
| 1703 | 1-bed | 1,092 sqft | AED 1.63MAED 1,625,000 · Nov 2021November 2021 | 80,000 /yr | |
| 1704 | 1-bed | 906 sqft | AED 700KAED 700,000 · Jun 2010June 2010 | 115,000 /yr |
1705, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 7 January 2013 for AED 2,400,000, or AED 1,758 per sqft.
- Rented since July 2013 on 6 Ejari contracts, from AED 160,000 to AED 115,500 a year.
- At AED 115,500 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 1 April 2022.
Questions about 1705, The Residences 5 (E2)
What did unit 1705 last sell for?
AED 2,400,000 on 7 January 2013, sold by the developer: AED 1,758 per sqft for 1,365 sqft. It is the only registered sale of the unit.
What is the rent for unit 1705?
AED 115,500 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 110,000; the unit has been rented since July 2013.
How big is unit 1705?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.
What is unit 1705 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 1705, The Residences 5 (E2)
Starts from the last sale price (AED 2.4M, 7 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →