1-bed · 1,092 sqftThe Residences 5 (E2), Downtown Dubai · 20th floor · completed 2007

2003, The Residences 5 (E2)

Sold prices and rental history: sold 4 times, last in October 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 16 October 2019
Last soldAED 1.45M16 October 2019
Current rentAED 100K /yr15 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, The Residences 5 (E2)

What is 2003 worth today?

Last sold for AED 1,450,000 in 2019

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16 Oct 2019SoldReady
AED 1,450,000AED 1,327 per sqft
15 Jun 2019RentedRenewal
AED 100,000/yr12 months · AED 92 per sqft
15 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
21 Aug 2016RentedNew contract
AED 125,000/yr12 months · AED 115 per sqft
1 Aug 2013RentedNew contract
AED 95,000/yr8 months · AED 87 per sqft
3 Mar 2013SoldReady
AED 1,975,000AED 1,808 per sqft
1 Aug 2012RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
21 Dec 2009Sold by developerReady
AED 1,300,000AED 1,190 per sqft

Source: Dubai Land Department. Updated 16 October 2019.

Key facts

Type
1-bed apartment
Size
1,092 sqft
Floor
20th of 33
Parking
L1-911
Developer
Emaar
Completed
2007
Service charge
AED 25,100 /yr
Last sold
AED 1.45M · October 2019

About 2003, The Residences 5 (E2)

2003 is a one-bedroom apartment of 1,092 sqft on the 20th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 16 October 2019 for AED 1,450,000, or AED 1,327 per sqft, in line with the AED 1,350 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 15 June 2019, is AED 100,000 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 25,100 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, December 2009: AED 1,300,000 (AED 1,190 per sqft)Sold, December 2009: AED 917,800 (AED 840 per sqft)Sold, March 2013: AED 1,975,000 (AED 1,808 per sqft)Sold, October 2019: AED 1,450,000 (AED 1,327 per sqft)

2003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, 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, August 2012: AED 95,000 a yearNew contract, August 2013: AED 95,000 a yearNew contract, August 2016: AED 125,000 a yearNew contract, June 2018: AED 110,000 a yearRenewal, June 2019: AED 100,000 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 2003 sits

All 60 1-beds →

2003 last sold in October 2019 at AED 1,327 per sqft, in line with what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,350). 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. 2003's AED 100,000 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 20th floor

All 154 units in The Residences 5 (E2)
Value
20013-bedAED 7.9M · Apr 2015
20022-bedAED 3.64M · Oct 2012
20041-bedAED 1.4M · Mar 2019
20052-bedAED 667K · Jul 2009

2003, The Residences 5 (E2) in numbers

  • Sold 4 times: first on 21 December 2009 for AED 917,800, last on 16 October 2019 for AED 1,450,000 (AED 1,327 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 95,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 6.9%, 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 16 October 2019.

Questions about 2003, The Residences 5 (E2)

What did unit 2003 last sell for?

AED 1,450,000 on 16 October 2019: AED 1,327 per sqft for 1,092 sqft. The unit has 4 registered sales; the first was AED 917,800 in December 2009.

What is the rent for unit 2003?

AED 100,000 a year on the contract renewed on 15 June 2019. The previous contract, from June 2018, was AED 110,000; the unit has been rented since August 2012.

How big is unit 2003?

1,092 sqft (101.5 sqm): a one-bedroom apartment on the 20th floor of a 33-storey tower completed in 2007.

What is unit 2003 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 2003, The Residences 5 (E2)

Starts from the last sale price (AED 1.45M, 16 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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