2302, The Residences 5 (E2)
Sold prices and rental history: sold 4 times, last in May 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, The Residences 5 (E2)
What is 2302 worth today?
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Source: Dubai Land Department. Updated 29 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 23rd of 33
- Parking
- P-23
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 4.85M · May 2017
- Building
- The Residences 5 (E2)
About 2302, The Residences 5 (E2)
2302 is a two-bedroom apartment of 1,431 sqft on the 23rd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 30 May 2017 for AED 4,850,000, or AED 3,389 per sqft, 49% above the AED 2,271 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 29 September 2025, is AED 170,000 a year: a gross yield of 3.5% on the 2017 price, before the service charge of about AED 32,900 a year.
Sales and rents for 2302 over time
2302 has sold 4 times; 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 2302 sits
All 61 2-beds →2302 last sold in May 2017 at AED 3,389 per sqft, 49% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,271). 2302's AED 170,000 is in the lower half 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 23rd floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,838 sqft | AED 3.95MAED 3,950,000 · Jan 2021January 2021 | 280,000 /yr | |
| 2303 | 1-bed | 1,092 sqft | AED 931KAED 930,800 · Mar 2009March 2009 | 120,000 /yr | |
| 2304 | 1-bed | 906 sqft | AED 850KAED 850,000 · Jul 2019July 2019 | 115,000 /yr | |
| 2305 | 2-bed | 1,365 sqft | AED 2.8MAED 2,800,000 · May 2022May 2022 | 160,000 /yr |
2302, The Residences 5 (E2) in numbers
- Sold 4 times: first on 16 May 2011 for AED 1,434,800, last on 30 May 2017 for AED 4,850,000 (AED 3,389 per sqft).
- Rented since December 2012 on 10 Ejari contracts, from AED 70,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2017 price is 3.5%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 29 September 2025.
Questions about 2302, The Residences 5 (E2)
What did unit 2302 last sell for?
AED 4,850,000 on 30 May 2017: AED 3,389 per sqft for 1,431 sqft. The unit has 4 registered sales; the first was AED 1,434,800 in May 2011.
What is the rent for unit 2302?
AED 170,000 a year on the contract signed on 29 September 2025. The previous contract, from August 2023, was AED 132,825; the unit has been rented since December 2012.
How big is unit 2302?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2007.
What is unit 2302 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 2302, The Residences 5 (E2)
Starts from the last sale price (AED 4.85M, 30 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 4,850,000
- Deposit, UAE resident (20%)
- AED 970,000
- Deposit, non-resident (40%)
- AED 1,940,000
- Monthly over 25 years at 3.7%
- AED 19,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →