2303, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in March 2009, 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 2303, The Residences 5 (E2)
What is 2303 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 23rd of 33
- Parking
- P-16
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 931K · March 2009
- Building
- The Residences 5 (E2)
About 2303, The Residences 5 (E2)
2303 is a one-bedroom apartment of 1,092 sqft on the 23rd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 22 March 2009 for AED 930,800, or AED 852 per sqft, 3% above the AED 827 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 18 October 2026, is AED 120,000 a year: a gross yield of 12.9% on the 2009 price, before the service charge of about AED 25,100 a year.
Sales and rents for 2303 over time
2303 has sold once; 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 2303 sits
All 60 1-beds →2303 last sold in March 2009 at AED 852 per sqft, 3% above what one-beds in The Residences 5 (E2) were fetching at the time (AED 827). 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. 2303's AED 120,000 is in the lower half 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 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 | |
| 2302 | 2-bed | 1,431 sqft | AED 4.85MAED 4,850,000 · May 2017May 2017 | 170,000 /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 |
2303, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 22 March 2009 for AED 930,800, or AED 852 per sqft.
- Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2023 and recovered to AED 120,000 by October 2026.
- At AED 120,000 a year the gross yield on the 2009 price is 12.9%, 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 18 October 2026.
Questions about 2303, The Residences 5 (E2)
What did unit 2303 last sell for?
AED 930,800 on 22 March 2009, sold by the developer: AED 852 per sqft for 1,092 sqft. It is the only registered sale of the unit.
What is the rent for unit 2303?
AED 120,000 a year on the contract signed on 18 October 2026. The previous contract, from June 2024, was AED 95,000; the unit has been rented since March 2014.
How big is unit 2303?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2007.
What is unit 2303 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 2303, The Residences 5 (E2)
Starts from the last sale price (AED 931K, 22 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 930,800
- Deposit, UAE resident (20%)
- AED 186,160
- Deposit, non-resident (40%)
- AED 372,320
- Monthly over 25 years at 3.7%
- AED 3,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →