2304, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in July 2019, 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 2304, The Residences 5 (E2)
What is 2304 worth today?
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Source: Dubai Land Department. Updated 3 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 23rd of 33
- Parking
- P-17
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 850K · July 2019
- Building
- The Residences 5 (E2)
About 2304, The Residences 5 (E2)
2304 is a one-bedroom apartment of 906 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 11 July 2019 for AED 850,000, or AED 938 per sqft, 32% below the AED 1,373 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 115,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 20,800 a year.
Sales and rents for 2304 over time
2304 has sold twice; 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 2304 sits
All 60 1-beds →2304 last sold in July 2019 at AED 938 per sqft, 32% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,373). 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. 2304's AED 115,000 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 | |
| 2303 | 1-bed | 1,092 sqft | AED 931KAED 930,800 · Mar 2009March 2009 | 120,000 /yr | |
| 2305 | 2-bed | 1,365 sqft | AED 2.8MAED 2,800,000 · May 2022May 2022 | 160,000 /yr |
2304, The Residences 5 (E2) in numbers
- Sold twice: first on 22 August 2010 for AED 739,800, last on 11 July 2019 for AED 850,000 (AED 938 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 115,000 by June 2026.
- At AED 115,000 a year the gross yield on the 2019 price is 13.5%, 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 3 June 2026.
Questions about 2304, The Residences 5 (E2)
What did unit 2304 last sell for?
AED 850,000 on 11 July 2019: AED 938 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 739,800 in August 2010.
What is the rent for unit 2304?
AED 115,000 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 115,000; the unit has been rented since September 2013.
How big is unit 2304?
906 sqft (84.2 sqm): a one-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2007.
What is unit 2304 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 2304, The Residences 5 (E2)
Starts from the last sale price (AED 850K, 11 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →