3-bed · 1,838 sqftThe Residences 5 (E2), Downtown Dubai · 24th floor · completed 2007

2401, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in April 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 14 April 2010
Last soldAED 4.14M14 April 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, The Residences 5 (E2)

What is 2401 worth today?

Last sold for AED 4,138,888 in 2010

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14 Apr 2010Sold by developerReady
AED 4,138,888AED 2,251 per sqft

Source: Dubai Land Department. Updated 14 April 2010.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
24th of 33
Parking
B2 -461,B2-462
Developer
Emaar
Completed
2007
Service charge
AED 42,300 /yr
Last sold
AED 4.14M · April 2010

About 2401, The Residences 5 (E2)

2401 is a three-bedroom apartment of 1,838 sqft on the 24th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 14 April 2010 for AED 4,138,888, or AED 2,251 per sqft, 33% above the AED 1,697 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical three-bed in The Residences 5 (E2)
5M2008201220162020Typical sale price by year: 2008 AED 1,908,800; 2010 AED 3,120,000; 2011 AED 2,830,000; 2012 AED 4,450,000; 2013 AED 6,050,000; 2014 AED 7,600,000; 2015 AED 4,025,000; 2017 AED 4,985,000; 2021 AED 4,405,487Sold by developer, April 2010: AED 4,138,888 (AED 2,251 per sqft)

2401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, each contractTypical three-bed in The Residences 5 (E2)
200K250K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 252,500; 2014 AED 265,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 270,000; 2018 AED 215,000; 2019 AED 212,500; 2020 AED 210,000; 2021 AED 210,000; 2022 AED 220,000; 2023 AED 235,000; 2024 AED 260,000; 2025 AED 290,000; 2026 AED 275,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences 5 (E2), and where 2401 sits

All 31 3-beds →

2401 last sold in April 2010 at AED 2,251 per sqft, 33% above what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,697).

Recent 3-bed salesUnit no.Price (AED)Summary
11 Jul 20244,400,000
4 Sep 20237,000,000
28 Feb 20225,000,000
8 Mar 20214,500,000
0 3-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 24th floor

All 154 units in The Residences 5 (E2)
Value
24022-bedAED 1.44M · Aug 2010
24031-bedAED 936K · Aug 2013
24041-bedAED 1.85M · Dec 2016
24052-bedAED 1.81M · Oct 2012

2401, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 14 April 2010 for AED 4,138,888, or AED 2,251 per sqft.

Source: Dubai Land Department. Updated 14 April 2010.

Questions about 2401, The Residences 5 (E2)

What did unit 2401 last sell for?

AED 4,138,888 on 14 April 2010, sold by the developer: AED 2,251 per sqft for 1,838 sqft. It is the only registered sale of the unit.

How big is unit 2401?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.

What is unit 2401 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 2401, The Residences 5 (E2)

Starts from the last sale price (AED 4.14M, 14 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 4,138,888
Deposit, UAE resident (20%)
AED 827,778
Deposit, non-resident (40%)
AED 1,655,555
Monthly over 25 years at 3.7%
AED 16,933

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