2402, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in August 2010, 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 2402, The Residences 5 (E2)
What is 2402 worth today?
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Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 24th of 33
- Parking
- P-19
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 1.44M · August 2010
- Building
- The Residences 5 (E2)
About 2402, The Residences 5 (E2)
2402 is a two-bedroom apartment of 1,431 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 22 August 2010 for AED 1,442,800, or AED 1,008 per sqft, 4% above the AED 967 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 5 March 2026, is AED 220,000 a year: a gross yield of 15.3% on the 2010 price, before the service charge of about AED 32,900 a year.
Sales and rents for 2402 over time
2402 has sold once; 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 2402 sits
All 61 2-beds →2402 last sold in August 2010 at AED 1,008 per sqft, 4% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 967). 2402's AED 220,000 is at the top 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 24th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,838 sqft | AED 4.14MAED 4,138,888 · Apr 2010April 2010 | ||
| 2403 | 1-bed | 1,092 sqft | AED 936KAED 935,800 · Aug 2013August 2013 | 125,000 /yr | |
| 2404 | 1-bed | 906 sqft | AED 1.85MAED 1,850,000 · Dec 2016December 2016 | 105,000 /yr | |
| 2405 | 2-bed | 1,365 sqft | AED 1.81MAED 1,813,758 · Oct 2012October 2012 | 200,000 /yr |
2402, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 22 August 2010 for AED 1,442,800, or AED 1,008 per sqft.
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 184,000 to AED 110,000 in 2021 and recovered to AED 220,000 by March 2026.
- At AED 220,000 a year the gross yield on the 2010 price is 15.3%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 5 March 2026.
Questions about 2402, The Residences 5 (E2)
What did unit 2402 last sell for?
AED 1,442,800 on 22 August 2010, sold by the developer: AED 1,008 per sqft for 1,431 sqft. It is the only registered sale of the unit.
What is the rent for unit 2402?
AED 220,000 a year on the contract signed on 5 March 2026. The previous contract, from October 2024, was AED 220,000; the unit has been rented since November 2013.
How big is unit 2402?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.
What is unit 2402 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 2402, The Residences 5 (E2)
Starts from the last sale price (AED 1.44M, 22 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,442,800
- Deposit, UAE resident (20%)
- AED 288,560
- Deposit, non-resident (40%)
- AED 577,120
- Monthly over 25 years at 3.7%
- AED 5,903
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →