2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 24th floor · completed 2007

2405, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 1.81M1 October 2012
Current rentAED 200K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, The Residences 5 (E2)

What is 2405 worth today?

Last sold for AED 1,813,758 in 2012

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30 May 2025RentedRenewal
AED 200,000/yr12 months · AED 147 per sqft
30 May 2025RentedRenewal
AED 200,000/yr12 months · AED 147 per sqft
30 May 2024RentedNew contract
AED 200,000/yr12 months · AED 146 per sqft
7 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
6 Apr 2022RentedNew contract
AED 135,000/yr12 months · AED 99 per sqft
25 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
26 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
9 Sep 2018RentedRenewal
AED 145,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
24th of 33
Parking
P-22
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 1.81M · October 2012

About 2405, The Residences 5 (E2)

2405 is a two-bedroom apartment of 1,365 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 1 October 2012 for AED 1,813,758, or AED 1,328 per sqft, in line with the AED 1,369 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 30 May 2025, is AED 200,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 31,400 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in The Residences 5 (E2)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,372,800; 2009 AED 1,272,800; 2010 AED 1,446,300; 2011 AED 1,846,944; 2012 AED 2,350,000; 2013 AED 3,400,000; 2014 AED 5,118,000; 2016 AED 3,300,000; 2017 AED 2,975,000; 2020 AED 2,500,000; 2021 AED 2,900,000; 2023 AED 2,875,000; 2024 AED 3,785,000Sold by developer, October 2012: AED 1,813,758 (AED 1,328 per sqft)

2405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in The Residences 5 (E2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 182,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 112,500; 2021 AED 115,500; 2022 AED 135,000; 2023 AED 152,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 175,000New contract, February 2015: AED 175,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, September 2017: AED 150,000 a yearRenewal, September 2018: AED 145,000 a yearNew contract, December 2019: AED 110,000 a yearNew contract, January 2021: AED 100,000 a yearNew contract, April 2022: AED 140,000 a yearNew contract, April 2022: AED 135,000 a yearNew contract, May 2024: AED 200,000 a yearRenewal, May 2025: AED 200,000 a yearRenewal, May 2025: AED 200,000 a year

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 2405 sits

All 61 2-beds →

2405 last sold in October 2012 at AED 1,328 per sqft, in line with what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,369). 2405's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 May 20254,700,000
6 Feb 20254,000,000
30 Oct 20244,550,000
1 Oct 20243,760,478
0 2-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
24013-bedAED 4.14M · Apr 2010
24022-bedAED 1.44M · Aug 2010
24031-bedAED 936K · Aug 2013
24041-bedAED 1.85M · Dec 2016

2405, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 1 October 2012 for AED 1,813,758, or AED 1,328 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 200,000 by May 2025.
  • At AED 200,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 30 May 2025.

Questions about 2405, The Residences 5 (E2)

What did unit 2405 last sell for?

AED 1,813,758 on 1 October 2012, sold by the developer: AED 1,328 per sqft for 1,365 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 200,000 a year on the contract renewed on 30 May 2025. The previous contract, from May 2025, was AED 200,000; the unit has been rented since February 2015.

How big is unit 2405?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.

What is unit 2405 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 2405, The Residences 5 (E2)

Starts from the last sale price (AED 1.81M, 1 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,758
Deposit, UAE resident (20%)
AED 362,752
Deposit, non-resident (40%)
AED 725,503
Monthly over 25 years at 3.7%
AED 7,421

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