2602, The Residences 5 (E2)
Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, The Residences 5 (E2)
What is 2602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 30 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 26th of 33
- Parking
- P-27
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 4.55M · October 2024
- Building
- The Residences 5 (E2)
About 2602, The Residences 5 (E2)
2602 is a two-bedroom apartment of 1,431 sqft on the 26th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 30 October 2024 for AED 4,550,000, or AED 3,179 per sqft, 24% above the AED 2,568 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 February 2024, is AED 160,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 32,900 a year.
Sales and rents for 2602 over time
2602 has sold 5 times; 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 2602 sits
All 61 2-beds →2602 last sold in October 2024 at AED 3,179 per sqft, 24% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,568). 2602's AED 160,000 is in the lower half 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 | ||
| 1 Oct 20241 October 2024 | 1,755 sqft | 3,760,478 | 2,142 | ||
| 17 Jul 202417 July 2024 | 1,431 sqft | 5,200,000 | 3,633 |
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 26th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 3-bed | 1,838 sqft | AED 6MAED 6,000,000 · Feb 2013February 2013 | 290,000 /yr | |
| 2603 | 1-bed | 1,092 sqft | AED 1.74MAED 1,740,000 · Apr 2022April 2022 | 125,000 /yr | |
| 2604 | 1-bed | 906 sqft | AED 678KAED 677,800 · Jun 2011June 2011 | 120,000 /yr | |
| 2605 | 2-bed | 1,365 sqft | AED 3.34MAED 3,335,000 · Feb 2011February 2011 | 175,000 /yr |
2602, The Residences 5 (E2) in numbers
- Sold 5 times: first on 10 May 2010 for AED 1,086,957, last on 30 October 2024 for AED 4,550,000 (AED 3,179 per sqft).
- Rented since October 2012 on 6 Ejari contracts, from AED 150,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 30 October 2024.
Questions about 2602, The Residences 5 (E2)
What did unit 2602 last sell for?
AED 4,550,000 on 30 October 2024: AED 3,179 per sqft for 1,431 sqft. The unit has 5 registered sales; the first was AED 1,086,957 in May 2010.
What is the rent for unit 2602?
AED 160,000 a year on the contract signed on 20 February 2024. The previous contract, from October 2022, was AED 160,000; the unit has been rented since October 2012.
How big is unit 2602?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 26th floor of a 33-storey tower completed in 2007.
What is unit 2602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2602, The Residences 5 (E2)
Starts from the last sale price (AED 4.55M, 30 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,550,000
- Deposit, UAE resident (20%)
- AED 910,000
- Deposit, non-resident (40%)
- AED 1,820,000
- Monthly over 25 years at 3.7%
- AED 18,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →