2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 26th floor · completed 2007

2605, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 3.34M27 February 2011
Current rentAED 175K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, The Residences 5 (E2)

What is 2605 worth today?

Last sold for AED 3,335,000 in 2011

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5 Apr 2023RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
14 Dec 2021RentedRenewal
AED 115,500/yr12 months · AED 84 per sqft
14 Dec 2020RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
14 Dec 2019RentedNew contract
AED 115,000/yr12 months · AED 84 per sqft
23 Mar 2019RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
28 Nov 2014RentedNew contract
AED 180,000/yr12 months · AED 132 per sqft
27 Jun 2013RentedNew contract
AED 160,000/yr12 months · AED 117 per sqft
27 Feb 2011Sold by developerReady
AED 3,335,000AED 2,443 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
26th of 33
Parking
P-30
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 3.34M · February 2011

About 2605, The Residences 5 (E2)

2605 is a two-bedroom apartment of 1,365 sqft on the 26th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 27 February 2011 for AED 3,335,000, or AED 2,443 per sqft, 142% above the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 5 April 2023, is AED 175,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 31,400 a year.

Sales and rents for 2605 over time

Sales
Unit 2605, 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, February 2011: AED 3,335,000 (AED 2,443 per sqft)

2605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2605, each contractTypical two-bed in The Residences 5 (E2)
100K150K2012201620202024Typical 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, June 2013: AED 160,000 a yearNew contract, November 2014: AED 180,000 a yearRenewal, March 2019: AED 140,000 a yearNew contract, December 2019: AED 115,000 a yearNew contract, December 2020: AED 105,000 a yearRenewal, December 2021: AED 115,500 a yearNew contract, April 2023: AED 175,000 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 2605 sits

All 61 2-beds →

2605 last sold in February 2011 at AED 2,443 per sqft, 142% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,011). 2605's AED 175,000 is in the lower 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 26th floor

All 154 units in The Residences 5 (E2)
Value
26013-bedAED 6M · Feb 2013
26022-bedAED 4.55M · Oct 2024
26031-bedAED 1.74M · Apr 2022
26041-bedAED 678K · Jun 2011

2605, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 27 February 2011 for AED 3,335,000, or AED 2,443 per sqft.
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2020 and recovered to AED 175,000 by April 2023.
  • At AED 175,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 5 April 2023.

Questions about 2605, The Residences 5 (E2)

What did unit 2605 last sell for?

AED 3,335,000 on 27 February 2011, sold by the developer: AED 2,443 per sqft for 1,365 sqft. It is the only registered sale of the unit.

What is the rent for unit 2605?

AED 175,000 a year on the contract signed on 5 April 2023. The previous contract, from December 2021, was AED 115,500; the unit has been rented since June 2013.

How big is unit 2605?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 26th floor of a 33-storey tower completed in 2007.

What is unit 2605 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 2605, The Residences 5 (E2)

Starts from the last sale price (AED 3.34M, 27 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,335,000
Deposit, UAE resident (20%)
AED 667,000
Deposit, non-resident (40%)
AED 1,334,000
Monthly over 25 years at 3.7%
AED 13,645

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