2701, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in August 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, The Residences 5 (E2)
What is 2701 worth today?
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Source: Dubai Land Department. Updated 10 August 2008.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 27th of 33
- Parking
- L1-798,L1-799
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 42,300 /yr
- Last sold
- AED 1.86M · August 2008
- Building
- The Residences 5 (E2)
About 2701, The Residences 5 (E2)
2701 is a three-bedroom apartment of 1,838 sqft on the 27th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 10 August 2008 for AED 1,858,800, or AED 1,011 per sqft, 32% below the AED 1,496 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2701 over time
2701 has sold once; the dashed line is the three-bed median of each year in the building.
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 2701 sits
All 31 3-beds →2701 last sold in August 2008 at AED 1,011 per sqft, 32% below what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,496).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202411 July 2024 | 1,838 sqft | 4,400,000 | 2,393 | ||
| 4 Sep 20234 September 2023 | 1,838 sqft | 7,000,000 | 3,808 | ||
| 28 Feb 202228 February 2022 | 1,838 sqft | 5,000,000 | 2,720 | ||
| 8 Mar 20218 March 2021 | 1,838 sqft | 4,500,000 | 2,448 |
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 27th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | 2-bed | 1,431 sqft | AED 5.1MAED 5,100,000 · Feb 2015February 2015 | 150,000 /yr | |
| 2703 | 1-bed | 1,092 sqft | AED 2.35MAED 2,350,000 · May 2024May 2024 | 110,000 /yr | |
| 2704 | 1-bed | 906 sqft | AED 1.73MAED 1,725,000 · Jul 2023July 2023 | 84,000 /yr | |
| 2705 | 2-bed | 1,365 sqft | AED 2.9MAED 2,900,000 · Oct 2023October 2023 | 118,000 /yr |
2701, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 10 August 2008 for AED 1,858,800, or AED 1,011 per sqft.
Source: Dubai Land Department. Updated 10 August 2008.
Questions about 2701, The Residences 5 (E2)
What did unit 2701 last sell for?
AED 1,858,800 on 10 August 2008, sold by the developer: AED 1,011 per sqft for 1,838 sqft. It is the only registered sale of the unit.
How big is unit 2701?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 27th floor of a 33-storey tower completed in 2007.
What is unit 2701 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 2701, The Residences 5 (E2)
Starts from the last sale price (AED 1.86M, 10 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,858,800
- Deposit, UAE resident (20%)
- AED 371,760
- Deposit, non-resident (40%)
- AED 743,520
- Monthly over 25 years at 3.7%
- AED 7,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →