2703, The Residences 5 (E2)
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, The Residences 5 (E2)
What is 2703 worth today?
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Source: Dubai Land Department. Updated 31 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 27th of 33
- Parking
- P-32
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 2.35M · May 2024
- Building
- The Residences 5 (E2)
About 2703, The Residences 5 (E2)
2703 is a one-bedroom apartment of 1,092 sqft on the 27th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 31 May 2024 for AED 2,350,000, or AED 2,152 per sqft, 7% above the AED 2,014 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 May 2019, is AED 110,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for 2703 over time
2703 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 5 (E2), and where 2703 sits
All 60 1-beds →2703 last sold in May 2024 at AED 2,152 per sqft, 7% above what one-beds in The Residences 5 (E2) were fetching at the time (AED 2,014). Over the last 12 months one-beds sold for AED 1,375,000 to 2,450,000, around AED 2,152 per sqft, and rent for AED 90,000 to 157,500 a year. 2703's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,092 sqft | 2,450,000 | 2,243 | ||
| 25 Sep 202625 September 2026 | 1,092 sqft | 2,350,000 | 2,152 | ||
| 23 Jul 202623 July 2026 | 906 sqft | 2,060,000 | 2,273 | ||
| 11 Jun 202611 June 2026 | 906 sqft | 1,375,000 | 1,517 |
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)2703, The Residences 5 (E2) in numbers
- Sold 3 times: first on 9 March 2010 for AED 1,525,716, last on 31 May 2024 for AED 2,350,000 (AED 2,152 per sqft).
- Rented since November 2015 on 5 Ejari contracts, from AED 125,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 25,100 a year (AED 23.00 per sqft).
- One-beds in The Residences 5 (E2) sold for AED 1,375,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,152 per sqft.
Source: Dubai Land Department. Updated 31 May 2024.
Questions about 2703, The Residences 5 (E2)
What did unit 2703 last sell for?
AED 2,350,000 on 31 May 2024: AED 2,152 per sqft for 1,092 sqft. The unit has 3 registered sales; the first was AED 1,525,716 in March 2010.
What is the rent for unit 2703?
AED 110,000 a year on the contract renewed on 15 May 2019. The previous contract, from May 2018, was AED 120,000; the unit has been rented since November 2015.
How big is unit 2703?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 27th floor of a 33-storey tower completed in 2007.
What is unit 2703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 5 (E2) sold for AED 1,375,000 to 2,450,000 in the last 12 months, around AED 2,152 per sqft.
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Mortgage on 2703, The Residences 5 (E2)
Starts from the last sale price (AED 2.35M, 31 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →