2704, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, The Residences 5 (E2)
What is 2704 worth today?
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Source: Dubai Land Department. Updated 13 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 27th of 33
- Parking
- P-33
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.73M · July 2023
- Building
- The Residences 5 (E2)
About 2704, The Residences 5 (E2)
2704 is a one-bedroom apartment of 906 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 27 July 2023 for AED 1,725,000, or AED 1,903 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 13 October 2023, is AED 84,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 20,800 a year.
Sales and rents for 2704 over time
2704 has sold twice; 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 2704 sits
All 60 1-beds →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. 2704's AED 84,000 is at the bottom 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)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 3-bed | 1,838 sqft | AED 1.86MAED 1,858,800 · Aug 2008August 2008 | ||
| 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 | |
| 2705 | 2-bed | 1,365 sqft | AED 2.9MAED 2,900,000 · Oct 2023October 2023 | 118,000 /yr |
2704, The Residences 5 (E2) in numbers
- Sold twice: first on 20 July 2010 for AED 715,800, last on 27 July 2023 for AED 1,725,000 (AED 1,903 per sqft).
- Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 84,000 by October 2023.
- At AED 84,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 20,800 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 13 October 2023.
Questions about 2704, The Residences 5 (E2)
What did unit 2704 last sell for?
AED 1,725,000 on 27 July 2023: AED 1,903 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 715,800 in July 2010.
What is the rent for unit 2704?
AED 84,000 a year on the contract renewed on 13 October 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since January 2017.
How big is unit 2704?
906 sqft (84.2 sqm): a one-bedroom apartment on the 27th floor of a 33-storey tower completed in 2007.
What is unit 2704 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 2704, The Residences 5 (E2)
Starts from the last sale price (AED 1.73M, 27 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →