2705, The Residences 5 (E2)
Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2705, The Residences 5 (E2)
What is 2705 worth today?
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Source: Dubai Land Department. Updated 23 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 27th of 33
- Parking
- P-129
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 2.9M · October 2023
- Building
- The Residences 5 (E2)
About 2705, The Residences 5 (E2)
2705 is a two-bedroom apartment of 1,365 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 23 October 2023 for AED 2,900,000, or AED 2,124 per sqft, in line with the AED 2,087 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 118,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 31,400 a year.
Sales and rents for 2705 over time
2705 has sold 4 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 2705 sits
All 61 2-beds →2705 last sold in October 2023 at AED 2,124 per sqft, in line with what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,087). 2705's AED 118,000 is at the bottom 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 | ||
| 30 Oct 202430 October 2024 | 1,431 sqft | 4,550,000 | 3,179 | ||
| 1 Oct 20241 October 2024 | 1,755 sqft | 3,760,478 | 2,142 |
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)2705, The Residences 5 (E2) in numbers
- Sold 4 times: first on 19 August 2010 for AED 1,320,800, last on 23 October 2023 for AED 2,900,000 (AED 2,124 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 118,000 by May 2022.
- At AED 118,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 23 October 2023.
Questions about 2705, The Residences 5 (E2)
What did unit 2705 last sell for?
AED 2,900,000 on 23 October 2023: AED 2,124 per sqft for 1,365 sqft. The unit has 4 registered sales; the first was AED 1,320,800 in August 2010.
What is the rent for unit 2705?
AED 118,000 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 105,000; the unit has been rented since September 2013.
How big is unit 2705?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 27th floor of a 33-storey tower completed in 2007.
What is unit 2705 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 2705, The Residences 5 (E2)
Starts from the last sale price (AED 2.9M, 23 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →