2-bed · 1,431 sqftThe Residences 5 (E2), Downtown Dubai · 29th floor · completed 2007

2902, The Residences 5 (E2)

Sold prices and rental history: sold 5 times, last in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 3.72M29 March 2016
Current rentAED 180K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, The Residences 5 (E2)

What is 2902 worth today?

Last sold for AED 3,715,000 in 2016

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25 Mar 2026RentedNew contract
AED 180,000/yr12 months · AED 126 per sqft
1 Jun 2023RentedRenewal
AED 135,000/yr12 months · AED 94 per sqft
1 Jun 2022RentedRenewal
AED 121,000/yr12 months · AED 85 per sqft
1 Jun 2021RentedRenewal
AED 115,000/yr12 months · AED 80 per sqft
1 Jun 2020RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
10 May 2019RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
10 May 2018RentedNew contract
AED 155,000/yr12 months · AED 108 per sqft
29 Mar 2016SoldReady
AED 3,715,000AED 2,596 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
2-bed apartment
Size
1,431 sqft
Floor
29th of 33
Parking
B2 -340
Developer
Emaar
Completed
2007
Service charge
AED 32,900 /yr
Last sold
AED 3.72M · March 2016

About 2902, The Residences 5 (E2)

2902 is a two-bedroom apartment of 1,431 sqft on the 29th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 29 March 2016 for AED 3,715,000, or AED 2,596 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 March 2026, is AED 180,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 32,900 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, June 2008: AED 4,000,000 (AED 2,795 per sqft)Sold, June 2008: AED 1,340,800 (AED 936 per sqft)Sold, March 2010: AED 2,500,000 (AED 1,747 per sqft)Sold, April 2012: AED 3,000,000 (AED 2,096 per sqft)Sold, March 2016: AED 3,715,000 (AED 2,596 per sqft)

2902 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in The Residences 5 (E2)
100K150K200K2012201620202024Typical 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, October 2013: AED 183,000 a yearNew contract, October 2014: AED 183,000 a yearNew contract, February 2015: AED 188,000 a yearRenewal, February 2016: AED 188,000 a yearNew contract, May 2018: AED 155,000 a yearNew contract, May 2019: AED 150,000 a yearNew contract, June 2020: AED 115,000 a yearRenewal, June 2021: AED 115,000 a yearRenewal, June 2022: AED 121,000 a yearRenewal, June 2023: AED 135,000 a yearNew contract, March 2026: AED 180,000 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 2902 sits

All 61 2-beds →

2902's AED 180,000 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 29th floor

All 154 units in The Residences 5 (E2)
Value
29013-bedAED 1.79M · May 2010
29031-bedAED 1.78M · May 2018
29041-bedAED 1.14M · Oct 2012
29052-bedAED 2.95M · Dec 2017

2902, The Residences 5 (E2) in numbers

  • Sold 5 times: first on 12 June 2008 for AED 1,340,800, last on 29 March 2016 for AED 3,715,000 (AED 2,596 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 183,000 to AED 115,000 in 2021 and recovered to AED 180,000 by March 2026.
  • At AED 180,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 25 March 2026.

Questions about 2902, The Residences 5 (E2)

What did unit 2902 last sell for?

AED 3,715,000 on 29 March 2016: AED 2,596 per sqft for 1,431 sqft. The unit has 5 registered sales; the first was AED 1,340,800 in June 2008.

What is the rent for unit 2902?

AED 180,000 a year on the contract signed on 25 March 2026. The previous contract, from June 2023, was AED 135,000; the unit has been rented since October 2013.

How big is unit 2902?

1,431 sqft (132.9 sqm): a two-bedroom apartment on the 29th floor of a 33-storey tower completed in 2007.

What is unit 2902 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 2902, The Residences 5 (E2)

Starts from the last sale price (AED 3.72M, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,715,000
Deposit, UAE resident (20%)
AED 743,000
Deposit, non-resident (40%)
AED 1,486,000
Monthly over 25 years at 3.7%
AED 15,199

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