1-bed · 906 sqftThe Residences 5 (E2), Downtown Dubai · 29th floor · completed 2007

2904, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 31 October 2012
Last soldAED 1.14M31 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, The Residences 5 (E2)

What is 2904 worth today?

Last sold for AED 1,140,000 in 2012

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31 Oct 2012SoldReady
AED 1,140,000AED 1,258 per sqft
22 Aug 2010Sold by developerReady
AED 1,500,000AED 1,655 per sqft

Source: Dubai Land Department. Updated 31 October 2012.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
29th of 33
Parking
L1-815
Developer
Emaar
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.14M · October 2012

About 2904, The Residences 5 (E2)

2904 is a one-bedroom apartment of 906 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 31 October 2012 for AED 1,140,000, or AED 1,258 per sqft, in line with the AED 1,258 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2904 over time

Sales
Unit 2904, each saleTypical one-bed in The Residences 5 (E2)
1M2M2008201320182023Typical sale price by year: 2008 AED 800,000; 2009 AED 865,800; 2010 AED 877,800; 2011 AED 1,012,500; 2012 AED 1,175,000; 2013 AED 1,490,000; 2015 AED 2,000,000; 2017 AED 2,100,000; 2019 AED 1,425,000; 2021 AED 1,249,000; 2023 AED 1,975,000; 2024 AED 1,852,500; 2025 AED 2,225,000; 2026 AED 2,262,500Sold by developer, August 2010: AED 1,500,000 (AED 1,655 per sqft)Sold, October 2012: AED 1,140,000 (AED 1,258 per sqft)

2904 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2904, each contractTypical one-bed in The Residences 5 (E2)
80K100K120K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 102,500; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000

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 2904 sits

All 60 1-beds →

2904 last sold in October 2012 at AED 1,258 per sqft, in line with what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,258). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20262,450,000
25 Sep 20262,350,000
23 Jul 20262,060,000
11 Jun 20261,375,000
7 1-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
29022-bedAED 3.72M · Mar 2016
29031-bedAED 1.78M · May 2018
29052-bedAED 2.95M · Dec 2017

2904, The Residences 5 (E2) in numbers

  • Sold twice: first on 22 August 2010 for AED 1,500,000, last on 31 October 2012 for AED 1,140,000 (AED 1,258 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 October 2012.

Questions about 2904, The Residences 5 (E2)

What did unit 2904 last sell for?

AED 1,140,000 on 31 October 2012: AED 1,258 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in August 2010.

How big is unit 2904?

906 sqft (84.2 sqm): a one-bedroom apartment on the 29th floor of a 33-storey tower completed in 2007.

What is unit 2904 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 2904, The Residences 5 (E2)

Starts from the last sale price (AED 1.14M, 31 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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