301, The Residences 5 (E2)
Sold prices and rental history: sold 4 times, last in July 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 301, The Residences 5 (E2)
What is 301 worth today?
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Source: Dubai Land Department. Updated 11 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 3rd of 33
- Parking
- P-154,P-155
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 42,300 /yr
- Last sold
- AED 4.4M · July 2024
- Building
- The Residences 5 (E2)
About 301, The Residences 5 (E2)
301 is a three-bedroom apartment of 1,838 sqft on the 3rd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 11 July 2024 for AED 4,400,000, or AED 2,393 per sqft.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 210,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 42,300 a year.
Sales and rents for 301 over time
301 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 5 (E2), and where 301 sits
All 31 3-beds →301's AED 210,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20234 September 2023 | 1,838 sqft | 7,000,000 | 3,808 | ||
| 28 Feb 202228 February 2022 | 1,838 sqft | 5,000,000 | 2,720 | ||
| 8 Mar 20218 March 2021 | 1,838 sqft | 4,500,000 | 2,448 | ||
| 20 Jan 202120 January 2021 | 1,838 sqft | 3,950,000 | 2,149 |
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 3rd floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 1,431 sqft | AED 3.88MAED 3,875,000 · Nov 2013November 2013 | 190,000 /yr | |
| 303 | 1-bed | 1,092 sqft | AED 2.23MAED 2,225,000 · Oct 2025October 2025 | 95,000 /yr | |
| 304 | 1-bed | 906 sqft | AED 1.75MAED 1,750,000 · Jul 2024July 2024 | 70,000 /yr | |
| 305 | 2-bed | 1,365 sqft | AED 2.9MAED 2,900,000 · Sep 2016September 2016 | 180,000 /yr |
301, The Residences 5 (E2) in numbers
- Sold 4 times: first on 12 August 2008 for AED 1,688,800, last on 11 July 2024 for AED 4,400,000 (AED 2,393 per sqft).
- Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 230,000 to AED 190,000 in 2021 and recovered to AED 210,000 by January 2023.
- At AED 210,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 42,300 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 11 July 2024.
Questions about 301, The Residences 5 (E2)
What did unit 301 last sell for?
AED 4,400,000 on 11 July 2024: AED 2,393 per sqft for 1,838 sqft. The unit has 4 registered sales; the first was AED 1,688,800 in August 2008.
What is the rent for unit 301?
AED 210,000 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 195,000; the unit has been rented since September 2015.
How big is unit 301?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2007.
What is unit 301 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 301, The Residences 5 (E2)
Starts from the last sale price (AED 4.4M, 11 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,400,000
- Deposit, UAE resident (20%)
- AED 880,000
- Deposit, non-resident (40%)
- AED 1,760,000
- Monthly over 25 years at 3.7%
- AED 18,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →