302, The Residences 5 (E2)
Sold prices and rental history: sold 3 times, last in November 2013, 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 302, The Residences 5 (E2)
What is 302 worth today?
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Source: Dubai Land Department. Updated 2 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 3rd of 33
- Parking
- P-134
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 3.88M · November 2013
- Building
- The Residences 5 (E2)
About 302, The Residences 5 (E2)
302 is a two-bedroom apartment of 1,431 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 21 November 2013 for AED 3,875,000, or AED 2,707 per sqft, 12% above the AED 2,417 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 2 May 2024, is AED 190,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 32,900 a year.
Sales and rents for 302 over time
302 has sold twice; 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 302 sits
All 61 2-beds →302 last sold in November 2013 at AED 2,707 per sqft, 12% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,417). 302's AED 190,000 is in the upper half 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 3rd floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,838 sqft | AED 4.4MAED 4,400,000 · Jul 2024July 2024 | 210,000 /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 |
302, The Residences 5 (E2) in numbers
- Sold 3 times: first on 27 October 2011 for AED 639,900, last on 21 November 2013 for AED 3,875,000 (AED 2,707 per sqft).
- Rented since December 2013 on 5 Ejari contracts. The rent fell from AED 174,531 to AED 138,000 in 2019 and recovered to AED 190,000 by May 2024.
- At AED 190,000 a year the gross yield on the 2013 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 2 May 2024.
Questions about 302, The Residences 5 (E2)
What did unit 302 last sell for?
AED 3,875,000 on 21 November 2013: AED 2,707 per sqft for 1,431 sqft. The unit has 3 registered sales; the first was AED 639,900 in October 2011.
What is the rent for unit 302?
AED 190,000 a year on the contract renewed on 2 May 2024. The previous contract, from May 2023, was AED 190,000; the unit has been rented since December 2013.
How big is unit 302?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2007.
What is unit 302 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 302, The Residences 5 (E2)
Starts from the last sale price (AED 3.88M, 21 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,875,000
- Deposit, UAE resident (20%)
- AED 775,000
- Deposit, non-resident (40%)
- AED 1,550,000
- Monthly over 25 years at 3.7%
- AED 15,854
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →