304, The Residences 5 (E2)
Sold prices and rental history: sold 4 times, last in July 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, The Residences 5 (E2)
What is 304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 3rd of 33
- Parking
- P-136
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.75M · July 2024
- Building
- The Residences 5 (E2)
About 304, The Residences 5 (E2)
304 is a one-bedroom apartment of 906 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 5 July 2024 for AED 1,750,000, or AED 1,931 per sqft, 4% below the AED 2,014 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 April 2021, is AED 70,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 20,800 a year.
Sales and rents for 304 over time
304 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 304 sits
All 60 1-beds →304 last sold in July 2024 at AED 1,931 per sqft, 4% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 2,014). 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. 304's AED 70,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,092 sqft | 2,450,000 | 2,243 | ||
| 25 Sep 202625 September 2026 | 1,092 sqft | 2,350,000 | 2,152 | ||
| 23 Jul 202623 July 2026 | 906 sqft | 2,060,000 | 2,273 | ||
| 11 Jun 202611 June 2026 | 906 sqft | 1,375,000 | 1,517 |
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 | |
| 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 | |
| 305 | 2-bed | 1,365 sqft | AED 2.9MAED 2,900,000 · Sep 2016September 2016 | 180,000 /yr |
304, The Residences 5 (E2) in numbers
- Sold 4 times: first on 18 August 2010 for AED 673,800, last on 5 July 2024 for AED 1,750,000 (AED 1,931 per sqft).
- Rented since February 2014 on 3 Ejari contracts, from AED 98,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 20,800 a year (AED 23.00 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 5 July 2024.
Questions about 304, The Residences 5 (E2)
What did unit 304 last sell for?
AED 1,750,000 on 5 July 2024: AED 1,931 per sqft for 906 sqft. The unit has 4 registered sales; the first was AED 673,800 in August 2010.
What is the rent for unit 304?
AED 70,000 a year on the contract signed on 1 April 2021. The previous contract, from March 2020, was AED 77,000; the unit has been rented since February 2014.
How big is unit 304?
906 sqft (84.2 sqm): a one-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2007.
What is unit 304 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.
Selling 304? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 304, The Residences 5 (E2)
Starts from the last sale price (AED 1.75M, 5 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →