3-bed · 1,838 sqftThe Residences 5 (E2), Downtown Dubai · 31st floor · completed 2007

3101, The Residences 5 (E2)

Sold prices and rental history: sold 3 times, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 25 December 2011
Last soldAED 3.95M25 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, The Residences 5 (E2)

What is 3101 worth today?

Last sold for AED 3,950,000 in 2011

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25 Dec 2011SoldReady
AED 3,950,000AED 2,149 per sqft
14 Mar 2010SoldReady
AED 3,811,000AED 2,073 per sqft
12 Oct 2008Sold by developerReady
AED 2,426,888AED 1,320 per sqft

Source: Dubai Land Department. Updated 25 December 2011.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
31st of 33
Parking
L1-822,L1-823
Developer
Emaar
Completed
2007
Service charge
AED 42,300 /yr
Last sold
AED 3.95M · December 2011

About 3101, The Residences 5 (E2)

3101 is a three-bedroom apartment of 1,838 sqft on the 31st floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 25 December 2011 for AED 3,950,000, or AED 2,149 per sqft, 40% above the AED 1,539 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3101 over time

Sales
Unit 3101, each saleTypical three-bed in The Residences 5 (E2)
5M2008201220162020Typical sale price by year: 2008 AED 1,908,800; 2010 AED 3,120,000; 2011 AED 2,830,000; 2012 AED 4,450,000; 2013 AED 6,050,000; 2014 AED 7,600,000; 2015 AED 4,025,000; 2017 AED 4,985,000; 2021 AED 4,405,487Sold by developer, October 2008: AED 2,426,888 (AED 1,320 per sqft)Sold, March 2010: AED 3,811,000 (AED 2,073 per sqft)Sold, December 2011: AED 3,950,000 (AED 2,149 per sqft)

3101 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3101, each contractTypical three-bed in The Residences 5 (E2)
200K250K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 252,500; 2014 AED 265,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 270,000; 2018 AED 215,000; 2019 AED 212,500; 2020 AED 210,000; 2021 AED 210,000; 2022 AED 220,000; 2023 AED 235,000; 2024 AED 260,000; 2025 AED 290,000; 2026 AED 275,000

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 3101 sits

All 31 3-beds →

3101 last sold in December 2011 at AED 2,149 per sqft, 40% above what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,539).

Recent 3-bed salesUnit no.Price (AED)Summary
11 Jul 20244,400,000
4 Sep 20237,000,000
28 Feb 20225,000,000
8 Mar 20214,500,000
0 3-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 31st floor

All 154 units in The Residences 5 (E2)
Value
31022-bedAED 3.85M · May 2024
31031-bedAED 2.2M · Nov 2023
31041-bedAED 1.86M · Mar 2024
31052-bedAED 2.45M · May 2018

3101, The Residences 5 (E2) in numbers

  • Sold 3 times: first on 12 October 2008 for AED 2,426,888, last on 25 December 2011 for AED 3,950,000 (AED 2,149 per sqft).

Source: Dubai Land Department. Updated 25 December 2011.

Questions about 3101, The Residences 5 (E2)

What did unit 3101 last sell for?

AED 3,950,000 on 25 December 2011: AED 2,149 per sqft for 1,838 sqft. The unit has 3 registered sales; the first was AED 2,426,888 in October 2008.

How big is unit 3101?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 31st floor of a 33-storey tower completed in 2007.

What is unit 3101 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 3101, The Residences 5 (E2)

Starts from the last sale price (AED 3.95M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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