1-bed · 906 sqftThe Residences 5 (E2), Downtown Dubai · 31st floor · completed 2007

3104, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3104 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 1.86M8 March 2024
Current rentAED 99K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3104, The Residences 5 (E2)

What is 3104 worth today?

Last sold for AED 1,855,000 in 2024

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7 May 2024RentedRenewal
AED 99,452/yr10 months · AED 110 per sqft
8 Mar 2024SoldReady
AED 1,855,000AED 2,047 per sqft
7 May 2023RentedRenewal
AED 95,000/yr12 months · AED 105 per sqft
7 May 2022RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
7 May 2021RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
20 May 2013RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
22 Aug 2010Sold by developerReady
AED 935,888AED 1,032 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
31st of 33
Parking
L1-805
Developer
Emaar
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.86M · March 2024

About 3104, The Residences 5 (E2)

3104 is a one-bedroom apartment of 906 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 8 March 2024 for AED 1,855,000, or AED 2,047 per sqft, in line with the AED 2,014 one-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 7 May 2024, is AED 99,452 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 3104 over time

Sales
Unit 3104, 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 935,888 (AED 1,032 per sqft)Sold, March 2024: AED 1,855,000 (AED 2,047 per sqft)

3104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3104, each contractTypical one-bed in The Residences 5 (E2)
75K100K125K2012201620202024Typical 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 115,000New contract, May 2013: AED 110,000 a yearNew contract, May 2021: AED 72,000 a yearRenewal, May 2022: AED 85,000 a yearRenewal, May 2023: AED 95,000 a yearRenewal, May 2024: AED 99,452 a year

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 3104 sits

All 60 1-beds →

3104 last sold in March 2024 at AED 2,047 per sqft, in line with 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. 3104's AED 99,452 is in the lower half of that range.

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 31st floor

All 154 units in The Residences 5 (E2)
Value
31013-bedAED 3.95M · Dec 2011
31022-bedAED 3.85M · May 2024
31031-bedAED 2.2M · Nov 2023
31052-bedAED 2.45M · May 2018

3104, The Residences 5 (E2) in numbers

  • Sold twice: first on 22 August 2010 for AED 935,888, last on 8 March 2024 for AED 1,855,000 (AED 2,047 per sqft).
  • Rented since May 2013 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 72,000 in 2021 and recovered to AED 99,452 by May 2024.
  • At AED 99,452 a year the gross yield on the 2024 price is 5.4%, 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 7 May 2024.

Questions about 3104, The Residences 5 (E2)

What did unit 3104 last sell for?

AED 1,855,000 on 8 March 2024: AED 2,047 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 935,888 in August 2010.

What is the rent for unit 3104?

AED 99,452 a year on the contract renewed on 7 May 2024. The previous contract, from May 2023, was AED 95,000; the unit has been rented since May 2013.

How big is unit 3104?

906 sqft (84.2 sqm): a one-bedroom apartment on the 31st floor of a 33-storey tower completed in 2007.

What is unit 3104 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 3104, The Residences 5 (E2)

Starts from the last sale price (AED 1.86M, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,855,000
Deposit, UAE resident (20%)
AED 371,000
Deposit, non-resident (40%)
AED 742,000
Monthly over 25 years at 3.7%
AED 7,589

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