2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 31st floor · completed 2007

3105, The Residences 5 (E2)

Sold prices and rental history: sold 4 times, last in May 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3105 · DLD and Ejari recordsUpdated 21 May 2018
Last soldAED 2.45M21 May 2018
Current rentAED 169K /yr30 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3105, The Residences 5 (E2)

What is 3105 worth today?

Last sold for AED 2,450,000 in 2018

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21 May 2018SoldReady
AED 2,450,000AED 1,794 per sqft
30 Jun 2017RentedRenewal
AED 169,091/yr6 months · AED 124 per sqft
30 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft
16 Jun 2014RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
16 Jun 2013RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
20 Sep 2011SoldReady
AED 2,000,000AED 1,465 per sqft
13 Dec 2010SoldReady
AED 2,000,000AED 1,465 per sqft
4 Aug 2010Sold by developerReady
AED 860,944AED 630 per sqft

Source: Dubai Land Department. Updated 21 May 2018.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
31st of 33
Parking
L1-797
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 2.45M · May 2018

About 3105, The Residences 5 (E2)

3105 is a two-bedroom apartment of 1,365 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 21 May 2018 for AED 2,450,000, or AED 1,794 per sqft, 17% below the AED 2,161 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 30 June 2017, is AED 169,091 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 31,400 a year.

Sales and rents for 3105 over time

Sales
Unit 3105, each saleTypical two-bed in The Residences 5 (E2)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,372,800; 2009 AED 1,272,800; 2010 AED 1,446,300; 2011 AED 1,846,944; 2012 AED 2,350,000; 2013 AED 3,400,000; 2014 AED 5,118,000; 2016 AED 3,300,000; 2017 AED 2,975,000; 2020 AED 2,500,000; 2021 AED 2,900,000; 2023 AED 2,875,000; 2024 AED 3,785,000Sold by developer, August 2010: AED 860,944 (AED 630 per sqft)Sold, December 2010: AED 2,000,000 (AED 1,465 per sqft)Sold, September 2011: AED 2,000,000 (AED 1,465 per sqft)Sold, May 2018: AED 2,450,000 (AED 1,794 per sqft)

3105 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3105, each contractTypical two-bed in The Residences 5 (E2)
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 182,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 112,500; 2021 AED 115,500; 2022 AED 135,000; 2023 AED 152,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 175,000New contract, June 2013: AED 150,000 a yearNew contract, June 2014: AED 150,000 a yearNew contract, June 2016: AED 170,000 a yearRenewal, June 2017: AED 169,091 a year

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 3105 sits

All 61 2-beds →

3105 last sold in May 2018 at AED 1,794 per sqft, 17% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,161). 3105's AED 169,091 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 May 20254,700,000
6 Feb 20254,000,000
30 Oct 20244,550,000
1 Oct 20243,760,478
0 2-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
31041-bedAED 1.86M · Mar 2024

3105, The Residences 5 (E2) in numbers

  • Sold 4 times: first on 4 August 2010 for AED 860,944, last on 21 May 2018 for AED 2,450,000 (AED 1,794 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 150,000 to AED 169,091 a year.
  • At AED 169,091 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 21 May 2018.

Questions about 3105, The Residences 5 (E2)

What did unit 3105 last sell for?

AED 2,450,000 on 21 May 2018: AED 1,794 per sqft for 1,365 sqft. The unit has 4 registered sales; the first was AED 860,944 in August 2010.

What is the rent for unit 3105?

AED 169,091 a year on the contract renewed on 30 June 2017. The previous contract, from June 2016, was AED 170,000; the unit has been rented since June 2013.

How big is unit 3105?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 31st floor of a 33-storey tower completed in 2007.

What is unit 3105 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 3105, The Residences 5 (E2)

Starts from the last sale price (AED 2.45M, 21 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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