3-bed · 2,949 sqftThe Residences 5 (E2), Downtown Dubai · 32nd floor · completed 2007

3201, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in August 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 22 August 2010
Last soldAED 3.56M22 August 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Residences 5 (E2)

What is 3201 worth today?

Last sold for AED 3,558,888 in 2010

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22 Aug 2010Sold by developerReady
AED 3,558,888AED 1,206 per sqft

Source: Dubai Land Department. Updated 22 August 2010.

Key facts

Type
3-bed apartment
Size
2,949 sqft
Floor
32nd of 33
Parking
L1-795,L1-796
Developer
Emaar
Completed
2007
Service charge
AED 67,800 /yr
Last sold
AED 3.56M · August 2010

About 3201, The Residences 5 (E2)

3201 is a three-bedroom apartment of 2,949 sqft on the 32nd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 22 August 2010 for AED 3,558,888, or AED 1,206 per sqft, 24% below the AED 1,587 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, August 2010: AED 3,558,888 (AED 1,206 per sqft)

3201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3201, 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 3201 sits

All 31 3-beds →

3201 last sold in August 2010 at AED 1,206 per sqft, 24% below what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,587).

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 32nd floor

All 154 units in The Residences 5 (E2)
Value
32024-bedAED 4.63M · Apr 2013

3201, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 22 August 2010 for AED 3,558,888, or AED 1,206 per sqft.

Source: Dubai Land Department. Updated 22 August 2010.

Questions about 3201, The Residences 5 (E2)

What did unit 3201 last sell for?

AED 3,558,888 on 22 August 2010, sold by the developer: AED 1,206 per sqft for 2,949 sqft. It is the only registered sale of the unit.

How big is unit 3201?

2,949 sqft (274.0 sqm): a three-bedroom apartment on the 32nd floor of a 33-storey tower completed in 2007.

What is unit 3201 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 3201, The Residences 5 (E2)

Starts from the last sale price (AED 3.56M, 22 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,558,888
Deposit, UAE resident (20%)
AED 711,778
Deposit, non-resident (40%)
AED 1,423,555
Monthly over 25 years at 3.7%
AED 14,561

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