401, The Residences 5 (E2)
Sold prices and rental history: sold 3 times, last in November 2011, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Residences 5 (E2)
What is 401 worth today?
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Source: Dubai Land Department. Updated 15 November 2013.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 4th of 33
- Parking
- P-156,P-157
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 42,300 /yr
- Last sold
- AED 3.1M · November 2011
- Building
- The Residences 5 (E2)
About 401, The Residences 5 (E2)
401 is a three-bedroom apartment of 1,838 sqft on the 4th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 15 November 2011 for AED 3,100,000, or AED 1,686 per sqft, 21% above the AED 1,392 three-beds in the building were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 November 2013, is AED 180,000 a year: a gross yield of 5.8% on the 2011 price, before the service charge of about AED 42,300 a year.
Sales and rents for 401 over time
401 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 401 sits
All 31 3-beds →401 last sold in November 2011 at AED 1,686 per sqft, 21% above what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,392). 401's AED 180,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202411 July 2024 | 1,838 sqft | 4,400,000 | 2,393 | ||
| 4 Sep 20234 September 2023 | 1,838 sqft | 7,000,000 | 3,808 | ||
| 28 Feb 202228 February 2022 | 1,838 sqft | 5,000,000 | 2,720 | ||
| 8 Mar 20218 March 2021 | 1,838 sqft | 4,500,000 | 2,448 |
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 4th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,431 sqft | AED 2.5MAED 2,500,000 · Mar 2021March 2021 | 155,000 /yr | |
| 403 | 1-bed | 1,092 sqft | AED 2.18MAED 2,175,000 · May 2026May 2026 | 90,824 /yr | |
| 404 | 1-bed | 906 sqft | AED 1.95MAED 1,950,000 · Feb 2014February 2014 | 135,000 /yr | |
| 405 | 2-bed | 1,365 sqft | AED 1.21MAED 1,210,800 · Feb 2013February 2013 | 130,263 /yr |
401, The Residences 5 (E2) in numbers
- Sold 3 times: first on 24 February 2010 for AED 3,120,000, last on 15 November 2011 for AED 3,100,000 (AED 1,686 per sqft).
- Rented since November 2012 on 2 Ejari contracts, from AED 165,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2011 price is 5.8%, before a service charge of about AED 42,300 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 15 November 2013.
Questions about 401, The Residences 5 (E2)
What did unit 401 last sell for?
AED 3,100,000 on 15 November 2011: AED 1,686 per sqft for 1,838 sqft. The unit has 3 registered sales; the first was AED 3,120,000 in February 2010.
What is the rent for unit 401?
AED 180,000 a year on the contract signed on 15 November 2013. The previous contract, from November 2012, was AED 165,000.
How big is unit 401?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 4th floor of a 33-storey tower completed in 2007.
What is unit 401 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 401, The Residences 5 (E2)
Starts from the last sale price (AED 3.1M, 15 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →