405, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, The Residences 5 (E2)
What is 405 worth today?
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Source: Dubai Land Department. Updated 30 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 4th of 33
- Parking
- P-142
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 1.21M · February 2013
- Building
- The Residences 5 (E2)
About 405, The Residences 5 (E2)
405 is a two-bedroom apartment of 1,365 sqft on the 4th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 19 February 2013 for AED 1,210,800, or AED 887 per sqft, 50% below the AED 1,758 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 30 March 2023, is AED 130,263 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 31,400 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 61 2-beds →405 last sold in February 2013 at AED 887 per sqft, 50% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,758). 405's AED 130,263 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20257 May 2025 | 1,755 sqft | 4,700,000 | 2,678 | ||
| 6 Feb 20256 February 2025 | 1,431 sqft | 4,000,000 | 2,795 | ||
| 30 Oct 202430 October 2024 | 1,431 sqft | 4,550,000 | 3,179 | ||
| 1 Oct 20241 October 2024 | 1,755 sqft | 3,760,478 | 2,142 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,838 sqft | AED 3.1MAED 3,100,000 · Nov 2011November 2011 | 180,000 /yr | |
| 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, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 19 February 2013 for AED 1,210,800, or AED 887 per sqft.
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 98,000 in 2021 and recovered to AED 130,263 by March 2023.
- At AED 130,263 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 30 March 2023.
Questions about 405, The Residences 5 (E2)
What did unit 405 last sell for?
AED 1,210,800 on 19 February 2013, sold by the developer: AED 887 per sqft for 1,365 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 130,263 a year on the contract renewed on 30 March 2023. The previous contract, from March 2022, was AED 130,000; the unit has been rented since October 2013.
How big is unit 405?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 4th floor of a 33-storey tower completed in 2007.
What is unit 405 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 405, The Residences 5 (E2)
Starts from the last sale price (AED 1.21M, 19 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,210,800
- Deposit, UAE resident (20%)
- AED 242,160
- Deposit, non-resident (40%)
- AED 484,320
- Monthly over 25 years at 3.7%
- AED 4,954
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →