501, The Residences 5 (E2)
Sold prices and rental history: sold 3 times, last in February 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Residences 5 (E2)
What is 501 worth today?
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Source: Dubai Land Department. Updated 22 February 2012.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 5th of 33
- Parking
- P-158,P-159
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 42,300 /yr
- Last sold
- AED 4.3M · February 2012
- Building
- The Residences 5 (E2)
About 501, The Residences 5 (E2)
501 is a three-bedroom apartment of 1,838 sqft on the 5th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 22 February 2012 for AED 4,300,000, or AED 2,339 per sqft, 22% above the AED 1,918 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 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 501 sits
All 31 3-beds →501 last sold in February 2012 at AED 2,339 per sqft, 22% above what three-beds in The Residences 5 (E2) were fetching at the time (AED 1,918).
| 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 5th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,431 sqft | AED 586KAED 586,400 · May 2011May 2011 | 185,325 /yr | |
| 503 | 1-bed | 1,092 sqft | AED 1.13MAED 1,130,000 · Mar 2011March 2011 | 130,000 /yr | |
| 504 | 1-bed | 906 sqft | AED 1.26MAED 1,260,000 · Jun 2012June 2012 | 110,000 /yr | |
| 505 | 2-bed | 1,365 sqft | AED 3.45MAED 3,450,000 · Feb 2014February 2014 | 170,000 /yr |
501, The Residences 5 (E2) in numbers
- Sold 3 times: first on 13 February 2011 for AED 1,548,800, last on 22 February 2012 for AED 4,300,000 (AED 2,339 per sqft).
Source: Dubai Land Department. Updated 22 February 2012.
Questions about 501, The Residences 5 (E2)
What did unit 501 last sell for?
AED 4,300,000 on 22 February 2012: AED 2,339 per sqft for 1,838 sqft. The unit has 3 registered sales; the first was AED 1,548,800 in February 2011.
How big is unit 501?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 5th floor of a 33-storey tower completed in 2007.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 501? Put it on the OpenOffers board
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Mortgage on 501, The Residences 5 (E2)
Starts from the last sale price (AED 4.3M, 22 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,300,000
- Deposit, UAE resident (20%)
- AED 860,000
- Deposit, non-resident (40%)
- AED 1,720,000
- Monthly over 25 years at 3.7%
- AED 17,593
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →