502, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Residences 5 (E2)
What is 502 worth today?
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Source: Dubai Land Department. Updated 31 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 5th of 33
- Parking
- P-143
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 586K · May 2011
- Building
- The Residences 5 (E2)
About 502, The Residences 5 (E2)
502 is a two-bedroom apartment of 1,431 sqft on the 5th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 17 May 2011 for AED 586,400, or AED 409 per sqft, 59% below the AED 1,008 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 31 October 2026, is AED 185,325 a year: a gross yield of 31.6% on the 2011 price, before the service charge of about AED 32,900 a year.
Sales and rents for 502 over time
No registered sale of 502; 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 502 sits
All 61 2-beds →502 last sold in May 2011 at AED 409 per sqft, 59% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,008). 502's AED 185,325 is in the upper half 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 5th floor
All 154 units in The Residences 5 (E2)502, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 17 May 2011 for AED 586,400, or AED 409 per sqft.
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 177,000 to AED 130,000 in 2020 and recovered to AED 185,325 by October 2026.
- At AED 185,325 a year the gross yield on the 2011 price is 31.6%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 31 October 2026.
Questions about 502, The Residences 5 (E2)
What did unit 502 last sell for?
AED 586,400 on 17 May 2011, sold by the developer: AED 409 per sqft for 1,431 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 185,325 a year on the contract signed on 31 October 2026. The previous contract, from January 2023, was AED 154,000; the unit has been rented since December 2014.
How big is unit 502?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 5th floor of a 33-storey tower completed in 2007.
What is unit 502 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 502, The Residences 5 (E2)
Starts from the last sale price (AED 586K, 17 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 586,400
- Deposit, UAE resident (20%)
- AED 117,280
- Deposit, non-resident (40%)
- AED 234,560
- Monthly over 25 years at 3.7%
- AED 2,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →