503, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Residences 5 (E2)
What is 503 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 5th of 33
- Parking
- P-151
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 770K · March 2011
- Building
- The Residences 5 (E2)
About 503, The Residences 5 (E2)
503 is a one-bedroom apartment of 1,092 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 20 March 2011 for AED 769,800, or AED 704 per sqft, 13% below the AED 805 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 16 October 2024, is AED 130,000 a year: a gross yield of 16.9% on the 2011 price, before the service charge of about AED 25,100 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 5 (E2), and where 503 sits
All 60 1-beds →503 last sold in March 2011 at AED 704 per sqft, 13% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 805). Over the last 12 months one-beds sold for AED 1,375,000 to 2,450,000, around AED 2,152 per sqft, and rent for AED 90,000 to 157,500 a year. 503's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,092 sqft | 2,450,000 | 2,243 | ||
| 25 Sep 202625 September 2026 | 1,092 sqft | 2,350,000 | 2,152 | ||
| 23 Jul 202623 July 2026 | 906 sqft | 2,060,000 | 2,273 | ||
| 11 Jun 202611 June 2026 | 906 sqft | 1,375,000 | 1,517 |
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)503, The Residences 5 (E2) in numbers
- Sold twice: first on 20 March 2011 for AED 1,130,000, last on 20 March 2011 for AED 769,800 (AED 704 per sqft).
- Rented since October 2012 on 9 Ejari contracts, from AED 85,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2011 price is 16.9%, before a service charge of about AED 25,100 a year (AED 23.00 per sqft).
- One-beds in The Residences 5 (E2) sold for AED 1,375,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,152 per sqft.
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 503, The Residences 5 (E2)
What did unit 503 last sell for?
AED 769,800 on 20 March 2011, sold by the developer: AED 704 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 1,130,000 in March 2011.
What is the rent for unit 503?
AED 130,000 a year on the contract signed on 16 October 2024. The previous contract, from March 2024, was AED 125,000; the unit has been rented since October 2012.
How big is unit 503?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 5th floor of a 33-storey tower completed in 2007.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 5 (E2) sold for AED 1,375,000 to 2,450,000 in the last 12 months, around AED 2,152 per sqft.
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Mortgage on 503, The Residences 5 (E2)
Starts from the last sale price (AED 770K, 20 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 769,800
- Deposit, UAE resident (20%)
- AED 153,960
- Deposit, non-resident (40%)
- AED 307,920
- Monthly over 25 years at 3.7%
- AED 3,149
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →