505, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in February 2014, 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 505, The Residences 5 (E2)
What is 505 worth today?
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Source: Dubai Land Department. Updated 21 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 5th of 33
- Parking
- P-153
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 3.45M · February 2014
- Building
- The Residences 5 (E2)
About 505, The Residences 5 (E2)
505 is a two-bedroom apartment of 1,365 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 26 February 2014 for AED 3,450,000, or AED 2,527 per sqft, 4% below the AED 2,637 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 21 February 2026, is AED 170,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 31,400 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 61 2-beds →505 last sold in February 2014 at AED 2,527 per sqft, 4% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,637). 505's AED 170,000 is in the lower 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)505, The Residences 5 (E2) in numbers
- Sold twice: first on 6 February 2012 for AED 1,102,800, last on 26 February 2014 for AED 3,450,000 (AED 2,527 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 170,000 by February 2026.
- At AED 170,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 21 February 2026.
Questions about 505, The Residences 5 (E2)
What did unit 505 last sell for?
AED 3,450,000 on 26 February 2014: AED 2,527 per sqft for 1,365 sqft. The unit has 2 registered sales; the first was AED 1,102,800 in February 2012.
What is the rent for unit 505?
AED 170,000 a year on the contract signed on 21 February 2026. The previous contract, from January 2025, was AED 160,000; the unit has been rented since January 2014.
How big is unit 505?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 5th floor of a 33-storey tower completed in 2007.
What is unit 505 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 505, The Residences 5 (E2)
Starts from the last sale price (AED 3.45M, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →