3-bed · 1,838 sqftThe Residences 5 (E2), Downtown Dubai · 6th floor · completed 2007

601, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 2 September 2023
Last soldAED 4.41M18 January 2021
Current rentAED 31K /yr2 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, The Residences 5 (E2)

What is 601 worth today?

Last sold for AED 4,405,487 in 2021

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2 Sep 2023RentedNew contract · flagged as an outlier
AED 31,000/yr12 months · AED 17 per sqft
2 Sep 2023RentedNew contract
AED 310,000/yr12 months · AED 169 per sqft
18 Jan 2021SoldReady
AED 4,405,487AED 2,396 per sqft
25 Jan 2018RentedNew contract
AED 210,000/yr12 months · AED 114 per sqft
26 Nov 2016RentedNew contract
AED 250,000/yr12 months · AED 136 per sqft
28 Oct 2015RentedNew contract
AED 270,000/yr12 months · AED 147 per sqft
8 Oct 2014RentedNew contract
AED 260,000/yr12 months · AED 141 per sqft
8 Oct 2013RentedNew contract
AED 260,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 2 September 2023.

Key facts

Type
3-bed apartment
Size
1,838 sqft
Floor
6th of 33
Parking
P-160,P-161
Developer
Emaar
Completed
2007
Service charge
AED 42,300 /yr
Last sold
AED 4.41M · January 2021

About 601, The Residences 5 (E2)

601 is a three-bedroom apartment of 1,838 sqft on the 6th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 January 2021 for AED 4,405,487, or AED 2,396 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 September 2023, is AED 31,000 a year: a gross yield of 0.7% on the 2021 price, before the service charge of about AED 42,300 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in The Residences 5 (E2)
5M2008201220162020Typical sale price by year: 2008 AED 1,908,800; 2010 AED 3,120,000; 2011 AED 2,830,000; 2012 AED 4,450,000; 2013 AED 6,050,000; 2014 AED 7,600,000; 2015 AED 4,025,000; 2017 AED 4,985,000; 2021 AED 4,405,487Sold by developer, September 2008: AED 1,558,800 (AED 848 per sqft)Sold, January 2021: AED 4,405,487 (AED 2,396 per sqft)

601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 601, each contractTypical three-bed in The Residences 5 (E2)
200K250K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 252,500; 2014 AED 265,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 270,000; 2018 AED 215,000; 2019 AED 212,500; 2020 AED 210,000; 2021 AED 210,000; 2022 AED 220,000; 2023 AED 235,000; 2024 AED 260,000; 2025 AED 290,000; 2026 AED 275,000New contract, October 2013: AED 260,000 a yearNew contract, October 2014: AED 260,000 a yearNew contract, October 2015: AED 270,000 a yearNew contract, November 2016: AED 250,000 a yearNew contract, January 2018: AED 210,000 a yearNew contract, September 2023: AED 310,000 a year

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 601 sits

All 31 3-beds →

601's AED 31,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Jul 20244,400,000
4 Sep 20237,000,000
28 Feb 20225,000,000
8 Mar 20214,500,000
0 3-bed sales in the last 12 months

The Residences 5 (E2)

Building

154 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%
The Residences 5 (E2), Downtown Dubai: prices, sales and rents →

Other units on the 6th floor

All 154 units in The Residences 5 (E2)
Value
6022-bedAED 2.5M · Dec 2009
6031-bedAED 1.64M · Jan 2025
6041-bedAED 650K · Sep 2010
6052-bedAED 1.81M · Aug 2011

601, The Residences 5 (E2) in numbers

  • Sold twice: first on 25 September 2008 for AED 1,558,800, last on 18 January 2021 for AED 4,405,487 (AED 2,396 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 260,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2021 price is 0.7%, before a service charge of about AED 42,300 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 2 September 2023.

Questions about 601, The Residences 5 (E2)

What did unit 601 last sell for?

AED 4,405,487 on 18 January 2021: AED 2,396 per sqft for 1,838 sqft. The unit has 2 registered sales; the first was AED 1,558,800 in September 2008.

What is the rent for unit 601?

AED 31,000 a year on the contract signed on 2 September 2023. The previous contract, from September 2023, was AED 310,000; the unit has been rented since October 2013.

How big is unit 601?

1,838 sqft (170.8 sqm): a three-bedroom apartment on the 6th floor of a 33-storey tower completed in 2007.

What is unit 601 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 601, The Residences 5 (E2)

Starts from the last sale price (AED 4.41M, 18 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,405,487
Deposit, UAE resident (20%)
AED 881,097
Deposit, non-resident (40%)
AED 1,762,195
Monthly over 25 years at 3.7%
AED 18,024

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →