701, The Residences 5 (E2)
Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Residences 5 (E2)
What is 701 worth today?
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Source: Dubai Land Department. Updated 3 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,838 sqft
- Floor
- 7th of 33
- Parking
- P-162,P-163
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 42,300 /yr
- Last sold
- AED 4M · December 2020
- Building
- The Residences 5 (E2)
About 701, The Residences 5 (E2)
701 is a three-bedroom apartment of 1,838 sqft on the 7th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 9 December 2020 for AED 4,000,000, or AED 2,176 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 3 July 2026, is AED 287,629 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 42,300 a year.
Sales and rents for 701 over time
701 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 701 sits
All 31 3-beds →701's AED 287,629 is in the upper half of that range.
| 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 7th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,431 sqft | AED 3.5MAED 3,500,000 · Jan 2024January 2024 | 195,000 /yr | |
| 703 | 1-bed | 1,092 sqft | AED 2.1MAED 2,100,000 · Jan 2017January 2017 | 130,000 /yr | |
| 704 | 1-bed | 906 sqft | AED 1.38MAED 1,375,000 · Jun 2026June 2026 | 115,000 /yr | |
| 705 | 2-bed | 1,365 sqft | AED 2.85MAED 2,850,000 · Oct 2023October 2023 | 105,000 /yr |
701, The Residences 5 (E2) in numbers
- Sold 3 times: first on 17 January 2011 for AED 2,560,000, last on 9 December 2020 for AED 4,000,000 (AED 2,176 per sqft).
- Rented since June 2022 on 4 Ejari contracts, from AED 240,000 to AED 287,629 a year.
- At AED 287,629 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 42,300 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 3 July 2026.
Questions about 701, The Residences 5 (E2)
What did unit 701 last sell for?
AED 4,000,000 on 9 December 2020: AED 2,176 per sqft for 1,838 sqft. The unit has 3 registered sales; the first was AED 2,560,000 in January 2011.
What is the rent for unit 701?
AED 287,629 a year on the contract signed on 3 July 2026. The previous contract, from June 2024, was AED 290,000; the unit has been rented since June 2022.
How big is unit 701?
1,838 sqft (170.8 sqm): a three-bedroom apartment on the 7th floor of a 33-storey tower completed in 2007.
What is unit 701 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 701, The Residences 5 (E2)
Starts from the last sale price (AED 4M, 9 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →