703, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in January 2017, 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 703, The Residences 5 (E2)
What is 703 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 7th of 33
- Parking
- P-257
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 2.1M · January 2017
- Building
- The Residences 5 (E2)
About 703, The Residences 5 (E2)
703 is a one-bedroom apartment of 1,092 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 12 January 2017 for AED 2,100,000, or AED 1,923 per sqft, in line with the AED 1,923 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 130,000 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 25,100 a year.
Sales and rents for 703 over time
703 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 703 sits
All 60 1-beds →703 last sold in January 2017 at AED 1,923 per sqft, in line with what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,923). 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. 703'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 7th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,838 sqft | AED 4MAED 4,000,000 · Dec 2020December 2020 | 287,629 /yr | |
| 702 | 2-bed | 1,431 sqft | AED 3.5MAED 3,500,000 · Jan 2024January 2024 | 195,000 /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 |
703, The Residences 5 (E2) in numbers
- Sold twice: first on 26 October 2009 for AED 817,800, last on 12 January 2017 for AED 2,100,000 (AED 1,923 per sqft).
- Rented since January 2014 on 10 Ejari contracts, from AED 120,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2017 price is 6.2%, 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 1 September 2025.
Questions about 703, The Residences 5 (E2)
What did unit 703 last sell for?
AED 2,100,000 on 12 January 2017: AED 1,923 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 817,800 in October 2009.
What is the rent for unit 703?
AED 130,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 125,000; the unit has been rented since January 2014.
How big is unit 703?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 7th floor of a 33-storey tower completed in 2007.
What is unit 703 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 703, The Residences 5 (E2)
Starts from the last sale price (AED 2.1M, 12 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →