2-bed · 1,431 sqftThe Residences 5 (E2), Downtown Dubai · 8th floor · completed 2007

802, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.32M5 September 2010
Current rentAED 120K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, The Residences 5 (E2)

What is 802 worth today?

Last sold for AED 1,318,800 in 2010

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20 Nov 2023RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
20 Nov 2022RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
20 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
20 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
8 Feb 2020RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
1 Feb 2019RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
5 Nov 2017RentedNew contract
AED 175,000/yr12 months · AED 122 per sqft
25 Sep 2012RentedNew contract
AED 155,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,431 sqft
Floor
8th of 33
Parking
P-260
Developer
Emaar
Completed
2007
Service charge
AED 32,900 /yr
Last sold
AED 1.32M · September 2010

About 802, The Residences 5 (E2)

802 is a two-bedroom apartment of 1,431 sqft on the 8th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 5 September 2010 for AED 1,318,800, or AED 921 per sqft, 3% below the AED 951 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 20 November 2023, is AED 120,000 a year: a gross yield of 9.1% on the 2010 price, before the service charge of about AED 32,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical two-bed in The Residences 5 (E2)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,372,800; 2009 AED 1,272,800; 2010 AED 1,446,300; 2011 AED 1,846,944; 2012 AED 2,350,000; 2013 AED 3,400,000; 2014 AED 5,118,000; 2016 AED 3,300,000; 2017 AED 2,975,000; 2020 AED 2,500,000; 2021 AED 2,900,000; 2023 AED 2,875,000; 2024 AED 3,785,000Sold by developer, September 2010: AED 1,318,800 (AED 921 per sqft)

802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 802, each contractTypical two-bed in The Residences 5 (E2)
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 182,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 112,500; 2021 AED 115,500; 2022 AED 135,000; 2023 AED 152,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 175,000New contract, September 2012: AED 155,000 a yearNew contract, November 2017: AED 175,000 a yearNew contract, February 2019: AED 150,000 a yearNew contract, February 2020: AED 150,000 a yearNew contract, November 2020: AED 120,000 a yearRenewal, November 2021: AED 120,000 a yearRenewal, November 2022: AED 120,000 a yearNew contract, November 2023: AED 120,000 a year

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 802 sits

All 61 2-beds →

802 last sold in September 2010 at AED 921 per sqft, 3% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 951). 802's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 May 20254,700,000
6 Feb 20254,000,000
30 Oct 20244,550,000
1 Oct 20243,760,478
0 2-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 8th floor

All 154 units in The Residences 5 (E2)
Value
8013-bedAED 2.95M · May 2010
8031-bedAED 2.28M · Aug 2025
8041-bedAED 690K · Jan 2009
8052-bedAED 3.3M · Nov 2013

802, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 5 September 2010 for AED 1,318,800, or AED 921 per sqft.
  • Rented since September 2012 on 8 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 9.1%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 802, The Residences 5 (E2)

What did unit 802 last sell for?

AED 1,318,800 on 5 September 2010, sold by the developer: AED 921 per sqft for 1,431 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 120,000 a year on the contract signed on 20 November 2023. The previous contract, from November 2022, was AED 120,000; the unit has been rented since September 2012.

How big is unit 802?

1,431 sqft (132.9 sqm): a two-bedroom apartment on the 8th floor of a 33-storey tower completed in 2007.

What is unit 802 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 802, The Residences 5 (E2)

Starts from the last sale price (AED 1.32M, 5 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,800
Deposit, UAE resident (20%)
AED 263,760
Deposit, non-resident (40%)
AED 527,520
Monthly over 25 years at 3.7%
AED 5,396

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