1702, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, The Residences 5 (E2)
What is 1702 worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 17th of 33
- Parking
- L1-896
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 2M · November 2010
- Building
- The Residences 5 (E2)
About 1702, The Residences 5 (E2)
1702 is a two-bedroom apartment of 1,431 sqft on the 17th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 22 November 2010 for AED 2,000,000, or AED 1,397 per sqft, 44% above the AED 967 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 22 August 2024, is AED 183,000 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 32,900 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 61 2-beds →1702 last sold in November 2010 at AED 1,397 per sqft, 44% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 967). 1702's AED 183,000 is in the upper 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. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,129
- Typical sale
- AED 2.33M
- Typical rent
- AED 193K /yr
- Typical yield
- 6.5%
Other units on the 17th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,838 sqft | AED 7MAED 7,000,000 · Sep 2023September 2023 | 212,500 /yr | |
| 1703 | 1-bed | 1,092 sqft | AED 1.63MAED 1,625,000 · Nov 2021November 2021 | 80,000 /yr | |
| 1704 | 1-bed | 906 sqft | AED 700KAED 700,000 · Jun 2010June 2010 | 115,000 /yr | |
| 1705 | 2-bed | 1,365 sqft | AED 2.4MAED 2,400,000 · Jan 2013January 2013 | 115,500 /yr |
1702, The Residences 5 (E2) in numbers
- Sold twice: first on 14 June 2009 for AED 1,256,800, last on 22 November 2010 for AED 2,000,000 (AED 1,397 per sqft).
- Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 152,000 to AED 135,000 in 2021 and recovered to AED 183,000 by August 2024.
- At AED 183,000 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 22 August 2024.
Questions about 1702, The Residences 5 (E2)
What did unit 1702 last sell for?
AED 2,000,000 on 22 November 2010: AED 1,397 per sqft for 1,431 sqft. The unit has 2 registered sales; the first was AED 1,256,800 in June 2009.
What is the rent for unit 1702?
AED 183,000 a year on the contract signed on 22 August 2024. The previous contract, from August 2023, was AED 175,000; the unit has been rented since December 2012.
How big is unit 1702?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.
What is unit 1702 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 1702, The Residences 5 (E2)
Starts from the last sale price (AED 2M, 22 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →