2304, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, The Residences 5 (E2)
What is 2304 worth today?
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Source: Dubai Land Department. Updated 3 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 23rd of 33
- Parking
- P-17
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 850K · July 2019
- Building
- The Residences 5 (E2)
About 2304, The Residences 5 (E2)
2304 is a one-bedroom apartment of 906 sqft on the 23rd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 11 July 2019 for AED 850,000, or AED 938 per sqft, 32% below the AED 1,373 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 3 June 2025, is AED 115,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 20,800 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 53 1-beds →2304 last sold in July 2019 at AED 938 per sqft, 32% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,373). Over the last 12 months one-beds sold for AED 2,275,000 to 2,375,000, around AED 2,129 per sqft, and rent for AED 135,000 to 135,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 1,092 sqft | 2,375,000 | 2,174 | ||
| 20 Mar 202520 March 2025 | 1,092 sqft | 2,950,000 | 2,701 | ||
| 27 Jan 202527 January 2025 | 1,092 sqft | 1,636,000 | 1,498 | ||
| 31 Oct 202431 October 2024 | 1,092 sqft | 2,750,000 | 2,518 |
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 23rd floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,838 sqft | AED 3.95MAED 3,950,000 · Jan 2021January 2021 | 280,000 /yr | |
| 2302 | 2-bed | 1,431 sqft | AED 4.85MAED 4,850,000 · May 2017May 2017 | 170,000 /yr | |
| 2303 | 1-bed | 1,092 sqft | AED 931KAED 930,800 · Mar 2009March 2009 | 95,000 /yr | |
| 2305 | 2-bed | 1,365 sqft | AED 2.8MAED 2,800,000 · May 2022May 2022 | 150,000 /yr |
2304, The Residences 5 (E2) in numbers
- Sold twice: first on 22 August 2010 for AED 739,800, last on 11 July 2019 for AED 850,000 (AED 938 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 115,000 by June 2025.
- At AED 115,000 a year the gross yield on the 2019 price is 13.5%, before a service charge of about AED 20,800 a year (AED 23.00 per sqft).
- One-beds in The Residences 5 (E2) sold for AED 2,275,000–2,375,000 in the 12 months to November 2026; the building's median across all types is AED 2,129 per sqft.
Source: Dubai Land Department. Updated 3 June 2025.
Questions about 2304, The Residences 5 (E2)
What did unit 2304 last sell for?
AED 850,000 on 11 July 2019: AED 938 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 739,800 in August 2010.
What is the rent for unit 2304?
AED 115,000 a year on the contract signed on 3 June 2025. The previous contract, from March 2022, was AED 78,750; the unit has been rented since September 2013.
How big is unit 2304?
906 sqft (84.2 sqm): a one-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2007.
What is unit 2304 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 2,275,000 to 2,375,000 in the last 12 months, around AED 2,129 per sqft.
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Mortgage on 2304, The Residences 5 (E2)
Starts from the last sale price (AED 850K, 11 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →