2403, The Residences 5 (E2)
Sold prices and rental history: sold once, by the developer in August 2013, 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 2403, The Residences 5 (E2)
What is 2403 worth today?
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Source: Dubai Land Department. Updated 3 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 24th of 33
- Parking
- P-20
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 25,100 /yr
- Last sold
- AED 936K · August 2013
- Building
- The Residences 5 (E2)
About 2403, The Residences 5 (E2)
2403 is a one-bedroom apartment of 1,092 sqft on the 24th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 27 August 2013 for AED 935,800, or AED 856 per sqft, 43% below the AED 1,490 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 3 July 2025, is AED 125,000 a year: a gross yield of 13.4% on the 2013 price, before the service charge of about AED 25,100 a year.
Sales and rents for 2403 over time
2403 has sold once; 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 2403 sits
All 53 1-beds →2403 last sold in August 2013 at AED 856 per sqft, 43% below what one-beds in The Residences 5 (E2) were fetching at the time (AED 1,490). 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 24th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,838 sqft | AED 4.14MAED 4,138,888 · Apr 2010April 2010 | ||
| 2402 | 2-bed | 1,431 sqft | AED 1.44MAED 1,442,800 · Aug 2010August 2010 | 220,000 /yr | |
| 2404 | 1-bed | 906 sqft | AED 1.85MAED 1,850,000 · Dec 2016December 2016 | 105,000 /yr | |
| 2405 | 2-bed | 1,365 sqft | AED 1.81MAED 1,813,758 · Oct 2012October 2012 | 200,000 /yr |
2403, The Residences 5 (E2) in numbers
- Sold once: by Emaar on 27 August 2013 for AED 935,800, or AED 856 per sqft.
- Rented since May 2014 on 10 Ejari contracts, from AED 105,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2013 price is 13.4%, 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 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 July 2025.
Questions about 2403, The Residences 5 (E2)
What did unit 2403 last sell for?
AED 935,800 on 27 August 2013, sold by the developer: AED 856 per sqft for 1,092 sqft. It is the only registered sale of the unit.
What is the rent for unit 2403?
AED 125,000 a year on the contract renewed on 3 July 2025. The previous contract, from June 2024, was AED 125,000; the unit has been rented since May 2014.
How big is unit 2403?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.
What is unit 2403 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 2403, The Residences 5 (E2)
Starts from the last sale price (AED 936K, 27 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 935,800
- Deposit, UAE resident (20%)
- AED 187,160
- Deposit, non-resident (40%)
- AED 374,320
- Monthly over 25 years at 3.7%
- AED 3,829
Plus AED 44,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →