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2-bed · 1,365 sqftThe Residences 5 (E2), Downtown Dubai · 24th floor · completed 2007

2405, The Residences 5 (E2)

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 1.81M1 October 2012
Current rentAED 200K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, The Residences 5 (E2)

What is 2405 worth today?

Last sold for AED 1,813,758 in 2012

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30 May 2025RentedRenewal
AED 200,000/yr12 months · AED 147 per sqft
7 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
6 Apr 2022RentedNew contract
AED 135,000/yr12 months · AED 99 per sqft
25 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
26 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
9 Sep 2018RentedRenewal
AED 145,000/yr12 months · AED 106 per sqft
9 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
25 Aug 2016RentedNew contract
AED 170,000/yr12 months · AED 124 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2025.

Key facts

Type
2-bed apartment
Size
1,365 sqft
Floor
24th of 33
Parking
P-22
Developer
Emaar
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 1.81M · October 2012
Building
The Residences 5 (E2)

About 2405, The Residences 5 (E2)

2405 is a two-bedroom apartment of 1,365 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 1 October 2012 for AED 1,813,758, or AED 1,328 per sqft, 20% above the AED 1,107 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 30 May 2025, is AED 200,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 31,400 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in The Residences 5 (E2)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,372,800; 2009 AED 1,210,800; 2010 AED 1,446,300; 2011 AED 1,814,444; 2012 AED 2,100,000; 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, October 2012: AED 1,813,758 (AED 1,328 per sqft)

2405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in The Residences 5 (E2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 185,000; 2015 AED 183,500; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 120,000; 2021 AED 112,500; 2022 AED 130,000; 2023 AED 152,000; 2024 AED 172,500; 2025 AED 180,000New contract, February 2015: AED 175,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, September 2017: AED 150,000 a yearRenewal, September 2018: AED 145,000 a yearNew contract, December 2019: AED 110,000 a yearNew contract, January 2021: AED 100,000 a yearNew contract, April 2022: AED 140,000 a yearNew contract, April 2022: AED 135,000 a yearRenewal, May 2025: AED 200,000 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 2405 sits

All 61 2-beds →

2405 last sold in October 2012 at AED 1,328 per sqft, 20% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,107). 2405's AED 200,000 is at the top 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. 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%
The Residences 5 (E2), Downtown Dubai: prices, sales and rents →

Other units on the 24th floor

All 154 units in The Residences 5 (E2)
Value
24013-bedAED 4.14M · Apr 2010
24022-bedAED 1.44M · Aug 2010
24031-bedAED 936K · Aug 2013
24041-bedAED 1.85M · Dec 2016

2405, The Residences 5 (E2) in numbers

  • Sold once: by Emaar on 1 October 2012 for AED 1,813,758, or AED 1,328 per sqft.
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 200,000 by May 2025.
  • At AED 200,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2025.

Questions about 2405, The Residences 5 (E2)

What did unit 2405 last sell for?

AED 1,813,758 on 1 October 2012, sold by the developer: AED 1,328 per sqft for 1,365 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 200,000 a year on the contract renewed on 30 May 2025. The previous contract, from April 2022, was AED 140,000; the unit has been rented since February 2015.

How big is unit 2405?

1,365 sqft (126.8 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.

What is unit 2405 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 2405, The Residences 5 (E2)

Starts from the last sale price (AED 1.81M, 1 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,758
Deposit, UAE resident (20%)
AED 362,752
Deposit, non-resident (40%)
AED 725,503
Monthly over 25 years at 3.7%
AED 7,421

Plus AED 81,188 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →