1-bed · 906 sqftThe Residences 5 (E2), Downtown Dubai · 27th floor · completed 2007

2704, The Residences 5 (E2)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 13 October 2023
Last soldAED 1.73M27 July 2023
Current rentAED 84K /yr13 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, The Residences 5 (E2)

What is 2704 worth today?

Last sold for AED 1,725,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Oct 2023RentedRenewal
AED 84,000/yr9 months · AED 93 per sqft
27 Jul 2023SoldReady
AED 1,725,000AED 1,903 per sqft
13 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 88 per sqft
13 Oct 2021RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
13 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
26 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft
26 Jan 2018RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
20 Jul 2010Sold by developerReady
AED 715,800AED 790 per sqft

Source: Dubai Land Department. Updated 13 October 2023.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
27th of 33
Parking
P-33
Developer
Emaar
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.73M · July 2023

About 2704, The Residences 5 (E2)

2704 is a one-bedroom apartment of 906 sqft on the 27th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 27 July 2023 for AED 1,725,000, or AED 1,903 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 13 October 2023, is AED 84,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical one-bed in The Residences 5 (E2)
1M2M2008201320182023Typical sale price by year: 2008 AED 800,000; 2009 AED 891,800; 2010 AED 877,800; 2011 AED 1,012,500; 2012 AED 1,200,000; 2013 AED 1,600,000; 2015 AED 2,000,000; 2017 AED 2,100,000; 2019 AED 1,425,000; 2021 AED 1,263,000; 2023 AED 1,975,000; 2024 AED 1,852,500Sold by developer, July 2010: AED 715,800 (AED 790 per sqft)Sold, July 2023: AED 1,725,000 (AED 1,903 per sqft)

2704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in The Residences 5 (E2)
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 100,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 92,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 100,000; 2024 AED 119,000; 2025 AED 117,500Renewal, January 2018: AED 100,000 a yearRenewal, January 2019: AED 90,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2021: AED 75,000 a yearRenewal, October 2022: AED 80,000 a yearRenewal, October 2023: AED 84,000 a year

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 2704 sits

All 53 1-beds →

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 salesUnit no.Price (AED)Summary
13 Jan 20262,375,000
20 Mar 20252,950,000
27 Jan 20251,636,000
31 Oct 20242,750,000
2 1-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 27th floor

All 154 units in The Residences 5 (E2)
Value
27013-bedAED 1.86M · Aug 2008
27022-bedAED 5.1M · Feb 2015
27031-bedAED 2.35M · May 2024
27052-bedAED 2.9M · Oct 2023

2704, The Residences 5 (E2) in numbers

  • Sold twice: first on 20 July 2010 for AED 715,800, last on 27 July 2023 for AED 1,725,000 (AED 1,903 per sqft).
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 84,000 by October 2023.
  • At AED 84,000 a year the gross yield on the 2023 price is 4.9%, 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 13 October 2023.

Questions about 2704, The Residences 5 (E2)

What did unit 2704 last sell for?

AED 1,725,000 on 27 July 2023: AED 1,903 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 715,800 in July 2010.

What is the rent for unit 2704?

AED 84,000 a year on the contract renewed on 13 October 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since January 2018.

How big is unit 2704?

906 sqft (84.2 sqm): a one-bedroom apartment on the 27th floor of a 33-storey tower completed in 2007.

What is unit 2704 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.

Selling 2704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2704, The Residences 5 (E2)

Starts from the last sale price (AED 1.73M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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