2802, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in January 2011, 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 2802, The Residences 5 (E2)
What is 2802 worth today?
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Source: Dubai Land Department. Updated 15 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 28th of 33
- Parking
- P-130
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 2.55M · January 2011
- Building
- The Residences 5 (E2)
About 2802, The Residences 5 (E2)
2802 is a two-bedroom apartment of 1,431 sqft on the 28th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 January 2011 for AED 2,550,000, or AED 1,782 per sqft, 77% above the AED 1,008 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 143,000 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 32,900 a year.
Sales and rents for 2802 over time
2802 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 2802 sits
All 61 2-beds →2802 last sold in January 2011 at AED 1,782 per sqft, 77% above what two-beds in The Residences 5 (E2) were fetching at the time (AED 1,008). 2802's AED 143,000 is at the bottom 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 28th floor
All 154 units in The Residences 5 (E2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 3-bed | 1,838 sqft | AED 5MAED 5,000,000 · Feb 2022February 2022 | 250,000 /yr | |
| 2803 | 1-bed | 1,092 sqft | AED 1.98MAED 1,975,000 · Jul 2023July 2023 | 185,000 /yr | |
| 2804 | 906 sqft | AED 756KAED 755,800 · Apr 2011April 2011 | 122,850 /yr | ||
| 2805 | 2-bed | 1,365 sqft | AED 1.4MAED 1,395,800 · Jan 2011January 2011 | 205,000 /yr |
2802, The Residences 5 (E2) in numbers
- Sold twice: first on 28 August 2008 for AED 1,472,800, last on 6 January 2011 for AED 2,550,000 (AED 1,782 per sqft).
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 125,000 in 2021 and recovered to AED 143,000 by February 2024.
- At AED 143,000 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 15 February 2024.
Questions about 2802, The Residences 5 (E2)
What did unit 2802 last sell for?
AED 2,550,000 on 6 January 2011: AED 1,782 per sqft for 1,431 sqft. The unit has 2 registered sales; the first was AED 1,472,800 in August 2008.
What is the rent for unit 2802?
AED 143,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 143,000; the unit has been rented since October 2014.
How big is unit 2802?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 28th floor of a 33-storey tower completed in 2007.
What is unit 2802 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 2802, The Residences 5 (E2)
Starts from the last sale price (AED 2.55M, 6 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →