2902, The Residences 5 (E2)
Sold prices and rental history: sold 5 times, last in March 2016, 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 2902, The Residences 5 (E2)
What is 2902 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,431 sqft
- Floor
- 29th of 33
- Parking
- B2 -340
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 32,900 /yr
- Last sold
- AED 3.72M · March 2016
- Building
- The Residences 5 (E2)
About 2902, The Residences 5 (E2)
2902 is a two-bedroom apartment of 1,431 sqft on the 29th floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 29 March 2016 for AED 3,715,000, or AED 2,596 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 135,000 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 32,900 a year.
Sales and rents for 2902 over time
2902 has sold 5 times; 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 2902 sits
All 61 2-beds →2902's AED 135,000 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 29th floor
All 154 units in The Residences 5 (E2)2902, The Residences 5 (E2) in numbers
- Sold 5 times: first on 12 June 2008 for AED 1,340,800, last on 29 March 2016 for AED 3,715,000 (AED 2,596 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 183,000 to AED 115,000 in 2020 and recovered to AED 135,000 by June 2023.
- At AED 135,000 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 32,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 1 June 2023.
Questions about 2902, The Residences 5 (E2)
What did unit 2902 last sell for?
AED 3,715,000 on 29 March 2016: AED 2,596 per sqft for 1,431 sqft. The unit has 5 registered sales; the first was AED 1,340,800 in June 2008.
What is the rent for unit 2902?
AED 135,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 121,000; the unit has been rented since October 2013.
How big is unit 2902?
1,431 sqft (132.9 sqm): a two-bedroom apartment on the 29th floor of a 33-storey tower completed in 2007.
What is unit 2902 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 2902, The Residences 5 (E2)
Starts from the last sale price (AED 3.72M, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,715,000
- Deposit, UAE resident (20%)
- AED 743,000
- Deposit, non-resident (40%)
- AED 1,486,000
- Monthly over 25 years at 3.7%
- AED 15,199
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →