305, The Residences 5 (E2)
Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, The Residences 5 (E2)
What is 305 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,365 sqft
- Floor
- 3rd of 33
- Parking
- P-137
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,400 /yr
- Last sold
- AED 2.9M · September 2016
- Building
- The Residences 5 (E2)
About 305, The Residences 5 (E2)
305 is a two-bedroom apartment of 1,365 sqft on the 3rd floor of The Residences 5 (E2), a 33-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 20 September 2016 for AED 2,900,000, or AED 2,124 per sqft, 15% below the AED 2,501 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 131,198 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 31,400 a year.
Sales and rents for 305 over time
305 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 305 sits
All 61 2-beds →305 last sold in September 2016 at AED 2,124 per sqft, 15% below what two-beds in The Residences 5 (E2) were fetching at the time (AED 2,501). 305's AED 131,198 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 3rd floor
All 154 units in The Residences 5 (E2)305, The Residences 5 (E2) in numbers
- Sold twice: first on 18 August 2010 for AED 1,203,800, last on 20 September 2016 for AED 2,900,000 (AED 2,124 per sqft).
- Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 118,000 in 2021 and recovered to AED 131,198 by March 2024.
- At AED 131,198 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 31,400 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 1 March 2024.
Questions about 305, The Residences 5 (E2)
What did unit 305 last sell for?
AED 2,900,000 on 20 September 2016: AED 2,124 per sqft for 1,365 sqft. The unit has 2 registered sales; the first was AED 1,203,800 in August 2010.
What is the rent for unit 305?
AED 131,198 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 124,950; the unit has been rented since June 2015.
How big is unit 305?
1,365 sqft (126.8 sqm): a two-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2007.
What is unit 305 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 305, The Residences 5 (E2)
Starts from the last sale price (AED 2.9M, 20 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →