Apartments for sale in The Residence 5

How many apartments are listed for sale in The Residence 5?

On Bayut, the number of currently listed flats to buy in The Residence 5 is 16.

How much do the prices of an apartment for sale vary in The Residence 5?

As per the listings on Bayut, you can buy flats in The Residence 5 within a budget of AED 2,300,000 to AED 7,000,000.

How much do apartments cost on average in The Residence 5?

According to the last 6 months' listings on Bayut, a flat for sale in The Residence 5 has an average asking price of around AED 3,496,130. These asking prices may vary depending on the property size, type, condition, etc.

Has the average asking sale price changed for flats in The Residence 5?

The average asking price for apartments has witnessed a change of -2%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments near The Residence 5?

You can explore the following areas to purchase an apartment near The Residence 5:

• Business Bay
• DIFC
• Al Wasl

Are there any good schools near The Residence 5?

If you are seeking top schools near The Residence 5, here's what is recommended:

• GEMS Wellington Primary School
• JSS Private School
• Horizon English School (HES)

Are there any nurseries close to The Residence 5?

Here's what you can find among the top nurseries:

• Toddler Town Downtown Dubai
• Blossom Nursery Business Bay
• Blossom Nursery Downtown Dubai

How much ROI do apartments in The Residence 5 generate?

Investors can earn up to 5.80% return on investment in The Residence 5. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

Which leading real estate agencies are there in The Residence 5?

Agencies with the most listings of flats for sale include the following:

• Equity Real Estates L.L.C.
• White & Co
• Allsopp & Allsopp - Business Bay Sales

How many sale transactions were recorded for apartments in The Residence 5?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in The Residence 5 is 12.

What is the average cost of an apartment sold in The Residence 5?

According to DLD’s transactional data, apartments in The Residence 5 have sold at an average price of AED 3,434,290. Prices may go above or below the average depending on the apartment’s size, type, and location.

Did prices for an apartment in The Residence 5 experience any changes?

The prices of apartments in The Residence 5 reflect a change of -50% over the past 6 months. The change can be attributed to the prevailing market conditions.