  We consider a 5-dimensional Ricci flat bouncing cosmological model in which
the 4-dimensional induced matter contains two components at late times - the
cold dark matter (CDM)+baryons and dark energy. We find that the arbitrary
function $f(z)$ contained in the solution plays a similar role as the potential
$V(\phi)$ in quintessence and phantom dark energy models. To resolve the
coincidence problem, it is generally believed that there is a scaling stage in
the evolution of the universe. We analyze the condition for this stage and show
that a hyperbolic form of the function $f(z)$ can work well in this property.
We find that during the scaling stage (before $z\approx 2$), the dark energy
behaves like (but not identical to) a cold dark matter with an adiabatic sound
speed $c_{s}^{2}\approx 0$ and $p_{x}\approx 0$. After $z\approx 2$, the
pressure of dark energy becomes negative. The transition from deceleration to
acceleration happens at $z_{T}\approx 0.8$ which, as well as other predictions
of the $5D$ model, agree with current observations.
