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3-bed · 2,599 sqftThe Residences 4 (E1), Downtown Dubai · 15th floor · completed 2007

1501, The Residences 4 (E1)

Sold prices and rental history: sold once, by the developer in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 13 March 2011
Last soldAED 4.8M13 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, The Residences 4 (E1)

What is 1501 worth today?

Last sold for AED 4,800,000 in 2011

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13 Mar 2011Sold by developerReady
AED 4,800,000AED 1,846 per sqft

Source: Dubai Land Department. Updated 13 March 2011.

Key facts

Type
3-bed apartment
Size
2,599 sqft
Floor
15th of 28
Parking
P-127,P-128, B2-436
Developer
Emaar
Completed
2007
Service charge
AED 59,800 /yr
Last sold
AED 4.8M · March 2011
Building
The Residences 4 (E1)

About 1501, The Residences 4 (E1)

1501 is a three-bedroom apartment of 2,599 sqft on the 15th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 13 March 2011 for AED 4,800,000, or AED 1,846 per sqft, 52% above the AED 1,215 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in The Residences 4 (E1)
5M2008201320182023Typical sale price by year: 2008 AED 2,487,800; 2009 AED 2,877,344; 2010 AED 2,794,800; 2011 AED 4,400,000; 2012 AED 4,700,000; 2013 AED 8,000,000; 2014 AED 8,625,000; 2015 AED 8,500,000; 2016 AED 7,000,000; 2018 AED 6,800,000; 2023 AED 7,225,000; 2024 AED 7,500,000Sold by developer, March 2011: AED 4,800,000 (AED 1,846 per sqft)

1501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, each contractTypical three-bed in The Residences 4 (E1)
200K300K2012201620202024Typical rent by year: 2012 AED 228,400; 2013 AED 232,500; 2014 AED 260,149; 2015 AED 287,500; 2016 AED 285,000; 2017 AED 280,000; 2018 AED 257,500; 2019 AED 244,332; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 245,000; 2023 AED 287,500; 2024 AED 315,000; 2025 AED 300,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences 4 (E1), and where 1501 sits

All 48 3-beds →

1501 last sold in March 2011 at AED 1,846 per sqft, 52% above what three-beds in The Residences 4 (E1) were fetching at the time (AED 1,215). Over the last 12 months three-beds sold for AED 7,650,000, around AED 3,215 per sqft, and rent for AED 300,000 to 350,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jan 20267,650,000
10 Mar 20257,300,000
18 Feb 20257,500,000
30 Dec 20248,000,000
1 3-bed sale in the last 12 months

The Residences 4 (E1)

Building

54 apartments, studios to 4-bed over 28 floors in Downtown Dubai, completed in 2007 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,215
Typical sale
AED 7.65M
Typical rent
AED 300K /yr
Typical yield
3.8%
The Residences 4 (E1), Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 54 units in The Residences 4 (E1)
Value
15023-bedAED 8.2M · Mar 2015

1501, The Residences 4 (E1) in numbers

  • Sold once: by Emaar on 13 March 2011 for AED 4,800,000, or AED 1,846 per sqft.
  • Three-beds in The Residences 4 (E1) sold for AED 7,650,000–7,650,000 in the 12 months to November 2026; the building's median across all types is AED 3,215 per sqft.

Source: Dubai Land Department. Updated 13 March 2011.

Questions about 1501, The Residences 4 (E1)

What did unit 1501 last sell for?

AED 4,800,000 on 13 March 2011, sold by the developer: AED 1,846 per sqft for 2,599 sqft. It is the only registered sale of the unit.

How big is unit 1501?

2,599 sqft (241.5 sqm): a three-bedroom apartment on the 15th floor of a 28-storey tower completed in 2007.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 4 (E1) sold for AED 7,650,000 to 7,650,000 in the last 12 months, around AED 3,215 per sqft.

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Mortgage on 1501, The Residences 4 (E1)

Starts from the last sale price (AED 4.8M, 13 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

Plus AED 206,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →