Home
Dubai prices
About
Research
3-bed · 2,379 sqftThe Residences 4 (E1), Downtown Dubai · 4th floor · completed 2007

402, The Residences 4 (E1)

Sold prices and rental history: sold twice, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 21 May 2014
Last soldAED 8.5M21 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 402

Property timeline for 402, The Residences 4 (E1)

What is 402 worth today?

Last sold for AED 8,500,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 May 2014SoldReady
AED 8,500,000AED 3,572 per sqft
20 Jun 2010Sold by developerReady
AED 2,347,800AED 986 per sqft

Source: Dubai Land Department. Updated 21 May 2014.

Key facts

Type
3-bed apartment
Size
2,379 sqft
Floor
4th of 28
Parking
L1-966, L1-967
Developer
Emaar
Completed
2007
Service charge
AED 54,700 /yr
Last sold
AED 8.5M · May 2014
Building
The Residences 4 (E1)

About 402, The Residences 4 (E1)

402 is a three-bedroom apartment of 2,379 sqft on the 4th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 21 May 2014 for AED 8,500,000, or AED 3,572 per sqft, in line with the AED 3,572 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, 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, June 2010: AED 2,347,800 (AED 986 per sqft)Sold, May 2014: AED 8,500,000 (AED 3,572 per sqft)

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

Rents
Unit 402, 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 402 sits

All 48 3-beds →

402 last sold in May 2014 at AED 3,572 per sqft, in line with what three-beds in The Residences 4 (E1) were fetching at the time (AED 3,572). 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 4th floor

All 54 units in The Residences 4 (E1)
Value
4013-bedAED 2.54M · Jun 2010

402, The Residences 4 (E1) in numbers

  • Sold twice: first on 20 June 2010 for AED 2,347,800, last on 21 May 2014 for AED 8,500,000 (AED 3,572 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 21 May 2014.

Questions about 402, The Residences 4 (E1)

What did unit 402 last sell for?

AED 8,500,000 on 21 May 2014: AED 3,572 per sqft for 2,379 sqft. The unit has 2 registered sales; the first was AED 2,347,800 in June 2010.

How big is unit 402?

2,379 sqft (221.0 sqm): a three-bedroom apartment on the 4th floor of a 28-storey tower completed in 2007.

What is unit 402 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.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, The Residences 4 (E1)

Starts from the last sale price (AED 8.5M, 21 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

Plus AED 362,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →