1,977 sqftThe Residences 6 (E3), Downtown Dubai · 4th floor · completed 2007

402, The Residences 6 (E3)

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 4M26 November 2017
Current rentAED 340K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Residences 6 (E3)

What is 402 worth today?

Last sold for AED 4,000,000 in 2017

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5 Oct 2023RentedNew contract
AED 340,000/yr12 months · AED 172 per sqft
1 Sep 2022RentedNew contract
AED 210,000/yr12 months · AED 106 per sqft
1 Sep 2021RentedRenewal
AED 180,000/yr12 months · AED 91 per sqft
1 Sep 2020RentedNew contract
AED 180,000/yr12 months · AED 91 per sqft
26 Nov 2017SoldReady
AED 4,000,000AED 2,023 per sqft
15 Nov 2009SoldReady
AED 3,030,000AED 1,532 per sqft
6 May 2008Sold by developerReady
AED 1,162,900AED 588 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
Apartment
Size
1,977 sqft
Floor
4th of 21
Parking
L1-881,L1-882
Developer
Emaar
Completed
2007
Service charge
AED 45,500 /yr
Last sold
AED 4M · November 2017

About 402, The Residences 6 (E3)

402 is an apartment of 1,977 sqft on the 4th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 26 November 2017 for AED 4,000,000, or AED 2,023 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 October 2023, is AED 340,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 45,500 a year.

The Residences 6 (E3)

Building

79 apartments, 1-bed to 5-bed over 21 floors in Downtown Dubai, completed in 2007 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,616
Typical sale
AED 3.55M
Typical rent
AED 197K /yr
Typical yield
5.4%
The Residences 6 (E3), Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 79 units in The Residences 6 (E3)
Value
4012-bedAED 1.41M · Aug 2008
4032-bedAED 1.74M · Mar 2011
4042-bedAED 2.6M · Aug 2010

402, The Residences 6 (E3) in numbers

  • Sold 3 times: first on 6 May 2008 for AED 1,162,900, last on 26 November 2017 for AED 4,000,000 (AED 2,023 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 180,000 to AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 45,500 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 5 October 2023.

Questions about 402, The Residences 6 (E3)

What did unit 402 last sell for?

AED 4,000,000 on 26 November 2017: AED 2,023 per sqft for 1,977 sqft. The unit has 3 registered sales; the first was AED 1,162,900 in May 2008.

What is the rent for unit 402?

AED 340,000 a year on the contract signed on 5 October 2023. The previous contract, from September 2022, was AED 210,000; the unit has been rented since September 2020.

How big is unit 402?

1,977 sqft (183.7 sqm): an apartment on the 4th floor of a 21-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.

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Mortgage on 402, The Residences 6 (E3)

Starts from the last sale price (AED 4M, 26 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →