Home
Dubai prices
About
Blog
3-bed · 2,379 sqftThe Residences 4 (E1), Downtown Dubai · 10th floor · completed 2007

1002, The Residences 4 (E1)

Sold prices and rental history: sold once, by the developer in June 2011, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 6.6M16 June 2011
Current rentAED 120K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1002

Property timeline for 1002, The Residences 4 (E1)

What is 1002 worth today?

Last sold for AED 6,600,000 in 2011

Unlock today's estimate, updated daily, with

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

1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
1 Nov 2012RentedNew contract
AED 210,000/yr12 months · AED 88 per sqft
16 Jun 2011Sold by developerReady
AED 6,600,000AED 2,774 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
3-bed apartment
Size
2,379 sqft
Floor
10th of 28
Parking
P-310, P-311
Developer
Emaar
Completed
2007
Service charge
AED 54,700 /yr
Last sold
AED 6.6M · June 2011
Building
The Residences 4 (E1)

About 1002, The Residences 4 (E1)

1002 is a three-bedroom apartment of 2,379 sqft on the 10th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 June 2011 for AED 6,600,000, or AED 2,774 per sqft, 109% above the AED 1,327 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 May 2021, is AED 120,000 a year: a gross yield of 1.8% on the 2011 price, before the service charge of about AED 54,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in The Residences 4 (E1)
5M2008201320182023Typical sale price by year: 2008 AED 2,545,800; 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 7,500,000; 2026 AED 7,637,500Sold by developer, June 2011: AED 6,600,000 (AED 2,774 per sqft)

1002 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in The Residences 4 (E1)
100K200K300K2012201620202024Typical rent by year: 2012 AED 228,400; 2013 AED 235,000; 2014 AED 270,297; 2015 AED 285,000; 2016 AED 285,000; 2017 AED 280,000; 2018 AED 262,000; 2019 AED 240,000; 2020 AED 200,000; 2021 AED 200,000; 2022 AED 250,000; 2023 AED 292,500; 2024 AED 300,000; 2025 AED 307,500; 2026 AED 310,000New contract, November 2012: AED 210,000 a yearNew contract, May 2021: AED 120,000 a year

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 1002 sits

All 49 3-beds →

1002 last sold in June 2011 at AED 2,774 per sqft, 109% above what three-beds in The Residences 4 (E1) were fetching at the time (AED 1,327). Over the last 12 months three-beds sold for AED 900,000 to 8,000,000, around AED 3,210 per sqft, and rent for AED 180,000 to 500,000 a year. 1002's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Aug 20267,625,000
14 May 2026900,000
11 May 20268,000,000
19 Jan 20267,650,000
4 3-bed sales 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. 4 sold in the last 12 months.

Typical price per sqft
AED 3,210
Typical sale
AED 7.64M
Typical rent
AED 305K /yr
Typical yield
3.8%
The Residences 4 (E1), Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 54 units in The Residences 4 (E1)
Value
10013-bedAED 8M · Jun 2023

1002, The Residences 4 (E1) in numbers

  • Sold once: by Emaar on 16 June 2011 for AED 6,600,000, or AED 2,774 per sqft.
  • Rented since November 2012 on 2 Ejari contracts, from AED 210,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2011 price is 1.8%, before a service charge of about AED 54,700 a year (AED 23.00 per sqft).
  • Three-beds in The Residences 4 (E1) sold for AED 900,000–8,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,210 per sqft.

Source: Dubai Land Department. Updated 1 May 2021.

Questions about 1002, The Residences 4 (E1)

What did unit 1002 last sell for?

AED 6,600,000 on 16 June 2011, sold by the developer: AED 2,774 per sqft for 2,379 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 120,000 a year on the contract signed on 1 May 2021. The previous contract, from November 2012, was AED 210,000.

How big is unit 1002?

2,379 sqft (221.0 sqm): a three-bedroom apartment on the 10th floor of a 28-storey tower completed in 2007.

What is unit 1002 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 900,000 to 8,000,000 in the last 12 months, around AED 3,210 per sqft.

Selling 1002? 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 1002, The Residences 4 (E1)

Starts from the last sale price (AED 6.6M, 16 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →