1602, The Residences 4 (E1)
Sold prices and rental history: sold twice, last in April 2014, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Residences 4 (E1)
What is 1602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 September 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,379 sqft
- Floor
- 16th of 28
- Parking
- P-171, P-172
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 54,700 /yr
- Last sold
- AED 8.75M · April 2014
- Building
- The Residences 4 (E1)
About 1602, The Residences 4 (E1)
1602 is a three-bedroom apartment of 2,379 sqft on the 16th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 17 April 2014 for AED 8,750,000, or AED 3,677 per sqft, 6% above the AED 3,467 three-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 16 September 2019, is AED 220,000 a year: a gross yield of 2.5% on the 2014 price, before the service charge of about AED 54,700 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1602 sits
All 49 3-beds →1602 last sold in April 2014 at AED 3,677 per sqft, 6% above what three-beds in The Residences 4 (E1) were fetching at the time (AED 3,467). 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. 1602's AED 220,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 2,379 sqft | 7,625,000 | 3,205 | ||
| 14 May 202614 May 2026 | 520 sqft | 900,000 | 1,731 | ||
| 11 May 202611 May 2026 | 2,379 sqft | 8,000,000 | 3,362 | ||
| 19 Jan 202619 January 2026 | 2,379 sqft | 7,650,000 | 3,215 |
The Residences 4 (E1)
Building54 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%
Other units on the 16th floor
All 54 units in The Residences 4 (E1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 520 sqft | AED 900KAED 900,000 · May 2026May 2026 | 240,000 /yr |
1602, The Residences 4 (E1) in numbers
- Sold twice: first on 13 November 2008 for AED 2,558,800, last on 17 April 2014 for AED 8,750,000 (AED 3,677 per sqft).
- Rented since February 2018 on 2 Ejari contracts, from AED 257,500 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2014 price is 2.5%, 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 16 September 2019.
Questions about 1602, The Residences 4 (E1)
What did unit 1602 last sell for?
AED 8,750,000 on 17 April 2014: AED 3,677 per sqft for 2,379 sqft. The unit has 2 registered sales; the first was AED 2,558,800 in November 2008.
What is the rent for unit 1602?
AED 220,000 a year on the contract signed on 16 September 2019. The previous contract, from February 2018, was AED 257,500.
How big is unit 1602?
2,379 sqft (221.0 sqm): a three-bedroom apartment on the 16th floor of a 28-storey tower completed in 2007.
What is unit 1602 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 1602? 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.
Mortgage on 1602, The Residences 4 (E1)
Starts from the last sale price (AED 8.75M, 17 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 8,750,000
- Deposit, UAE resident (20%)
- AED 1,750,000
- Deposit, non-resident (40%)
- AED 3,500,000
- Monthly over 25 years at 3.7%
- AED 35,799
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →