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3-bed · 2,599 sqftThe Residences 4 (E1), Downtown Dubai · 25th floor · completed 2007

2501, The Residences 4 (E1)

Sold prices and rental history: sold twice, last in July 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 9 July 2015
Last soldAED 9.35M9 July 2015
Current rentAED 250K /yr5 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2501, The Residences 4 (E1)

What is 2501 worth today?

Last sold for AED 9,350,000 in 2015

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9 Jul 2015SoldReady
AED 9,350,000AED 3,597 per sqft
5 Nov 2013RentedRenewal
AED 250,000/yr12 months · AED 96 per sqft
19 Dec 2012Sold by developerReady
AED 2,676,800AED 1,029 per sqft
5 Nov 2012RentedNew contract
AED 240,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 9 July 2015.

Key facts

Type
3-bed apartment
Size
2,599 sqft
Floor
25th of 28
Parking
L1-841,L1-842
Developer
Emaar
Completed
2007
Service charge
AED 59,800 /yr
Last sold
AED 9.35M · July 2015
Building
The Residences 4 (E1)

About 2501, The Residences 4 (E1)

2501 is a three-bedroom apartment of 2,599 sqft on the 25th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 9 July 2015 for AED 9,350,000, or AED 3,597 per sqft, in line with the AED 3,546 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 5 November 2013, is AED 250,000 a year: a gross yield of 2.7% on the 2015 price, before the service charge of about AED 59,800 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, each saleTypical three-bed in The Residences 4 (E1)
5M10M2008201320182023Typical 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, December 2012: AED 2,676,800 (AED 1,029 per sqft)Sold, July 2015: AED 9,350,000 (AED 3,597 per sqft)

2501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2501, each contractTypical three-bed in The Residences 4 (E1)
200K250K300K2012201620202024Typical 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 240,000 a yearRenewal, November 2013: AED 250,000 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 2501 sits

All 49 3-beds →

2501 last sold in July 2015 at AED 3,597 per sqft, in line with what three-beds in The Residences 4 (E1) were fetching at the time (AED 3,546). 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. 2501's AED 250,000 is in the lower half 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 25th floor

All 54 units in The Residences 4 (E1)
Value
25023-bedAED 6.8M · Apr 2018

2501, The Residences 4 (E1) in numbers

  • Sold twice: first on 19 December 2012 for AED 2,676,800, last on 9 July 2015 for AED 9,350,000 (AED 3,597 per sqft).
  • Rented since November 2012 on 2 Ejari contracts, from AED 240,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2015 price is 2.7%, before a service charge of about AED 59,800 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 9 July 2015.

Questions about 2501, The Residences 4 (E1)

What did unit 2501 last sell for?

AED 9,350,000 on 9 July 2015: AED 3,597 per sqft for 2,599 sqft. The unit has 2 registered sales; the first was AED 2,676,800 in December 2012.

What is the rent for unit 2501?

AED 250,000 a year on the contract renewed on 5 November 2013. The previous contract, from November 2012, was AED 240,000.

How big is unit 2501?

2,599 sqft (241.5 sqm): a three-bedroom apartment on the 25th floor of a 28-storey tower completed in 2007.

What is unit 2501 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.

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Mortgage on 2501, The Residences 4 (E1)

Starts from the last sale price (AED 9.35M, 9 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 9,350,000
Deposit, UAE resident (20%)
AED 1,870,000
Deposit, non-resident (40%)
AED 3,740,000
Monthly over 25 years at 3.7%
AED 38,254

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