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

401, The Residences 4 (E1)

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 2.54M20 June 2010
Current rentAED 240K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Residences 4 (E1)

What is 401 worth today?

Last sold for AED 2,536,800 in 2010

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15 Mar 2023RentedRenewal
AED 240,000/yr12 months · AED 92 per sqft
15 Mar 2022RentedNew contract
AED 240,000/yr12 months · AED 92 per sqft
15 Mar 2021RentedRenewal
AED 240,000/yr12 months · AED 93 per sqft
15 Mar 2020RentedRenewal
AED 240,000/yr12 months · AED 93 per sqft
15 Mar 2019RentedNew contract
AED 240,000/yr12 months · AED 93 per sqft
7 Apr 2016RentedRenewal
AED 285,000/yr12 months · AED 110 per sqft
7 Apr 2015RentedNew contract
AED 285,000/yr12 months · AED 110 per sqft
7 Apr 2014RentedNew contract
AED 285,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
3-bed apartment
Size
2,599 sqft
Floor
4th of 28
Parking
L1-964, L1-965
Developer
Emaar
Completed
2007
Service charge
AED 59,800 /yr
Last sold
AED 2.54M · June 2010

About 401, The Residences 4 (E1)

401 is a three-bedroom apartment of 2,599 sqft on the 4th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 20 June 2010 for AED 2,536,800, or AED 976 per sqft, 4% below the AED 1,019 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 240,000 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 59,800 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2010: AED 2,536,800 (AED 976 per sqft)

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

Rents
Unit 401, 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, April 2013: AED 285,000 a yearNew contract, April 2014: AED 285,000 a yearNew contract, April 2015: AED 285,000 a yearRenewal, April 2016: AED 285,000 a yearNew contract, March 2019: AED 240,000 a yearRenewal, March 2020: AED 240,000 a yearRenewal, March 2021: AED 240,000 a yearNew contract, March 2022: AED 240,000 a yearRenewal, March 2023: AED 240,000 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 401 sits

All 49 3-beds →

401 last sold in June 2010 at AED 976 per sqft, 4% below what three-beds in The Residences 4 (E1) were fetching at the time (AED 1,019). 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. 401's AED 240,000 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 4th floor

All 54 units in The Residences 4 (E1)
Value
4023-bedAED 8.5M · May 2014

401, The Residences 4 (E1) in numbers

  • Sold once: by Emaar on 20 June 2010 for AED 2,536,800, or AED 976 per sqft.
  • Rented since April 2013 on 9 Ejari contracts, from AED 285,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2010 price is 9.5%, 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 15 March 2023.

Questions about 401, The Residences 4 (E1)

What did unit 401 last sell for?

AED 2,536,800 on 20 June 2010, sold by the developer: AED 976 per sqft for 2,599 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 240,000 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 240,000; the unit has been rented since April 2013.

How big is unit 401?

2,599 sqft (241.5 sqm): a three-bedroom apartment on the 4th floor of a 28-storey tower completed in 2007.

What is unit 401 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 401, The Residences 4 (E1)

Starts from the last sale price (AED 2.54M, 20 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,536,800
Deposit, UAE resident (20%)
AED 507,360
Deposit, non-resident (40%)
AED 1,014,720
Monthly over 25 years at 3.7%
AED 10,379

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