602, The Residences 4 (E1)
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, The Residences 4 (E1)
What is 602 worth today?
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Source: Dubai Land Department. Updated 5 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,379 sqft
- Floor
- 6th of 28
- Parking
- L1-938, L1-939
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 54,700 /yr
- Last sold
- AED 7.3M · July 2023
- Building
- The Residences 4 (E1)
About 602, The Residences 4 (E1)
602 is a three-bedroom apartment of 2,379 sqft on the 6th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 5 July 2023 for AED 7,300,000, or AED 3,068 per sqft, 14% above the AED 2,686 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 184,785 a year: a gross yield of 2.5% on the 2023 price, before the service charge of about AED 54,700 a year.
Sales and rents for 602 over time
602 has sold 3 times; 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 602 sits
All 49 3-beds →602 last sold in July 2023 at AED 3,068 per sqft, 14% above what three-beds in The Residences 4 (E1) were fetching at the time (AED 2,686). 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. 602's AED 184,785 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 6th floor
All 54 units in The Residences 4 (E1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 2,599 sqft | AED 5MAED 5,000,000 · Jul 2010July 2010 |
602, The Residences 4 (E1) in numbers
- Sold 3 times: first on 15 October 2008 for AED 2,267,800, last on 5 July 2023 for AED 7,300,000 (AED 3,068 per sqft).
- Rented since January 2013 on 8 Ejari contracts, from AED 205,000 to AED 184,785 a year.
- At AED 184,785 a year the gross yield on the 2023 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 5 July 2023.
Questions about 602, The Residences 4 (E1)
What did unit 602 last sell for?
AED 7,300,000 on 5 July 2023: AED 3,068 per sqft for 2,379 sqft. The unit has 3 registered sales; the first was AED 2,267,800 in October 2008.
What is the rent for unit 602?
AED 184,785 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 185,000; the unit has been rented since January 2013.
How big is unit 602?
2,379 sqft (221.0 sqm): a three-bedroom apartment on the 6th floor of a 28-storey tower completed in 2007.
What is unit 602 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 602, The Residences 4 (E1)
Starts from the last sale price (AED 7.3M, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 7,300,000
- Deposit, UAE resident (20%)
- AED 1,460,000
- Deposit, non-resident (40%)
- AED 2,920,000
- Monthly over 25 years at 3.7%
- AED 29,867
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →