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3-bed · 2,379 sqftThe Residences 4 (E1), Downtown Dubai · 7th floor · completed 2007

702, The Residences 4 (E1)

Sold prices and rental history: sold twice, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 24 December 2013
Last soldAED 8M24 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, The Residences 4 (E1)

What is 702 worth today?

Last sold for AED 8,000,000 in 2013

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24 Dec 2013SoldReady
AED 8,000,000AED 3,362 per sqft
20 Jun 2010Sold by developerReady
AED 2,284,800AED 960 per sqft

Source: Dubai Land Department. Updated 24 December 2013.

Key facts

Type
3-bed apartment
Size
2,379 sqft
Floor
7th of 28
Parking
L1-904, L1-905
Developer
Emaar
Completed
2007
Service charge
AED 54,700 /yr
Last sold
AED 8M · December 2013
Building
The Residences 4 (E1)

About 702, The Residences 4 (E1)

702 is a three-bedroom apartment of 2,379 sqft on the 7th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 24 December 2013 for AED 8,000,000, or AED 3,362 per sqft, in line with the AED 3,362 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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 2,284,800 (AED 960 per sqft)Sold, December 2013: AED 8,000,000 (AED 3,362 per sqft)

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

Rents
Unit 702, 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 310,000

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 702 sits

All 49 3-beds →

702 last sold in December 2013 at AED 3,362 per sqft, in line with what three-beds in The Residences 4 (E1) were fetching at the time (AED 3,362). 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.

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 7th floor

All 54 units in The Residences 4 (E1)
Value
7013-bedAED 5.14M · Sep 2020

702, The Residences 4 (E1) in numbers

  • Sold twice: first on 20 June 2010 for AED 2,284,800, last on 24 December 2013 for AED 8,000,000 (AED 3,362 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 24 December 2013.

Questions about 702, The Residences 4 (E1)

What did unit 702 last sell for?

AED 8,000,000 on 24 December 2013: AED 3,362 per sqft for 2,379 sqft. The unit has 2 registered sales; the first was AED 2,284,800 in June 2010.

How big is unit 702?

2,379 sqft (221.0 sqm): a three-bedroom apartment on the 7th floor of a 28-storey tower completed in 2007.

What is unit 702 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 702, The Residences 4 (E1)

Starts from the last sale price (AED 8M, 24 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

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