3-bed · 2,599 sqftThe Residences 4 (E1), Downtown Dubai · 8th floor · completed 2007

801, The Residences 4 (E1)

Sold prices and rental history: sold twice, last in September 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 11 September 2018
Last soldAED 7.8M11 September 2018
Current rentAED 270K /yr2 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, The Residences 4 (E1)

What is 801 worth today?

Last sold for AED 7,800,000 in 2018

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11 Sep 2018SoldReady
AED 7,800,000AED 3,001 per sqft
2 Aug 2016RentedRenewal
AED 270,000/yr12 months · AED 104 per sqft
2 Aug 2015RentedNew contract
AED 270,000/yr12 months · AED 104 per sqft
19 Apr 2013RentedNew contract
AED 241,500/yr12 months · AED 93 per sqft
3 Nov 2008Sold by developerReady
AED 3,000,000AED 1,154 per sqft

Source: Dubai Land Department. Updated 11 September 2018.

Key facts

Type
3-bed apartment
Size
2,599 sqft
Floor
8th of 28
Parking
L1-942, L1-943
Developer
Emaar
Completed
2007
Service charge
AED 59,800 /yr
Last sold
AED 7.8M · September 2018

About 801, The Residences 4 (E1)

801 is a three-bedroom apartment of 2,599 sqft on the 8th floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 11 September 2018 for AED 7,800,000, or AED 3,001 per sqft, 5% above the AED 2,858 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 2 August 2016, is AED 270,000 a year: a gross yield of 3.5% on the 2018 price, before the service charge of about AED 59,800 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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, November 2008: AED 3,000,000 (AED 1,154 per sqft)Sold, September 2018: AED 7,800,000 (AED 3,001 per sqft)

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

Rents
Unit 801, 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 241,500 a yearNew contract, August 2015: AED 270,000 a yearRenewal, August 2016: AED 270,000 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 801 sits

All 49 3-beds →

801 last sold in September 2018 at AED 3,001 per sqft, 5% above what three-beds in The Residences 4 (E1) were fetching at the time (AED 2,858). 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. 801's AED 270,000 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 8th floor

All 54 units in The Residences 4 (E1)
Value
8023-bedAED 5.75M · May 2024

801, The Residences 4 (E1) in numbers

  • Sold twice: first on 3 November 2008 for AED 3,000,000, last on 11 September 2018 for AED 7,800,000 (AED 3,001 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, from AED 241,500 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2018 price is 3.5%, 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 11 September 2018.

Questions about 801, The Residences 4 (E1)

What did unit 801 last sell for?

AED 7,800,000 on 11 September 2018: AED 3,001 per sqft for 2,599 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in November 2008.

What is the rent for unit 801?

AED 270,000 a year on the contract renewed on 2 August 2016. The previous contract, from August 2015, was AED 270,000; the unit has been rented since April 2013.

How big is unit 801?

2,599 sqft (241.5 sqm): a three-bedroom apartment on the 8th floor of a 28-storey tower completed in 2007.

What is unit 801 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 801, The Residences 4 (E1)

Starts from the last sale price (AED 7.8M, 11 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 7,800,000
Deposit, UAE resident (20%)
AED 1,560,000
Deposit, non-resident (40%)
AED 3,120,000
Monthly over 25 years at 3.7%
AED 31,912

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