Studio · 893 sqftThe Residences 4 (E1), Downtown Dubai · 2nd floor · completed 2007

EP205, The Residences 4 (E1)

Sold prices and rental history: sold 3 times, last in September 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit EP205 · DLD and Ejari recordsUpdated 26 September 2016
Last soldAED 1.55M18 September 2013
Current rentAED 95K /yr26 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for EP205, The Residences 4 (E1)

What is EP205 worth today?

Last sold for AED 1,550,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Sep 2016RentedRenewal
AED 95,000/yr12 months · AED 106 per sqft
26 Aug 2015RentedRenewal
AED 87,692/yr13 months · AED 98 per sqft
26 Aug 2014RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
18 Sep 2013SoldReady
AED 1,550,000AED 1,735 per sqft
12 Aug 2013SoldReady
AED 1,058,888AED 1,185 per sqft
1 May 2013Sold by developerReady
AED 1,058,888AED 1,185 per sqft

Source: Dubai Land Department. Updated 26 September 2016.

Key facts

Type
Studio apartment
Size
893 sqft
Floor
2nd of 28
Parking
L1-970
Developer
Emaar
Completed
2007
Service charge
AED 20,500 /yr
Last sold
AED 1.55M · September 2013

About EP205, The Residences 4 (E1)

EP205 is a studio of 893 sqft on the 2nd floor of The Residences 4 (E1), a 28-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 September 2013 for AED 1,550,000, or AED 1,735 per sqft, 46% above the AED 1,185 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 26 September 2016, is AED 95,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 20,500 a year.

Studios in The Residences 4 (E1), and where EP205 sits

All 3 studios →

EP205 last sold in September 2013 at AED 1,735 per sqft, 46% above what studios in The Residences 4 (E1) were fetching at the time (AED 1,185).

Recent studio salesUnit no.Price (AED)Summary
16 May 20242,000,000
4 Sep 20231,425,000
26 Jun 20131,350,000
17 Jun 20131,053,888
0 studio 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 2nd floor

All 54 units in The Residences 4 (E1)
Value
2013-bedAED 4M · Nov 2021
EP203StudioAED 1.35M · Jun 2013
EP204StudioAED 2M · May 2024

EP205, The Residences 4 (E1) in numbers

  • Sold 3 times: first on 1 May 2013 for AED 1,058,888, last on 18 September 2013 for AED 1,550,000 (AED 1,735 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 20,500 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 26 September 2016.

Questions about EP205, The Residences 4 (E1)

What did unit EP205 last sell for?

AED 1,550,000 on 18 September 2013: AED 1,735 per sqft for 893 sqft. The unit has 3 registered sales; the first was AED 1,058,888 in May 2013.

What is the rent for unit EP205?

AED 95,000 a year on the contract renewed on 26 September 2016. The previous contract, from August 2015, was AED 87,692; the unit has been rented since August 2014.

How big is unit EP205?

893 sqft (83.0 sqm): a studio on the 2nd floor of a 28-storey tower completed in 2007.

What is unit EP205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling EP205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on EP205, The Residences 4 (E1)

Starts from the last sale price (AED 1.55M, 18 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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