2-bed · 1,403 sqftThe Residences 6 (E3), Downtown Dubai · 10th floor · completed 2007

1001, The Residences 6 (E3)

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

Unit 1001 · DLD and Ejari recordsUpdated 5 January 2013
Last soldAED 1.32M12 May 2010
Current rentAED 130K /yr5 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, The Residences 6 (E3)

What is 1001 worth today?

Last sold for AED 1,317,800 in 2010

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5 Jan 2013RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
12 May 2010Sold by developerReady
AED 1,317,800AED 939 per sqft

Source: Dubai Land Department. Updated 5 January 2013.

Key facts

Type
2-bed apartment
Size
1,403 sqft
Floor
10th of 21
Parking
P-270
Developer
Emaar
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 1.32M · May 2010

About 1001, The Residences 6 (E3)

1001 is a two-bedroom apartment of 1,403 sqft on the 10th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 12 May 2010 for AED 1,317,800, or AED 939 per sqft, 27% below the AED 1,289 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 January 2013. The current contract, signed on 5 January 2013, is AED 130,000 a year: a gross yield of 9.9% on the 2010 price, before the service charge of about AED 32,300 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in The Residences 6 (E3)
2M2008201320182023Typical sale price by year: 2008 AED 1,757,420; 2009 AED 1,805,800; 2010 AED 1,739,183; 2011 AED 2,018,900; 2012 AED 2,550,000; 2013 AED 2,800,000; 2014 AED 3,400,000; 2015 AED 3,570,000; 2016 AED 3,320,000; 2017 AED 2,850,000; 2021 AED 2,800,000; 2024 AED 3,550,000; 2025 AED 3,537,500Sold by developer, May 2010: AED 1,317,800 (AED 939 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in The Residences 6 (E3)
150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 146,000; 2014 AED 171,000; 2015 AED 177,000; 2016 AED 174,000; 2017 AED 170,000; 2018 AED 153,000; 2019 AED 137,750; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 150,000; 2023 AED 160,000; 2024 AED 165,000; 2025 AED 184,000; 2026 AED 182,500New contract, January 2013: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 6 (E3), and where 1001 sits

All 57 2-beds →

1001 last sold in May 2010 at AED 939 per sqft, 27% below what two-beds in The Residences 6 (E3) were fetching at the time (AED 1,289). Over the last 12 months two-beds sold for AED 3,500,000 to 4,650,000, around AED 2,616 per sqft, and rent for AED 85,000 to 300,000 a year. 1001's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20264,650,000
12 Jan 20263,500,000
19 Nov 20253,600,000
10 Nov 20253,500,000
4 2-bed sales in the last 12 months

The Residences 6 (E3)

Building

79 apartments, 1-bed to 5-bed over 21 floors in Downtown Dubai, completed in 2007 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,616
Typical sale
AED 3.55M
Typical rent
AED 190K /yr
Typical yield
4.9%
The Residences 6 (E3), Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 79 units in The Residences 6 (E3)
Value
10023-bedAED 4.5M · Feb 2012
10032-bedAED 5.9M · Jul 2025
10042-bedAED 3.55M · Oct 2015

1001, The Residences 6 (E3) in numbers

  • Sold once: by Emaar on 12 May 2010 for AED 1,317,800, or AED 939 per sqft.
  • Rented since January 2013 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 9.9%, before a service charge of about AED 32,300 a year (AED 23.00 per sqft).
  • Two-beds in The Residences 6 (E3) sold for AED 3,500,000–4,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,616 per sqft.

Source: Dubai Land Department. Updated 5 January 2013.

Questions about 1001, The Residences 6 (E3)

What did unit 1001 last sell for?

AED 1,317,800 on 12 May 2010, sold by the developer: AED 939 per sqft for 1,403 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 130,000 a year on the contract signed on 5 January 2013.

How big is unit 1001?

1,403 sqft (130.3 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 6 (E3) sold for AED 3,500,000 to 4,650,000 in the last 12 months, around AED 2,616 per sqft.

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Mortgage on 1001, The Residences 6 (E3)

Starts from the last sale price (AED 1.32M, 12 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,317,800
Deposit, UAE resident (20%)
AED 263,560
Deposit, non-resident (40%)
AED 527,120
Monthly over 25 years at 3.7%
AED 5,392

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