2-bed · 1,312 sqftThe Residences 6 (E3), Downtown Dubai · 12th floor · completed 2007

1204, The Residences 6 (E3)

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 1.3M10 August 2008
Current rentAED 117K /yr20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, The Residences 6 (E3)

What is 1204 worth today?

Last sold for AED 1,299,800 in 2008

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20 Jun 2021RentedNew contract
AED 117,000/yr12 months · AED 89 per sqft
24 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
20 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 118 per sqft
20 Aug 2017RentedRenewal
AED 167,500/yr12 months · AED 128 per sqft
20 Aug 2016RentedNew contract
AED 172,500/yr12 months · AED 131 per sqft
7 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 137 per sqft
7 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 137 per sqft
25 Jun 2013RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
12th of 21
Parking
L1-891
Developer
Emaar
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 1.3M · August 2008

About 1204, The Residences 6 (E3)

1204 is a two-bedroom apartment of 1,312 sqft on the 12th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 10 August 2008 for AED 1,299,800, or AED 990 per sqft, in line with the AED 1,019 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 June 2021, is AED 117,000 a year: a gross yield of 9.0% on the 2008 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, August 2008: AED 1,299,800 (AED 990 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, 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, June 2013: AED 125,000 a yearNew contract, August 2014: AED 180,000 a yearNew contract, August 2015: AED 180,000 a yearNew contract, August 2016: AED 172,500 a yearRenewal, August 2017: AED 167,500 a yearRenewal, August 2018: AED 155,000 a yearNew contract, August 2019: AED 120,000 a yearNew contract, June 2021: AED 117,000 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 1204 sits

All 57 2-beds →

1204 last sold in August 2008 at AED 990 per sqft, in line with what two-beds in The Residences 6 (E3) were fetching at the time (AED 1,019). 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. 1204's AED 117,000 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 12th floor

All 79 units in The Residences 6 (E3)
Value
12012-bedAED 1.33M · Dec 2008
12023-bedAED 9M · Apr 2014
12032-bedAED 1.68M · Mar 2010

1204, The Residences 6 (E3) in numbers

  • Sold once: by Emaar on 10 August 2008 for AED 1,299,800, or AED 990 per sqft.
  • Rented since June 2013 on 8 Ejari contracts, from AED 125,000 to AED 117,000 a year.
  • At AED 117,000 a year the gross yield on the 2008 price is 9.0%, before a service charge of about AED 30,200 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 20 June 2021.

Questions about 1204, The Residences 6 (E3)

What did unit 1204 last sell for?

AED 1,299,800 on 10 August 2008, sold by the developer: AED 990 per sqft for 1,312 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 117,000 a year on the contract signed on 20 June 2021. The previous contract, from August 2019, was AED 120,000; the unit has been rented since June 2013.

How big is unit 1204?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2007.

What is unit 1204 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 1204, The Residences 6 (E3)

Starts from the last sale price (AED 1.3M, 10 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,299,800
Deposit, UAE resident (20%)
AED 259,960
Deposit, non-resident (40%)
AED 519,920
Monthly over 25 years at 3.7%
AED 5,318

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