2-bed · 1,312 sqftThe Residences 6 (E3), Downtown Dubai · 13th floor · completed 2007

1304, The Residences 6 (E3)

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 2.7M15 June 2023
Current rentAED 132K /yr25 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, The Residences 6 (E3)

What is 1304 worth today?

Last sold for AED 2,700,000 in 2023

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15 Jun 2023SoldReady
AED 2,700,000AED 2,057 per sqft
25 Oct 2019RentedRenewal
AED 132,000/yr7 months · AED 101 per sqft
25 Oct 2018RentedNew contract
AED 132,000/yr12 months · AED 101 per sqft
19 Aug 2016RentedNew contract
AED 170,000/yr24 months · AED 129 per sqft
1 Feb 2015RentedNew contract
AED 177,000/yr12 months · AED 135 per sqft
1 Oct 2013RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
9 May 2010Sold by developerReady
AED 3,414,635AED 2,602 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
13th of 21
Parking
L1-890
Developer
Emaar
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 2.7M · June 2023

About 1304, The Residences 6 (E3)

1304 is a two-bedroom apartment of 1,312 sqft on the 13th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 15 June 2023 for AED 2,700,000, or AED 2,057 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 October 2019, is AED 132,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical two-bed in The Residences 6 (E3)
2M3M2008201320182023Typical 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 3,414,635 (AED 2,602 per sqft)Sold, June 2023: AED 2,700,000 (AED 2,057 per sqft)

1304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, 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, October 2013: AED 130,000 a yearNew contract, February 2015: AED 177,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, October 2018: AED 132,000 a yearRenewal, October 2019: AED 132,000 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 1304 sits

All 57 2-beds →

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. 1304's AED 132,000 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 13th floor

All 79 units in The Residences 6 (E3)
Value
13012-bedAED 2.15M · Dec 2011
13023-bedAED 6.7M · Jun 2018
13032-bedAED 2.33M · Nov 2017

1304, The Residences 6 (E3) in numbers

  • Sold twice: first on 9 May 2010 for AED 3,414,635, last on 15 June 2023 for AED 2,700,000 (AED 2,057 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 130,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2023 price is 4.9%, 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 15 June 2023.

Questions about 1304, The Residences 6 (E3)

What did unit 1304 last sell for?

AED 2,700,000 on 15 June 2023: AED 2,057 per sqft for 1,312 sqft. The unit has 2 registered sales; the first was AED 3,414,635 in May 2010.

What is the rent for unit 1304?

AED 132,000 a year on the contract renewed on 25 October 2019. The previous contract, from October 2018, was AED 132,000; the unit has been rented since October 2013.

How big is unit 1304?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 13th floor of a 21-storey tower completed in 2007.

What is unit 1304 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 1304, The Residences 6 (E3)

Starts from the last sale price (AED 2.7M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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