3-bed · 1,977 sqftThe Residences 6 (E3), Downtown Dubai · 16th floor · completed 2007

1602, The Residences 6 (E3)

Sold prices and rental history: sold twice, last in February 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 9 February 2012
Last soldAED 2.09M9 February 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, The Residences 6 (E3)

What is 1602 worth today?

Last sold for AED 2,085,000 in 2012

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9 Feb 2012SoldReady
AED 2,085,000AED 1,054 per sqft
26 Jan 2012Sold by developerReady
AED 3,548,455AED 1,794 per sqft

Source: Dubai Land Department. Updated 9 February 2012.

Key facts

Type
3-bed apartment
Size
1,977 sqft
Floor
16th of 21
Parking
L1-852,L1-853
Developer
Emaar
Completed
2007
Service charge
AED 45,500 /yr
Last sold
AED 2.09M · February 2012

About 1602, The Residences 6 (E3)

1602 is a three-bedroom apartment of 1,977 sqft on the 16th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 9 February 2012 for AED 2,085,000, or AED 1,054 per sqft, 29% below the AED 1,491 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in The Residences 6 (E3)
5M2008201220162020Typical sale price by year: 2008 AED 2,371,800; 2010 AED 3,625,000; 2011 AED 2,949,408; 2012 AED 4,024,228; 2014 AED 8,200,000; 2017 AED 6,100,000; 2022 AED 6,200,000Sold by developer, January 2012: AED 3,548,455 (AED 1,794 per sqft)Sold, February 2012: AED 2,085,000 (AED 1,054 per sqft)

1602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, each contractTypical three-bed in The Residences 6 (E3)
200K300K2013201720212025Typical rent by year: 2013 AED 232,750; 2014 AED 290,000; 2015 AED 320,000; 2016 AED 290,000; 2017 AED 295,000; 2018 AED 290,000; 2019 AED 220,000; 2020 AED 186,000; 2021 AED 185,000; 2022 AED 215,000; 2023 AED 290,000; 2024 AED 300,000; 2025 AED 345,155; 2026 AED 295,000

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 6 (E3), and where 1602 sits

All 20 3-beds →

1602 last sold in February 2012 at AED 1,054 per sqft, 29% below what three-beds in The Residences 6 (E3) were fetching at the time (AED 1,491).

Recent 3-bed salesUnit no.Price (AED)Summary
3 Oct 20245,000,000
18 Jul 202410,150,000
10 Oct 20227,100,000
30 May 20223,062,428
0 3-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 16th floor

All 79 units in The Residences 6 (E3)
Value
16012-bedAED 3.4M · Sep 2013
16032-bedAED 3.2M · Feb 2012
16042-bedNo registered sale

1602, The Residences 6 (E3) in numbers

  • Sold twice: first on 26 January 2012 for AED 3,548,455, last on 9 February 2012 for AED 2,085,000 (AED 1,054 per sqft).

Source: Dubai Land Department. Updated 9 February 2012.

Questions about 1602, The Residences 6 (E3)

What did unit 1602 last sell for?

AED 2,085,000 on 9 February 2012: AED 1,054 per sqft for 1,977 sqft. The unit has 2 registered sales; the first was AED 3,548,455 in January 2012.

How big is unit 1602?

1,977 sqft (183.7 sqm): a three-bedroom apartment on the 16th floor of a 21-storey tower completed in 2007.

What is unit 1602 worth today?

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

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Mortgage on 1602, The Residences 6 (E3)

Starts from the last sale price (AED 2.09M, 9 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,085,000
Deposit, UAE resident (20%)
AED 417,000
Deposit, non-resident (40%)
AED 834,000
Monthly over 25 years at 3.7%
AED 8,530

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