2-bed · 1,403 sqftThe Residences 6 (E3), Downtown Dubai · 5th floor · completed 2007

501, The Residences 6 (E3)

Sold prices and rental history: sold 5 times, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 10 March 2014
Last soldAED 3.4M10 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, The Residences 6 (E3)

What is 501 worth today?

Last sold for AED 3,400,000 in 2014

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10 Mar 2014SoldReady
AED 3,400,000AED 2,423 per sqft
30 Jul 2013SoldReady
AED 3,000,000AED 2,138 per sqft
15 Jan 2013SoldReady
AED 1,225,000AED 873 per sqft
16 Jul 2012SoldReady
AED 2,040,000AED 1,454 per sqft
12 Jan 2009Sold by developerReady
AED 2,050,000AED 1,461 per sqft

Source: Dubai Land Department. Updated 10 March 2014.

Key facts

Type
2-bed apartment
Size
1,403 sqft
Floor
5th of 21
Parking
P-148
Developer
Emaar
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 3.4M · March 2014

About 501, The Residences 6 (E3)

501 is a two-bedroom apartment of 1,403 sqft on the 5th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 10 March 2014 for AED 3,400,000, or AED 2,423 per sqft, in line with the AED 2,423 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, January 2009: AED 2,050,000 (AED 1,461 per sqft)Sold, July 2012: AED 2,040,000 (AED 1,454 per sqft)Sold, January 2013: AED 1,225,000 (AED 873 per sqft)Sold, July 2013: AED 3,000,000 (AED 2,138 per sqft)Sold, March 2014: AED 3,400,000 (AED 2,423 per sqft)

501 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, 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 182,500

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 501 sits

All 57 2-beds →

501 last sold in March 2014 at AED 2,423 per sqft, in line with what two-beds in The Residences 6 (E3) were fetching at the time (AED 2,423). 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.

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 5th floor

All 79 units in The Residences 6 (E3)
Value
5023-bedAED 2.95M · May 2011
5032-bedAED 1.75M · Feb 2013
5042-bedAED 3.58M · Mar 2025

501, The Residences 6 (E3) in numbers

  • Sold 5 times: first on 12 January 2009 for AED 2,050,000, last on 10 March 2014 for AED 3,400,000 (AED 2,423 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 10 March 2014.

Questions about 501, The Residences 6 (E3)

What did unit 501 last sell for?

AED 3,400,000 on 10 March 2014: AED 2,423 per sqft for 1,403 sqft. The unit has 5 registered sales; the first was AED 2,050,000 in January 2009.

How big is unit 501?

1,403 sqft (130.3 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2007.

What is unit 501 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 501, The Residences 6 (E3)

Starts from the last sale price (AED 3.4M, 10 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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