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2-bed · 1,483 sqftThe Residences 6 (E3), Downtown Dubai · 6th floor · completed 2007

603, The Residences 6 (E3)

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 13 March 2019
Last soldAED 2.9M13 March 2019
Current rentAED 190K /yr14 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, The Residences 6 (E3)

What is 603 worth today?

Last sold for AED 2,900,000 in 2019

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13 Mar 2019SoldReady
AED 2,900,000AED 1,955 per sqft
14 Dec 2017RentedNew contract
AED 190,000/yr12 months · AED 128 per sqft
13 Dec 2015RentedNew contract
AED 190,000/yr12 months · AED 128 per sqft
14 May 2015RentedNew contract
AED 171,875/yr11 months · AED 116 per sqft
14 May 2014RentedNew contract
AED 181,500/yr12 months · AED 122 per sqft
14 May 2013RentedNew contract
AED 165,000/yr12 months · AED 111 per sqft
5 Sep 2010Sold by developerReady
AED 1,766,800AED 1,191 per sqft

Source: Dubai Land Department. Updated 13 March 2019.

Key facts

Type
2-bed apartment
Size
1,483 sqft
Floor
6th of 21
Parking
P-3
Developer
Emaar
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 2.9M · March 2019
Building
The Residences 6 (E3)

About 603, The Residences 6 (E3)

603 is a two-bedroom apartment of 1,483 sqft on the 6th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 March 2019 for AED 2,900,000, or AED 1,955 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 14 December 2017, is AED 190,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 34,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, September 2010: AED 1,766,800 (AED 1,191 per sqft)Sold, March 2019: AED 2,900,000 (AED 1,955 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in The Residences 6 (E3)
150K200K2012201620202024Typical 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, May 2013: AED 165,000 a yearNew contract, May 2014: AED 181,500 a yearNew contract, May 2015: AED 171,875 a yearNew contract, December 2015: AED 190,000 a yearNew contract, December 2017: AED 190,000 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 603 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. 603's AED 190,000 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 6th floor

All 79 units in The Residences 6 (E3)
Value
6012-bedAED 3.4M · Mar 2014
6023-bedAED 8.4M · Dec 2013
6042-bedAED 1.05M · Nov 2009

603, The Residences 6 (E3) in numbers

  • Sold twice: first on 5 September 2010 for AED 1,766,800, last on 13 March 2019 for AED 2,900,000 (AED 1,955 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 165,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 34,100 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 13 March 2019.

Questions about 603, The Residences 6 (E3)

What did unit 603 last sell for?

AED 2,900,000 on 13 March 2019: AED 1,955 per sqft for 1,483 sqft. The unit has 2 registered sales; the first was AED 1,766,800 in September 2010.

What is the rent for unit 603?

AED 190,000 a year on the contract signed on 14 December 2017. The previous contract, from December 2015, was AED 190,000; the unit has been rented since May 2013.

How big is unit 603?

1,483 sqft (137.8 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2007.

What is unit 603 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 603, The Residences 6 (E3)

Starts from the last sale price (AED 2.9M, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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