3-bed · 1,977 sqftThe Residences 6 (E3), Downtown Dubai · 7th floor · completed 2007

702, The Residences 6 (E3)

Sold prices and rental history: sold 3 times, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 13 May 2014
Last soldAED 8.2M13 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, The Residences 6 (E3)

What is 702 worth today?

Last sold for AED 8,200,000 in 2014

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13 May 2014SoldReady
AED 8,200,000AED 4,147 per sqft
12 Dec 2011SoldReady
AED 4,000,000AED 2,023 per sqft
12 Jun 2008Sold by developerReady
AED 2,371,800AED 1,199 per sqft

Source: Dubai Land Department. Updated 13 May 2014.

Key facts

Type
3-bed apartment
Size
1,977 sqft
Floor
7th of 21
Parking
L1-922,L1-923
Developer
Emaar
Completed
2007
Service charge
AED 45,500 /yr
Last sold
AED 8.2M · May 2014

About 702, The Residences 6 (E3)

702 is a three-bedroom apartment of 1,977 sqft on the 7th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 May 2014 for AED 8,200,000, or AED 4,147 per sqft, in line with the AED 4,198 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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, June 2008: AED 2,371,800 (AED 1,199 per sqft)Sold, December 2011: AED 4,000,000 (AED 2,023 per sqft)Sold, May 2014: AED 8,200,000 (AED 4,147 per sqft)

702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, 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 702 sits

All 20 3-beds →

702 last sold in May 2014 at AED 4,147 per sqft, in line with what three-beds in The Residences 6 (E3) were fetching at the time (AED 4,198).

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 7th floor

All 79 units in The Residences 6 (E3)
Value
7012-bedAED 1.43M · Aug 2008
7032-bedAED 2.06M · Dec 2010
7042-bedAED 1.38M · Oct 2008

702, The Residences 6 (E3) in numbers

  • Sold 3 times: first on 12 June 2008 for AED 2,371,800, last on 13 May 2014 for AED 8,200,000 (AED 4,147 per sqft).

Source: Dubai Land Department. Updated 13 May 2014.

Questions about 702, The Residences 6 (E3)

What did unit 702 last sell for?

AED 8,200,000 on 13 May 2014: AED 4,147 per sqft for 1,977 sqft. The unit has 3 registered sales; the first was AED 2,371,800 in June 2008.

How big is unit 702?

1,977 sqft (183.7 sqm): a three-bedroom apartment on the 7th floor of a 21-storey tower completed in 2007.

What is unit 702 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 702, The Residences 6 (E3)

Starts from the last sale price (AED 8.2M, 13 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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