2-bed · 1,483 sqftThe Residences 6 (E3), Downtown Dubai · 7th floor · completed 2007

703, The Residences 6 (E3)

Sold prices and rental history: sold once, by the developer in December 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 December 2010
Last soldAED 2.06M7 December 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Residences 6 (E3)

What is 703 worth today?

Last sold for AED 2,057,888 in 2010

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7 Dec 2010Sold by developerReady
AED 2,057,888AED 1,387 per sqft

Source: Dubai Land Department. Updated 7 December 2010.

Key facts

Type
2-bed apartment
Size
1,483 sqft
Floor
7th of 21
Parking
P-6
Developer
Emaar
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 2.06M · December 2010

About 703, The Residences 6 (E3)

703 is a two-bedroom apartment of 1,483 sqft on the 7th floor of The Residences 6 (E3), a 21-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 7 December 2010 for AED 2,057,888, or AED 1,387 per sqft, 19% above the AED 1,161 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2010: AED 2,057,888 (AED 1,387 per sqft)

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

Rents
Unit 703, 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 703 sits

All 57 2-beds →

703 last sold in December 2010 at AED 1,387 per sqft, 19% above what two-beds in The Residences 6 (E3) were fetching at the time (AED 1,161). 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 7th floor

All 79 units in The Residences 6 (E3)
Value
7012-bedAED 1.43M · Aug 2008
7023-bedAED 8.2M · May 2014
7042-bedAED 1.38M · Oct 2008

703, The Residences 6 (E3) in numbers

  • Sold once: by Emaar on 7 December 2010 for AED 2,057,888, or AED 1,387 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 7 December 2010.

Questions about 703, The Residences 6 (E3)

What did unit 703 last sell for?

AED 2,057,888 on 7 December 2010, sold by the developer: AED 1,387 per sqft for 1,483 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,483 sqft (137.8 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2007.

What is unit 703 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 703, The Residences 6 (E3)

Starts from the last sale price (AED 2.06M, 7 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,057,888
Deposit, UAE resident (20%)
AED 411,578
Deposit, non-resident (40%)
AED 823,155
Monthly over 25 years at 3.7%
AED 8,419

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