The Residences 1 (W3)
One-beds to three-beds in Downtown Dubai. 7 apartments sold in the last 12 months; every sale, rent and unit is below.
About The Residences 1 (W3)
The Residences 1 (W3) is a high-rise apartment tower within The Residences complex in Downtown Dubai, a short walk from the Burj Khalifa, The Dubai Fountain and Dubai Mall. Set along Mohammed Bin Rashid Boulevard, it offers city and fountain views and immediate access to the district’s dining, retail and leisure attractions. Homes in this building are predominantly one- to three-bedroom apartments with contemporary layouts and large windows to maximise views. As part of a mature, centrally located development by a leading master developer, build quality and finishes are generally solid, and many units feature balconies and separate storage or utility spaces depending on the layout. Listings in the tower regularly reference direct or partial views of the fountains and skyline, reflecting the building’s position within the Downtown core. Residents have access to a comprehensive suite of on-site facilities typical of The Residences complex, including swimming pools, a well-equipped gym, squash and badminton courts, steam rooms and changing facilities, indoor and outdoor children’s play areas, a multi-function room, a mini theatre, a library, a business centre, and 24/7 security and maintenance. Ground-level and nearby retail, cafés and services add day-to-day convenience. Connectivity is a key advantage. The building sits within walking distance of Dubai Mall and the Dubai Fountain promenade, with frequent bus services along the Boulevard and easy access to Burj Khalifa/Dubai Mall and Business Bay Metro stations. Major road links from the area connect to Sheikh Zayed Road and other city arteries, while local schools and nurseries in surrounding neighbourhoods such as Business Bay and Al Wasl are within driving distance. Peak-hour traffic can be heavy given the concentration of landmarks, but the location places residents at the centre of Downtown’s amenities and events.
185 apartments over 38 floors: 71 one-beds of 523 to 1,686 sqft, 67 two-beds of 1,452 to 2,117 sqft and 39 three-beds of 32 to 3,546 sqft. The service charge is AED 21.55 per sqft a year.
7 apartments sold in the 12 months to April 2026, at a median of AED 2,724 per sqft. 24 rental contracts were registered over the same 12 months, at a typical AED 163,000 a year.
YallaValue estimates what the apartments in The Residences 1 (W3) are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.
- Developer
- Emaar
- Completed
- 2007
- Floors
- 38
- Units
- 185
- Unit types
- 1-bed to 3-bed
Average prices in The Residences 1 (W3)
In The Residences 1 (W3), typical sale prices over the last 12 months were around AED 2,580,000 for one-beds, AED 3,850,000 for two-beds and AED 13,550,000 for three-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in The Residences 1 (W3)
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in The Residences 1 (W3)
- Completed1,046 sqft 10 Feb 2026AED 2,850,0002,725 /sqft
- Completed2-bed · 1,629 sqft 09 Feb 2026AED 5,200,0003,192 /sqft
- Completed2-bed · 1,452 sqft 04 Feb 2026AED 3,850,0002,651 /sqft
- Completed2-bed · 1,452 sqft 30 Jan 2026AED 3,800,0002,617 /sqft
- Completed3-bed · 2,081 sqft 28 Jan 2026AED 7,100,0003,410 /sqft
- Completed3-bed · 32 sqft 14 Jan 2026AED 20,000,000619,387 /sqft
- Completed1-bed · 915 sqft 12 Jan 2026AED 2,300,0002,514 /sqft
- Completed1,046 sqft 07 Nov 2025AED 2,300,0002,199 /sqft
- Completed2,081 sqft 15 Sep 2025AED 7,300,0003,506 /sqft
- Completed7,059 sqft 15 Sep 2025AED 20,750,0002,939 /sqft
Over the last 12 months, The Residences 1 (W3) has recorded 7 apartment sales. Typical homes sold for around AED 3.85M (about AED 2,724 per sqft) with a median size of 1,452 sqft, from roughly AED 2.3M to AED 20M.
Units in The Residences 1 (W3)
185 units- Unit 1011-bed · 1,121 sqftSold AED 2.2M, May 2024
- Unit 1023-bed · 2,082 sqftSold AED 5.5M, Jun 2024
- Unit 1031-bed · 1,348 sqftSold AED 3.4M, Feb 2013
- Unit 2012-bed · 2,117 sqftSold AED 1.27M, Jan 2011
- Unit 2023-bed · 2,082 sqftSold AED 2.56M, Apr 2011
- Unit 2031-bed · 1,318 sqftSold AED 2.2M, Jul 2012
- Unit 2041-bed · 1,686 sqftSold AED 977K, Jun 2009
- Unit 2051-bed · 1,512 sqftSold AED 838K, Nov 2008
- Unit 3012-bed · 1,452 sqftSold AED 1.09M, Jul 2010
- Unit 3023-bed · 2,082 sqftSold AED 4.65M, Dec 2014
Every unit in The Residences 1 (W3), by number
- 101
- 102
- 103
- 201
- 202
- 203
- 204
- 205
- 301
- 302
- 303
- 304
- 305
- 401
- 402
- 403
- 404
- 405
- 501
- 502
- 503
- 504
- 505
- 601
- 602
- 603
- 604
- 605
- 701
- 702
- 703
- 704
- 705
- 801
- 802
- 803
- 804
- 805
- 901
- 902
- 903
- 904
- 905
- 1001
- 1002
- 1003
- 1004
- 1005
- 1101
- 1102
- 1103
- 1104
- 1105
- 1201
- 1202
- 1203
- 1204
- 1205
- 1301
- 1302
- 1303
- 1304
- 1305
- 1401
- 1402
- 1403
- 1404
- 1405
- 1501
- 1502
- 1503
- 1504
- 1505
- 1601
- 1602
- 1603
- 1604
- 1605
- 1701
- 1702
- 1703
- 1704
- 1705
- 1801
- 1802
- 1803
- 1804
- 1805
- 1901
- 1902
- 1903
- 1904
- 1905
- 2001
- 2002
- 2003
- 2004
- 2005
- 2101
- 2102
- 2103
- 2104
- 2105
- 2201
- 2202
- 2203
- 2204
- 2205
- 2301
- 2302
- 2303
- 2304
- 2305
- 2401
- 2402
- 2403
- 2404
- 2405
- 2501
- 2502
- 2503
- 2504
- 2505
- 2601
- 2602
- 2603
- 2604
- 2605
- 2701
- 2702
- 2703
- 2704
- 2705
- 2801
- 2802
- 2803
- 2804
- 2805
- 2901
- 2902
- 2903
- 2904
- 2905
- 3001
- 3002
- 3003
- 3004
- 3005
- 3101
- 3102
- 3103
- 3104
- 3105
- 3201
- 3202
- 3203
- 3204
- 3205
- 3301
- 3302
- 3303
- 3304
- 3305
- 3401
- 3402
- 3403
- 3404
- 3405
- 3501
- 3502
- 3503
- 3504
- 3505
- 3601
- 3602
- 3603
- 3604
- 3605
- 3701
- 3702
- 3801
- 3802
- G01
- G02
- G03
By type: one-beds (71), two-beds (67), three-beds (39).
Nearby buildings in Downtown Dubai
All 102 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Grande Signature Residences | 2022 | AED 3,664 | AED 156 | 4.2% |
| The Residences 4 (E1) | 2007 | AED 3,215 | AED 121 | 3.8% |
| The Residences 3 (W1) | 2007 | AED 2,713 | AED 130 | 4.8% |
| 29 Burj Boulevard Tower 1 | 2013 | AED 2,434 | AED 146 | 6.0% |
| 29 Burj Boulevard Podium | 2013 | AED 2,037 | AED 158 | 7.7% |
| Act Two | 2022 | AED 2,917 | AED 179 | 6.1% |
| Opera Grand | 2021 | AED 2,944 | AED 165 | 5.6% |
| The Residences 6 (E3) | 2007 | AED 2,616 | AED 142 | 5.4% |
| The Residences 5 (E2) | 2007 | AED 2,129 | AED 138 | 6.5% |
| Boulevard Central 2 | 2012 | AED 2,156 | AED 126 | 5.9% |
The Residences 1 (W3) in numbers
- Across 7 DLD sales in the 12 months to April 2026, the median price in The Residences 1 (W3) was AED 2,724 per sqft and the typical home sold for about AED 3.85M.
- Completed in 2007 by Emaar; 38 floors of one-beds to three-beds; service charge AED 21.55 per sqft a year.
- An one-bed of 523 to 1,686 sqft rents for AED 112,300 to 154,000 a year on the 12 contracts registered in the last 12 months.
- Gross rental yield 5.0%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2026.
Questions about The Residences 1 (W3)
How much does a two-bed in The Residences 1 (W3) cost?
3 two-beds sold in the 12 months to April 2026, for AED 3,800,000 to 5,200,000; the median was AED 3,850,000, or AED 2,651 per sqft. Across all 7 sales in The Residences 1 (W3), of every type, the median was AED 3,850,000, or AED 2,724 per sqft.
How much is an one-bed for rent in The Residences 1 (W3)?
About AED 125,000 a year: that is the median of the 12 contracts for one-beds registered with Ejari in the 12 months to April 2026, from AED 112,300 to 154,000. Across all 24 contracts in The Residences 1 (W3), of every type, the median was AED 163,469 a year.
What is my apartment in The Residences 1 (W3) worth?
YallaValue keeps an estimate for the apartments in The Residences 1 (W3), home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 3 two-beds sold for AED 3,800,000 to 5,200,000 in the 12 months to April 2026.
What is the rental yield in The Residences 1 (W3)?
About 5.0% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in The Residences 1 (W3)?
AED 21.55 per sqft a year, on the 2025 rate we hold on record. For a typical 1,452 sqft home that is about AED 31,300 a year.
Who built The Residences 1 (W3) and when?
Emaar; completed in 2007; 38 floors; 185 apartments.
How many apartments are there in The Residences 1 (W3)?
185, one-beds to three-beds. Each has its own page with its full sales and rental history.
Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.
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