101, The Residences 1 (W3)
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, The Residences 1 (W3)
What is 101 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,121 sqft
- Floor
- 1st of 38
- Parking
- L1-692
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,200 /yr
- Last sold
- AED 2.2M · May 2024
- Building
- The Residences 1 (W3)
About 101, The Residences 1 (W3)
101 is a one-bedroom apartment of 1,121 sqft on the 1st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 May 2024 for AED 2,200,000, or AED 1,962 per sqft, 6% above the AED 1,857 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 85,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 24,200 a year.
Sales and rents for 101 over time
101 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 1 (W3), and where 101 sits
All 71 1-beds →101 last sold in May 2024 at AED 1,962 per sqft, 6% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,857). Over the last 12 months one-beds sold for AED 2,300,000 to 2,850,000, around AED 2,619 per sqft, and rent for AED 112,300 to 154,000 a year. 101's AED 85,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 915 sqft | 2,300,000 | 2,513 | ||
| 28 Jul 202528 July 2025 | 915 sqft | 2,450,000 | 2,677 | ||
| 28 Feb 202528 February 2025 | 915 sqft | 2,360,000 | 2,579 | ||
| 13 Nov 202413 November 2024 | 915 sqft | 2,200,000 | 2,404 |
The Residences 1 (W3)
Building185 apartments, 1-bed to 3-bed over 38 floors in Downtown Dubai, completed in 2007 by Emaar. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,724
- Typical sale
- AED 3.85M
- Typical rent
- AED 163K /yr
- Typical yield
- 5.0%
Other units on the 1st floor
All 185 units in The Residences 1 (W3)101, The Residences 1 (W3) in numbers
- Sold 4 times: first on 7 September 2010 for AED 598,800, last on 14 May 2024 for AED 2,200,000 (AED 1,962 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 24,200 a year (AED 21.55 per sqft).
- One-beds in The Residences 1 (W3) sold for AED 2,300,000–2,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,724 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 14 May 2024.
Questions about 101, The Residences 1 (W3)
What did unit 101 last sell for?
AED 2,200,000 on 14 May 2024: AED 1,962 per sqft for 1,121 sqft. The unit has 4 registered sales; the first was AED 598,800 in September 2010.
What is the rent for unit 101?
AED 85,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 85,000; the unit has been rented since November 2014.
How big is unit 101?
1,121 sqft (104.1 sqm): a one-bedroom apartment on the 1st floor of a 38-storey tower completed in 2007.
What is unit 101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 1 (W3) sold for AED 2,300,000 to 2,850,000 in the last 12 months, around AED 2,619 per sqft.
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Mortgage on 101, The Residences 1 (W3)
Starts from the last sale price (AED 2.2M, 14 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →