1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 11th floor · completed 2007

1104, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 729K23 January 2012
Current rentAED 130K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, The Residences 1 (W3)

What is 1104 worth today?

Last sold for AED 728,800 in 2012

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20 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
12 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 120 per sqft
10 Jul 2023RentedNew contract
AED 109,412/yr12 months · AED 120 per sqft
1 Jun 2021RentedNew contract
AED 83,000/yr12 months · AED 91 per sqft
15 May 2020RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
4 Oct 2017RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
19 Sep 2016RentedRenewal
AED 115,000/yr12 months · AED 126 per sqft
23 Jan 2012Sold by developerReady
AED 728,800AED 796 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
11th of 38
Parking
P-77
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 729K · January 2012

About 1104, The Residences 1 (W3)

1104 is a one-bedroom apartment of 915 sqft on the 11th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 23 January 2012 for AED 728,800, or AED 796 per sqft, 11% below the AED 894 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 20 March 2025, is AED 130,000 a year: a gross yield of 17.8% on the 2012 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in The Residences 1 (W3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,000,000; 2009 AED 1,193,070; 2010 AED 715,344; 2011 AED 828,800; 2012 AED 1,325,000; 2013 AED 1,712,500; 2014 AED 2,175,000; 2015 AED 2,047,500; 2016 AED 1,937,500; 2020 AED 1,225,000; 2021 AED 1,400,000; 2022 AED 1,502,444; 2023 AED 1,887,500; 2024 AED 2,000,000Sold by developer, January 2012: AED 728,800 (AED 796 per sqft)

1104 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in The Residences 1 (W3)
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 118,500; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 117,500; 2018 AED 96,000; 2019 AED 87,500; 2020 AED 74,556; 2021 AED 76,000; 2022 AED 85,000; 2023 AED 104,706; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 122,500Renewal, September 2016: AED 115,000 a yearNew contract, October 2017: AED 115,000 a yearNew contract, May 2020: AED 80,000 a yearNew contract, June 2021: AED 83,000 a yearNew contract, July 2023: AED 109,412 a yearRenewal, July 2024: AED 110,000 a yearNew contract, March 2025: AED 130,000 a year

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 1104 sits

All 71 1-beds →

1104 last sold in January 2012 at AED 796 per sqft, 11% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 894). 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. 1104's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20262,300,000
28 Jul 20252,450,000
28 Feb 20252,360,000
13 Nov 20242,200,000
2 1-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 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%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 185 units in The Residences 1 (W3)
Value
11012-bedAED 1.14M · Sep 2010
11023-bedAED 9M · Jul 2014
11032-bedAED 1.53M · Sep 2010
11051-bedAED 1.52M · Nov 2022

1104, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 23 January 2012 for AED 728,800, or AED 796 per sqft.
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2020 and recovered to AED 130,000 by March 2025.
  • At AED 130,000 a year the gross yield on the 2012 price is 17.8%, before a service charge of about AED 19,700 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 20 March 2025.

Questions about 1104, The Residences 1 (W3)

What did unit 1104 last sell for?

AED 728,800 on 23 January 2012, sold by the developer: AED 796 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 130,000 a year on the contract signed on 20 March 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since September 2016.

How big is unit 1104?

915 sqft (85.0 sqm): a one-bedroom apartment on the 11th floor of a 38-storey tower completed in 2007.

What is unit 1104 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 1104, The Residences 1 (W3)

Starts from the last sale price (AED 729K, 23 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 728,800
Deposit, UAE resident (20%)
AED 145,760
Deposit, non-resident (40%)
AED 291,520
Monthly over 25 years at 3.7%
AED 2,982

Plus AED 35,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →