1404, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, The Residences 1 (W3)
What is 1404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 14th of 38
- Parking
- P-210
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 744K · October 2012
- Building
- The Residences 1 (W3)
About 1404, The Residences 1 (W3)
1404 is a one-bedroom apartment of 915 sqft on the 14th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 3 October 2012 for AED 743,800, or AED 812 per sqft, 40% below the AED 1,346 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 91,476 a year: a gross yield of 12.3% on the 2012 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1404 over time
1404 has sold once; 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 1404 sits
All 71 1-beds →1404 last sold in October 2012 at AED 812 per sqft, 40% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,346). 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. 1404's AED 91,476 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 14th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,452 sqft | AED 3.2MAED 3,200,000 · Apr 2014April 2014 | 185,000 /yr | |
| 1402 | 3-bed | 2,082 sqft | AED 7.5MAED 7,500,000 · Jan 2017January 2017 | ||
| 1403 | 2-bed | 1,629 sqft | AED 5.2MAED 5,200,000 · Jan 2024January 2024 | 191,063 /yr | |
| 1405 | 1-bed | 1,046 sqft | AED 1.4MAED 1,400,000 · Aug 2021August 2021 | 120,000 /yr |
1404, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 3 October 2012 for AED 743,800, or AED 812 per sqft.
- Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 97,500 to AED 79,200 in 2022 and recovered to AED 91,476 by May 2025.
- At AED 91,476 a year the gross yield on the 2012 price is 12.3%, 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 2 May 2025.
Questions about 1404, The Residences 1 (W3)
What did unit 1404 last sell for?
AED 743,800 on 3 October 2012, sold by the developer: AED 812 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 91,476 a year on the contract renewed on 2 May 2025. The previous contract, from May 2024, was AED 83,160; the unit has been rented since August 2013.
How big is unit 1404?
915 sqft (85.0 sqm): a one-bedroom apartment on the 14th floor of a 38-storey tower completed in 2007.
What is unit 1404 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 1404, The Residences 1 (W3)
Starts from the last sale price (AED 744K, 3 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 743,800
- Deposit, UAE resident (20%)
- AED 148,760
- Deposit, non-resident (40%)
- AED 297,520
- Monthly over 25 years at 3.7%
- AED 3,043
Plus AED 36,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →