1705, The Residences 1 (W3)
Sold prices and rental history: sold 4 times, last in December 2023, 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 1705, The Residences 1 (W3)
What is 1705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 17th of 38
- Parking
- P-223
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.85M · December 2023
- Building
- The Residences 1 (W3)
About 1705, The Residences 1 (W3)
1705 is a one-bedroom apartment of 1,046 sqft on the 17th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 December 2023 for AED 1,850,000, or AED 1,768 per sqft, in line with the AED 1,743 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 9 December 2025, is AED 130,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 22,500 a year.
Sales and rents for 1705 over time
1705 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 1705 sits
All 71 1-beds →1705 last sold in December 2023 at AED 1,768 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,743). 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. 1705's AED 130,000 is in the lower half 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 17th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,452 sqft | AED 3.35MAED 3,350,000 · May 2024May 2024 | 190,000 /yr | |
| 1702 | 3-bed | 2,082 sqft | AED 2.05MAED 2,048,800 · Jun 2010June 2010 | 340,000 /yr | |
| 1703 | 2-bed | 1,629 sqft | AED 1.61MAED 1,606,800 · Sep 2010September 2010 | 220,000 /yr | |
| 1704 | 915 sqft | AED 759KAED 758,800 · Sep 2009September 2009 | 122,000 /yr |
1705, The Residences 1 (W3) in numbers
- Sold 4 times: first on 28 June 2012 for AED 1,400,000, last on 14 December 2023 for AED 1,850,000 (AED 1,768 per sqft).
- Rented since November 2013 on 4 Ejari contracts, from AED 105,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 22,500 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 9 December 2025.
Questions about 1705, The Residences 1 (W3)
What did unit 1705 last sell for?
AED 1,850,000 on 14 December 2023: AED 1,768 per sqft for 1,046 sqft. The unit has 4 registered sales; the first was AED 1,400,000 in June 2012.
What is the rent for unit 1705?
AED 130,000 a year on the contract signed on 9 December 2025. The previous contract, from January 2017, was AED 120,000; the unit has been rented since November 2013.
How big is unit 1705?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 17th floor of a 38-storey tower completed in 2007.
What is unit 1705 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 1705, The Residences 1 (W3)
Starts from the last sale price (AED 1.85M, 14 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →