2005, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in March 2011, 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 2005, The Residences 1 (W3)
What is 2005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 20th of 38
- Parking
- P-95
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 706K · March 2011
- Building
- The Residences 1 (W3)
About 2005, The Residences 1 (W3)
2005 is a one-bedroom apartment of 1,046 sqft on the 20th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 2 March 2011 for AED 705,800, or AED 674 per sqft, 5% below the AED 709 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 7 June 2025, is AED 115,000 a year: a gross yield of 16.3% on the 2011 price, before the service charge of about AED 22,500 a year.
Sales and rents for 2005 over time
2005 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 2005 sits
All 71 1-beds →2005 last sold in March 2011 at AED 674 per sqft, 5% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 709). 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. 2005's AED 115,000 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 20th floor
All 185 units in The Residences 1 (W3)2005, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 2 March 2011 for AED 705,800, or AED 674 per sqft.
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2022 and recovered to AED 115,000 by June 2025.
- At AED 115,000 a year the gross yield on the 2011 price is 16.3%, 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 7 June 2025.
Questions about 2005, The Residences 1 (W3)
What did unit 2005 last sell for?
AED 705,800 on 2 March 2011, sold by the developer: AED 674 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 2005?
AED 115,000 a year on the contract signed on 7 June 2025. The previous contract, from May 2024, was AED 80,000; the unit has been rented since September 2013.
How big is unit 2005?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 20th floor of a 38-storey tower completed in 2007.
What is unit 2005 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 2005, The Residences 1 (W3)
Starts from the last sale price (AED 706K, 2 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 705,800
- Deposit, UAE resident (20%)
- AED 141,160
- Deposit, non-resident (40%)
- AED 282,320
- Monthly over 25 years at 3.7%
- AED 2,888
Plus AED 34,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →