202, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, The Residences 1 (W3)
What is 202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 2nd of 38
- Parking
- P-85, 88
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 4.25M · April 2011
- Building
- The Residences 1 (W3)
About 202, The Residences 1 (W3)
202 is a three-bedroom apartment of 2,082 sqft on the 2nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 28 April 2011 for AED 4,250,000, or AED 2,041 per sqft, 97% above the AED 1,038 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 24 October 2024, is AED 305,000 a year: a gross yield of 7.2% on the 2011 price, before the service charge of about AED 44,900 a year.
Sales and rents for 202 over time
202 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 1 (W3), and where 202 sits
All 39 3-beds →202 last sold in April 2011 at AED 2,041 per sqft, 97% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,038). Over the last 12 months three-beds sold for AED 7,100,000 to 20,000,000, around AED 4,745 per sqft, and rent for AED 280,000 to 320,000 a year. 202's AED 305,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 2,082 sqft | 7,100,000 | 3,410 | ||
| 14 Jan 202614 January 2026 | 3,289 sqft | 20,000,000 | 6,080 | ||
| 25 Mar 202525 March 2025 | 32 sqft | 49,000 | 1,517 | ||
| 13 Feb 202513 February 2025 | 2,082 sqft | 7,500,000 | 3,602 |
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 2nd floor
All 185 units in The Residences 1 (W3)202, The Residences 1 (W3) in numbers
- Sold twice: first on 28 April 2011 for AED 2,562,888, last on 28 April 2011 for AED 4,250,000 (AED 2,041 per sqft).
- Rented since August 2021 on 4 Ejari contracts, from AED 200,000 to AED 305,000 a year.
- At AED 305,000 a year the gross yield on the 2011 price is 7.2%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
- Three-beds in The Residences 1 (W3) sold for AED 7,100,000–20,000,000 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 24 October 2024.
Questions about 202, The Residences 1 (W3)
What did unit 202 last sell for?
AED 4,250,000 on 28 April 2011, sold by the developer: AED 2,041 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,562,888 in April 2011.
What is the rent for unit 202?
AED 305,000 a year on the contract signed on 24 October 2024. The previous contract, from October 2023, was AED 303,369; the unit has been rented since August 2021.
How big is unit 202?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 2nd floor of a 38-storey tower completed in 2007.
What is unit 202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,100,000 to 20,000,000 in the last 12 months, around AED 4,745 per sqft.
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Mortgage on 202, The Residences 1 (W3)
Starts from the last sale price (AED 4.25M, 28 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →