2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 21st floor · completed 2007

2103, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 3.2M29 June 2011
Current rentAED 220K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, The Residences 1 (W3)

What is 2103 worth today?

Last sold for AED 3,200,000 in 2011

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1 Apr 2025RentedRenewal
AED 220,000/yr12 months · AED 135 per sqft
1 Apr 2024RentedRenewal
AED 180,000/yr12 months · AED 110 per sqft
1 Apr 2023RentedNew contract
AED 180,000/yr12 months · AED 110 per sqft
17 Jun 2021RentedRenewal
AED 150,000/yr12 months · AED 92 per sqft
17 Jun 2020RentedNew contract
AED 150,000/yr12 months · AED 92 per sqft
3 Jun 2018RentedNew contract
AED 190,000/yr12 months · AED 117 per sqft
3 Jun 2018RentedNew contract
AED 190,000/yr12 months · AED 117 per sqft
28 Feb 2016RentedNew contract
AED 255,000/yr12 months · AED 157 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
21st of 38
Parking
P-97
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 3.2M · June 2011

About 2103, The Residences 1 (W3)

2103 is a two-bedroom apartment of 1,629 sqft on the 21st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 29 June 2011 for AED 3,200,000, or AED 1,964 per sqft, 104% above the AED 964 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 220,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 35,100 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,231,800; 2009 AED 1,762,800; 2010 AED 1,606,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, December 2009: AED 1,654,800 (AED 1,015 per sqft)Sold, June 2011: AED 3,200,000 (AED 1,964 per sqft)

2103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2103, each contractTypical two-bed in The Residences 1 (W3)
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 180,000; 2015 AED 187,500; 2016 AED 176,875; 2017 AED 170,000; 2018 AED 157,500; 2019 AED 127,917; 2020 AED 115,000; 2021 AED 112,500; 2022 AED 140,000; 2023 AED 180,000; 2024 AED 185,000; 2025 AED 195,000; 2026 AED 240,000New contract, January 2013: AED 160,000 a yearNew contract, July 2014: AED 250,000 a yearNew contract, July 2015: AED 250,000 a yearNew contract, February 2016: AED 255,000 a yearNew contract, June 2018: AED 190,000 a yearNew contract, June 2018: AED 190,000 a yearNew contract, June 2020: AED 150,000 a yearRenewal, June 2021: AED 150,000 a yearNew contract, April 2023: AED 180,000 a yearRenewal, April 2024: AED 180,000 a yearRenewal, April 2025: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 1 (W3), and where 2103 sits

All 67 2-beds →

2103 last sold in June 2011 at AED 1,964 per sqft, 104% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 964). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 172,937 to 280,000 a year. 2103's AED 220,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-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 21st floor

All 185 units in The Residences 1 (W3)
Value
21012-bedAED 1.2M · Dec 2012
21023-bedAED 7.5M · Feb 2025
21041-bedAED 1.23M · May 2020
2105AED 2.85M · Feb 2026

2103, The Residences 1 (W3) in numbers

  • Sold twice: first on 22 December 2009 for AED 1,654,800, last on 29 June 2011 for AED 3,200,000 (AED 1,964 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 160,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 35,100 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 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 1 April 2025.

Questions about 2103, The Residences 1 (W3)

What did unit 2103 last sell for?

AED 3,200,000 on 29 June 2011: AED 1,964 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 1,654,800 in December 2009.

What is the rent for unit 2103?

AED 220,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 180,000; the unit has been rented since January 2013.

How big is unit 2103?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 21st floor of a 38-storey tower completed in 2007.

What is unit 2103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 2103, The Residences 1 (W3)

Starts from the last sale price (AED 3.2M, 29 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →