2302, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, The Residences 1 (W3)
What is 2302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 23rd of 38
- Parking
- G-661,G-662
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.13M · August 2010
- Building
- The Residences 1 (W3)
About 2302, The Residences 1 (W3)
2302 is a three-bedroom apartment of 2,082 sqft on the 23rd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 26 August 2010 for AED 2,132,800, or AED 1,024 per sqft, 4% above the AED 984 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 26 November 2025, is AED 311,351 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2302 over time
2302 has sold once; 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 2302 sits
All 39 3-beds →2302 last sold in August 2010 at AED 1,024 per sqft, 4% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 984). 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. 2302's AED 311,351 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 23rd floor
All 185 units in The Residences 1 (W3)2302, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 26 August 2010 for AED 2,132,800, or AED 1,024 per sqft.
- Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 260,000 to AED 170,000 in 2021 and recovered to AED 311,351 by November 2025.
- At AED 311,351 a year the gross yield on the 2010 price is 14.6%, 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 26 November 2025.
Questions about 2302, The Residences 1 (W3)
What did unit 2302 last sell for?
AED 2,132,800 on 26 August 2010, sold by the developer: AED 1,024 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 2302?
AED 311,351 a year on the contract signed on 26 November 2025. The previous contract, from June 2022, was AED 178,500; the unit has been rented since April 2014.
How big is unit 2302?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2007.
What is unit 2302 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 2302, The Residences 1 (W3)
Starts from the last sale price (AED 2.13M, 26 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,132,800
- Deposit, UAE resident (20%)
- AED 426,560
- Deposit, non-resident (40%)
- AED 853,120
- Monthly over 25 years at 3.7%
- AED 8,726
Plus AED 94,588 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →