2402, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in January 2026, 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 2402, The Residences 1 (W3)
What is 2402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 24th of 38
- Parking
- L1-781,L1-782
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 7.1M · January 2026
- Building
- The Residences 1 (W3)
About 2402, The Residences 1 (W3)
2402 is a three-bedroom apartment of 2,082 sqft on the 24th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 28 January 2026 for AED 7,100,000, or AED 3,410 per sqft, in line with the AED 3,506 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 12 February 2025, is AED 283,591 a year: a gross yield of 4.0% on the 2026 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2402 over time
2402 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 2402 sits
All 39 3-beds →2402 last sold in January 2026 at AED 3,410 per sqft, in line with what three-beds in The Residences 1 (W3) were fetching at the time (AED 3,506). 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. 2402's AED 283,591 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 11 Nov 202411 November 2024 | 2,082 sqft | 6,700,000 | 3,218 |
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 24th floor
All 185 units in The Residences 1 (W3)2402, The Residences 1 (W3) in numbers
- Sold twice: first on 14 September 2010 for AED 2,146,800, last on 28 January 2026 for AED 7,100,000 (AED 3,410 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 255,000 to AED 135,000 in 2022 and recovered to AED 283,591 by February 2025.
- At AED 283,591 a year the gross yield on the 2026 price is 4.0%, 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 28 January 2026.
Questions about 2402, The Residences 1 (W3)
What did unit 2402 last sell for?
AED 7,100,000 on 28 January 2026: AED 3,410 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,146,800 in September 2010.
What is the rent for unit 2402?
AED 283,591 a year on the contract renewed on 12 February 2025. The previous contract, from February 2023, was AED 255,000; the unit has been rented since November 2014.
How big is unit 2402?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 24th floor of a 38-storey tower completed in 2007.
What is unit 2402 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 2402, The Residences 1 (W3)
Starts from the last sale price (AED 7.1M, 28 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 7,100,000
- Deposit, UAE resident (20%)
- AED 1,420,000
- Deposit, non-resident (40%)
- AED 2,840,000
- Monthly over 25 years at 3.7%
- AED 29,048
Plus AED 303,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →