2702, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in September 2010, 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 2702, The Residences 1 (W3)
What is 2702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 27th of 38
- Parking
- G-669,G-670
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.19M · September 2010
- Building
- The Residences 1 (W3)
About 2702, The Residences 1 (W3)
2702 is a three-bedroom apartment of 2,082 sqft on the 27th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 14 September 2010 for AED 2,188,800, or AED 1,051 per sqft, 3% above the AED 1,017 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 28 July 2025, is AED 390,000 a year: a gross yield of 17.8% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2702 over time
2702 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 2702 sits
All 39 3-beds →2702 last sold in September 2010 at AED 1,051 per sqft, 3% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,017). 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. 2702's AED 390,000 is at the top 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 27th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,452 sqft | AED 1.23MAED 1,234,800 · Sep 2010September 2010 | 120,000 /yr | |
| 2703 | 2-bed | 1,629 sqft | AED 1.73MAED 1,726,800 · Feb 2009February 2009 | 290,000 /yr | |
| 2704 | 1-bed | 915 sqft | AED 809KAED 808,800 · Jan 2012January 2012 | 80,500 /yr | |
| 2705 | 1-bed | 1,046 sqft | AED 1.09MAED 1,090,000 · Apr 2011April 2011 |
2702, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 14 September 2010 for AED 2,188,800, or AED 1,051 per sqft.
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 230,000 to AED 180,000 in 2022 and recovered to AED 390,000 by July 2025.
- At AED 390,000 a year the gross yield on the 2010 price is 17.8%, 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 July 2025.
Questions about 2702, The Residences 1 (W3)
What did unit 2702 last sell for?
AED 2,188,800 on 14 September 2010, sold by the developer: AED 1,051 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 2702?
AED 390,000 a year on the contract signed on 28 July 2025. The previous contract, from October 2022, was AED 180,000; the unit has been rented since March 2013.
How big is unit 2702?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 27th floor of a 38-storey tower completed in 2007.
What is unit 2702 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 2702, The Residences 1 (W3)
Starts from the last sale price (AED 2.19M, 14 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,188,800
- Deposit, UAE resident (20%)
- AED 437,760
- Deposit, non-resident (40%)
- AED 875,520
- Monthly over 25 years at 3.7%
- AED 8,955
Plus AED 96,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →