2804, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in August 2008, 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 2804, The Residences 1 (W3)
What is 2804 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 28th of 38
- Parking
- B2-399
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.1M · August 2008
- Building
- The Residences 1 (W3)
About 2804, The Residences 1 (W3)
2804 is a one-bedroom apartment of 915 sqft on the 28th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 6 August 2008 for AED 1,100,000, or AED 1,202 per sqft, in line with the AED 1,202 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 93,000 a year: a gross yield of 8.5% on the 2008 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2804 over time
2804 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 1 (W3), and where 2804 sits
All 71 1-beds →2804 last sold in August 2008 at AED 1,202 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,202). Over the last 12 months one-beds sold for AED 2,300,000 to 2,850,000, around AED 2,619 per sqft, and rent for AED 112,300 to 154,000 a year. 2804's AED 93,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 915 sqft | 2,300,000 | 2,513 | ||
| 28 Jul 202528 July 2025 | 915 sqft | 2,450,000 | 2,677 | ||
| 28 Feb 202528 February 2025 | 915 sqft | 2,360,000 | 2,579 | ||
| 13 Nov 202413 November 2024 | 915 sqft | 2,200,000 | 2,404 |
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 28th floor
All 185 units in The Residences 1 (W3)2804, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 6 August 2008 for AED 1,100,000, or AED 1,202 per sqft.
- Rented since November 2014 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 93,000 by May 2025.
- At AED 93,000 a year the gross yield on the 2008 price is 8.5%, before a service charge of about AED 19,700 a year (AED 21.55 per sqft).
- One-beds in The Residences 1 (W3) sold for AED 2,300,000–2,850,000 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 May 2025.
Questions about 2804, The Residences 1 (W3)
What did unit 2804 last sell for?
AED 1,100,000 on 6 August 2008, sold by the developer: AED 1,202 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2804?
AED 93,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 100,000; the unit has been rented since November 2014.
How big is unit 2804?
915 sqft (85.0 sqm): a one-bedroom apartment on the 28th floor of a 38-storey tower completed in 2007.
What is unit 2804 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 1 (W3) sold for AED 2,300,000 to 2,850,000 in the last 12 months, around AED 2,619 per sqft.
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Mortgage on 2804, The Residences 1 (W3)
Starts from the last sale price (AED 1.1M, 6 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →