2904, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in August 2013, 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 2904, The Residences 1 (W3)
What is 2904 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 29th of 38
- Parking
- B2-381
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 819K · August 2013
- Building
- The Residences 1 (W3)
About 2904, The Residences 1 (W3)
2904 is a one-bedroom apartment of 915 sqft on the 29th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 27 August 2013 for AED 818,800, or AED 894 per sqft, 45% below the AED 1,613 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 February 2025, is AED 115,000 a year: a gross yield of 14.0% on the 2013 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2904 over time
2904 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 2904 sits
All 71 1-beds →2904 last sold in August 2013 at AED 894 per sqft, 45% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,613). 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. 2904's AED 115,000 is in the lower half 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 29th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,452 sqft | AED 3.3MAED 3,300,000 · Apr 2024April 2024 | 260,000 /yr | |
| 2902 | 3-bed | 2,082 sqft | AED 1.11MAED 1,108,400 · May 2008May 2008 | 330,000 /yr | |
| 2903 | 2-bed | 1,629 sqft | AED 3.3MAED 3,300,000 · Dec 2011December 2011 | 280,000 /yr | |
| 2905 | 1-bed | 1,046 sqft | AED 1.9MAED 1,900,000 · Dec 2013December 2013 | 115,000 /yr |
2904, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 27 August 2013 for AED 818,800, or AED 894 per sqft.
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2020 and recovered to AED 115,000 by February 2025.
- At AED 115,000 a year the gross yield on the 2013 price is 14.0%, 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 25 February 2025.
Questions about 2904, The Residences 1 (W3)
What did unit 2904 last sell for?
AED 818,800 on 27 August 2013, sold by the developer: AED 894 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2904?
AED 115,000 a year on the contract signed on 25 February 2025. The previous contract, from September 2024, was AED 90,641; the unit has been rented since September 2013.
How big is unit 2904?
915 sqft (85.0 sqm): a one-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.
What is unit 2904 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 2904, The Residences 1 (W3)
Starts from the last sale price (AED 819K, 27 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 818,800
- Deposit, UAE resident (20%)
- AED 163,760
- Deposit, non-resident (40%)
- AED 327,520
- Monthly over 25 years at 3.7%
- AED 3,350
Plus AED 39,400 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →