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2-bed · 1,452 sqftThe Residences 1 (W3), Downtown Dubai · 30th floor · completed 2007

3001, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3001 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.98M20 August 2019
Current rentAED 173K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3001, The Residences 1 (W3)

What is 3001 worth today?

Last sold for AED 1,975,000 in 2019

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1 Feb 2026RentedRenewal
AED 172,937/yr14 months · AED 120 per sqft
1 Feb 2025RentedRenewal
AED 155,000/yr12 months · AED 107 per sqft
1 Feb 2023RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
1 Feb 2023RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
1 Feb 2022RentedRenewal
AED 108,500/yr12 months · AED 75 per sqft
1 Feb 2021RentedRenewal
AED 108,500/yr12 months · AED 75 per sqft
20 Aug 2019SoldReady
AED 1,975,000AED 1,360 per sqft
1 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
30th of 38
Parking
B2-383
Developer
Emaar
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 1.98M · August 2019
Building
The Residences 1 (W3)

About 3001, The Residences 1 (W3)

3001 is a two-bedroom apartment of 1,452 sqft on the 30th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 20 August 2019 for AED 1,975,000, or AED 1,360 per sqft.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 172,937 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 31,300 a year.

Sales and rents for 3001 over time

Sales
Unit 3001, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,231,800; 2009 AED 1,762,800; 2010 AED 1,606,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, September 2010: AED 1,252,800 (AED 862 per sqft)Sold, August 2019: AED 1,975,000 (AED 1,360 per sqft)

3001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3001, each contractTypical two-bed in The Residences 1 (W3)
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 180,000; 2015 AED 187,500; 2016 AED 176,875; 2017 AED 170,000; 2018 AED 157,500; 2019 AED 127,917; 2020 AED 115,000; 2021 AED 112,500; 2022 AED 140,000; 2023 AED 180,000; 2024 AED 185,000; 2025 AED 195,000; 2026 AED 240,000New contract, February 2013: AED 145,000 a yearNew contract, February 2013: AED 145,000 a yearNew contract, May 2014: AED 200,000 a yearRenewal, May 2015: AED 200,000 a yearNew contract, February 2017: AED 170,000 a yearRenewal, February 2018: AED 150,000 a yearRenewal, February 2019: AED 130,000 a yearRenewal, February 2021: AED 108,500 a yearRenewal, February 2022: AED 108,500 a yearRenewal, February 2023: AED 120,000 a yearRenewal, February 2023: AED 140,000 a yearRenewal, February 2025: AED 155,000 a yearRenewal, February 2026: AED 172,937 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 1 (W3), and where 3001 sits

All 67 2-beds →

Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 172,937 to 280,000 a year. 3001's AED 172,937 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 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%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 30th floor

All 185 units in The Residences 1 (W3)
Value
30023-bedAED 5.5M · Feb 2022
30032-bedAED 1.76M · Sep 2010
30041-bedAED 2.1M · Mar 2023
30051-bedAED 369K · May 2008

3001, The Residences 1 (W3) in numbers

  • Sold twice: first on 14 September 2010 for AED 1,252,800, last on 20 August 2019 for AED 1,975,000 (AED 1,360 per sqft).
  • Rented since February 2013 on 13 Ejari contracts. The rent fell from AED 145,000 to AED 108,500 in 2022 and recovered to AED 172,937 by February 2026.
  • At AED 172,937 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 31,300 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 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 February 2026.

Questions about 3001, The Residences 1 (W3)

What did unit 3001 last sell for?

AED 1,975,000 on 20 August 2019: AED 1,360 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,252,800 in September 2010.

What is the rent for unit 3001?

AED 172,937 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 155,000; the unit has been rented since February 2013.

How big is unit 3001?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 30th floor of a 38-storey tower completed in 2007.

What is unit 3001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 3001, The Residences 1 (W3)

Starts from the last sale price (AED 1.98M, 20 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

Plus AED 87,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →