3501, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, The Residences 1 (W3)
What is 3501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 35th of 38
- Parking
- B2-504
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.28M · December 2010
- Building
- The Residences 1 (W3)
About 3501, The Residences 1 (W3)
3501 is a two-bedroom apartment of 1,452 sqft on the 35th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 8 December 2010 for AED 1,282,800, or AED 883 per sqft, 11% below the AED 990 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 23 September 2025, is AED 136,382 a year: a gross yield of 10.6% on the 2010 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3501 over time
3501 has sold once; the dashed line is the two-bed median of each year in the building.
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 3501 sits
All 67 2-beds →3501 last sold in December 2010 at AED 883 per sqft, 11% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 990). 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. 3501's AED 136,382 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,629 sqft | 5,200,000 | 3,192 | ||
| 4 Feb 20264 February 2026 | 1,452 sqft | 3,850,000 | 2,651 | ||
| 30 Jan 202630 January 2026 | 1,452 sqft | 3,800,000 | 2,616 | ||
| 3 Jun 20253 June 2025 | 1,629 sqft | 3,765,037 | 2,311 |
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 35th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,082 sqft | AED 2.95MAED 2,950,000 · Oct 2010October 2010 | 305,000 /yr | |
| 3503 | 2-bed | 1,629 sqft | AED 3.1MAED 3,100,000 · Aug 2010August 2010 | ||
| 3504 | 1-bed | 915 sqft | AED 2.36MAED 2,360,000 · Feb 2025February 2025 | 135,000 /yr | |
| 3505 | 1-bed | 1,046 sqft | AED 1.78MAED 1,780,000 · Aug 2024August 2024 | 78,750 /yr |
3501, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 8 December 2010 for AED 1,282,800, or AED 883 per sqft.
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 93,750 in 2021 and recovered to AED 136,382 by September 2025.
- At AED 136,382 a year the gross yield on the 2010 price is 10.6%, 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 23 September 2025.
Questions about 3501, The Residences 1 (W3)
What did unit 3501 last sell for?
AED 1,282,800 on 8 December 2010, sold by the developer: AED 883 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 3501?
AED 136,382 a year on the contract renewed on 23 September 2025. The previous contract, from September 2023, was AED 118,593; the unit has been rented since January 2017.
How big is unit 3501?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 35th floor of a 38-storey tower completed in 2007.
What is unit 3501 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 3501, The Residences 1 (W3)
Starts from the last sale price (AED 1.28M, 8 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,282,800
- Deposit, UAE resident (20%)
- AED 256,560
- Deposit, non-resident (40%)
- AED 513,120
- Monthly over 25 years at 3.7%
- AED 5,248
Plus AED 58,888 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →