402, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in April 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Residences 1 (W3)
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 April 2009.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 4th of 38
- Parking
- G-634,G-635
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 1.87M · April 2009
- Building
- The Residences 1 (W3)
About 402, The Residences 1 (W3)
402 is a three-bedroom apartment of 2,082 sqft on the 4th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 23 April 2009 for AED 1,866,800, or AED 896 per sqft, 17% below the AED 1,078 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 402 over time
402 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 402 sits
All 39 3-beds →402 last sold in April 2009 at AED 896 per sqft, 17% below what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,078). 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.
| 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 4th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,452 sqft | AED 2.45MAED 2,450,000 · Aug 2022August 2022 | 185,000 /yr | |
| 403 | 2-bed | 1,629 sqft | AED 5.2MAED 5,200,000 · Feb 2026February 2026 | 125,000 /yr | |
| 404 | 1-bed | 915 sqft | AED 2.28MAED 2,275,000 · Apr 2024April 2024 | 125,000 /yr | |
| 405 | 1-bed | 1,046 sqft | AED 1.7MAED 1,700,000 · Jul 2023July 2023 | 93,000 /yr |
402, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 23 April 2009 for AED 1,866,800, or AED 896 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 23 April 2009.
Questions about 402, The Residences 1 (W3)
What did unit 402 last sell for?
AED 1,866,800 on 23 April 2009, sold by the developer: AED 896 per sqft for 2,082 sqft. It is the only registered sale of the unit.
How big is unit 402?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 4th floor of a 38-storey tower completed in 2007.
What is unit 402 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 402, The Residences 1 (W3)
Starts from the last sale price (AED 1.87M, 23 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,866,800
- Deposit, UAE resident (20%)
- AED 373,360
- Deposit, non-resident (40%)
- AED 746,720
- Monthly over 25 years at 3.7%
- AED 7,638
Plus AED 83,416 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →