The Residences 3 (W1)
Studios to five-beds in Downtown Dubai. 2 apartments sold in the last 12 months; every sale, rent and unit is below.
About The Residences 3 (W1)
The Residences 3 (W1) is part of The Residences complex in Downtown Dubai, a prime high‑rise cluster set off Sheikh Mohammed Bin Rashid Boulevard and within easy reach of Burj Khalifa, Dubai Opera and The Dubai Mall. Completed in 2007, the tower forms one of nine buildings developed around landscaped courtyards and the Dubai Fountain lake, offering an urban setting with skyline and community views. Homes are primarily one-, two- and three-bedroom apartments with conventional floor plans, generous living areas and balconies. Building quality reflects early Downtown Dubai construction by a blue‑chip master developer: solid finishes, closed or semi‑closed kitchens in many layouts, and floor‑to‑ceiling windows in select units to frame city or partial fountain vistas. The overall character is residential rather than hotel‑serviced, appealing to end‑users and long‑term tenants who want central Dubai living. Lifestyle facilities in and around the tower include indoor and outdoor swimming pools, a well‑equipped gym, squash and badminton courts, children’s play areas, multipurpose rooms and 24/7 security with controlled access. Four levels of covered parking and multiple high‑speed elevators serve residents. Daily needs are met by nearby supermarkets, cafés and convenience retail on and around the boulevard, while Burj Park and the waterfront promenade provide green space and walking routes. Connectivity is a key draw. By car, Sheikh Zayed Road is a short drive away, and the tower sits close to major internal Downtown thoroughfares, making Business Bay and DIFC accessible in minutes off‑peak. For public transport, several bus stops are within a few minutes’ walk, and the Red Line’s Burj Khalifa/Dubai Mall and Business Bay metro stations are typically a 7–9 minute drive, with plentiful taxi and ride‑hailing options. Taken together, The Residences 3 (W1) offers central positioning, practical apartment types and a full set of onsite amenities in one of Dubai’s most established city‑centre communities.
111 apartments over 25 floors: 3 studios of 889 to 958 sqft, 60 one-beds of 512 to 1,023 sqft, 43 two-beds of 1,435 to 1,478 sqft and 2 five-beds of 4,523 to 5,918 sqft. The service charge is AED 21.55 per sqft a year.
2 apartments sold in the 12 months to February 2026, at a median of AED 2,713 per sqft. 12 rental contracts were registered over the same 12 months, at a typical AED 127,000 a year.
- Developer
- Emaar
- Completed
- 2007
- Floors
- 25
- Units
- 111
- Unit types
- Studio to 5-bed
Average prices in The Residences 3 (W1)
- 1-bed2,675,000
In The Residences 3 (W1), typical sale prices over the last 12 months were around AED 2,680,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in The Residences 3 (W1)
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in The Residences 3 (W1)
- Completed1-bed · 985 sqft 29 Jan 2026AED 3,000,0003,043 /sqft
- Completed1-bed · 985 sqft 06 Jan 2026AED 2,350,0002,383 /sqft
- Completed1,023 sqft 11 Nov 2025AED 2,500,0002,444 /sqft
- Completed985 sqft 30 Oct 2025AED 2,340,0002,373 /sqft
- Completed5-bed · 5,918 sqft 14 Jul 2025AED 17,100,0002,889 /sqft
- CompletedStudio · 936 sqft 02 Jun 2025AED 2,025,0002,162 /sqft
- Completed1-bed · 985 sqft 09 May 2025AED 2,200,0002,231 /sqft
- Completed2-bed · 1,435 sqft 04 Mar 2025AED 4,400,0003,066 /sqft
- Completed1-bed · 1,023 sqft 26 Jan 2025AED 2,350,0002,297 /sqft
- Completed2-bed · 1,478 sqft 08 Jan 2025AED 5,850,0003,958 /sqft
Over the last 12 months, The Residences 3 (W1) has recorded 2 apartment sales. Typical homes sold for around AED 2.68M (about AED 2,713 per sqft) with a median size of 986 sqft; most were one-beds.
Units in The Residences 3 (W1)
111 units- Unit 2022-bed · 1,478 sqftSold AED 1.81M, Oct 2008
- Unit 2031-bed · 986 sqftSold AED 2.08M, Dec 2014
- Unit 3012-bed · 1,435 sqftSold AED 1.25M, Aug 2008
- Unit 3022-bed · 1,478 sqftSold AED 1.58M, Jun 2009
- Unit 3031-bed · 986 sqftSold AED 1.7M, Aug 2022
- Unit 3041-bed · 948 sqftSold AED 1.45M, Mar 2018
- Unit 3051-bed · 1,023 sqftSold AED 777K, Sep 2010
- Unit 4012-bed · 1,435 sqftSold AED 5.75M, Feb 2015
- Unit 4022-bed · 1,478 sqftSold AED 5.5M, May 2016
- Unit 4031-bed · 986 sqftSold AED 1.25M, Sep 2010
Every unit in The Residences 3 (W1), by number
- 202
- 203
- 301
- 302
- 303
- 304
- 305
- 401
- 402
- 403
- 404
- 405
- 501
- 502
- 503
- 504
- 505
- 601
- 602
- 603
- 604
- 605
- 701
- 702
- 703
- 704
- 705
- 801
- 802
- 803
- 804
- 805
- 901
- 902
- 903
- 904
- 905
- 1001
- 1002
- 1003
- 1004
- 1005
- 1101
- 1102
- 1103
- 1104
- 1105
- 1201
- 1202
- 1203
- 1204
- 1205
- 1301
- 1302
- 1303
- 1304
- 1305
- 1401
- 1402
- 1403
- 1404
- 1405
- 1501
- 1502
- 1503
- 1504
- 1505
- 1601
- 1602
- 1603
- 1604
- 1605
- 1701
- 1702
- 1703
- 1704
- 1705
- 1801
- 1802
- 1803
- 1804
- 1805
- 1901
- 1902
- 1903
- 1904
- 1905
- 2001
- 2002
- 2003
- 2004
- 2005
- 2101
- 2102
- 2103
- 2105
- 2201
- 2202
- 2203
- 2204
- 2205
- 2301
- 2302
- 2303
- 2304
- 2305
- 2401
- 2501
- WP204
- WP205
- WP206
By type: studios (3), one-beds (60), two-beds (43), five-beds (2).
Nearby buildings in Downtown Dubai
All 102 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| The Residences 5 (E2) | 2007 | AED 2,129 | AED 138 | 6.5% |
| The Residences 4 (E1) | 2007 | AED 3,215 | AED 121 | 3.8% |
| The Residences 6 (E3) | 2007 | AED 2,616 | AED 142 | 5.4% |
| The Residences 7 (T3) | 2007 | AED 3,106 | AED 130 | 4.2% |
| Boulevard Central Podium | 2012 | AED 2,530 | AED 134 | 5.3% |
| Boulevard Central 1 | 2012 | AED 2,076 | AED 133 | 6.4% |
| Boulevard Central 2 | 2012 | AED 2,156 | AED 126 | 5.9% |
| The Residences 1 (W3) | 2007 | AED 2,724 | AED 136 | 5.0% |
| 29 Burj Boulevard Tower 1 | 2013 | AED 2,434 | AED 146 | 6.0% |
| 29 Burj Boulevard Podium | 2013 | AED 2,037 | AED 158 | 7.7% |
The Residences 3 (W1) in numbers
- Across 2 DLD sales in the 12 months to February 2026, the median price in The Residences 3 (W1) was AED 2,713 per sqft and the typical home sold for about AED 2.68M.
- Completed in 2007 by Emaar; 25 floors of studios to five-beds; service charge AED 21.55 per sqft a year.
- An one-bed of 512 to 1,023 sqft rents for AED 60,000 to 160,000 a year on the 10 contracts registered in the last 12 months.
- Gross rental yield 4.8%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 February 2026.
Questions about The Residences 3 (W1)
How much does an one-bed in The Residences 3 (W1) cost?
2 one-beds sold in the 12 months to February 2026; the median was AED 2,675,000, or AED 2,713 per sqft.
How much is an one-bed for rent in The Residences 3 (W1)?
About AED 126,000 a year: that is the median of the 10 contracts for one-beds registered with Ejari in the 12 months to February 2026, from AED 60,000 to 160,000.
What is the rental yield in The Residences 3 (W1)?
About 4.8% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in The Residences 3 (W1)?
AED 21.55 per sqft a year, on the 2025 rate we hold on record. For a typical 986 sqft home that is about AED 21,200 a year.
Who built The Residences 3 (W1) and when?
Emaar; completed in 2007; 25 floors; 111 apartments.
How many apartments are there in The Residences 3 (W1)?
111, studios to five-beds. Each has its own page with its full sales and rental history.
Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.
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