1003, The Residences 3 (W1)
Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, The Residences 3 (W1)
What is 1003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2022.
Key facts
- Type
- Apartment
- Size
- 986 sqft
- Floor
- 10th of 25
- Parking
- P-249
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.55M · August 2022
- Building
- The Residences 3 (W1)
About 1003, The Residences 3 (W1)
1003 is an apartment of 986 sqft on the 10th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 10 August 2022 for AED 1,550,000, or AED 1,572 per sqft.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 23 November 2020, is AED 70,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 21,200 a year.
The Residences 3 (W1)
Building111 apartments, studios to 5-bed over 25 floors in Downtown Dubai, completed in 2007 by Emaar. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,713
- Typical sale
- AED 2.68M
- Typical rent
- AED 127K /yr
- Typical yield
- 4.8%
Other units on the 10th floor
All 111 units in The Residences 3 (W1)1003, The Residences 3 (W1) in numbers
- Sold 3 times: first on 16 September 2010 for AED 742,800, last on 10 August 2022 for AED 1,550,000 (AED 1,572 per sqft).
- Rented since September 2013 on 3 Ejari contracts, from AED 120,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 21,200 a year (AED 21.55 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2022.
Questions about 1003, The Residences 3 (W1)
What did unit 1003 last sell for?
AED 1,550,000 on 10 August 2022: AED 1,572 per sqft for 986 sqft. The unit has 3 registered sales; the first was AED 742,800 in September 2010.
What is the rent for unit 1003?
AED 70,000 a year on the contract signed on 23 November 2020. The previous contract, from November 2018, was AED 100,000; the unit has been rented since September 2013.
How big is unit 1003?
986 sqft (91.6 sqm): an apartment on the 10th floor of a 25-storey tower completed in 2007.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1003, The Residences 3 (W1)
Starts from the last sale price (AED 1.55M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →