1102, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1102, The Residences 3 (W1)
What is 1102 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Floor
- 11th of 25
- Parking
- B2-473
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,900 /yr
- Last sold
- AED 1.4M · September 2010
- Building
- The Residences 3 (W1)
About 1102, The Residences 3 (W1)
1102 is a two-bedroom apartment of 1,478 sqft on the 11th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 September 2010 for AED 1,402,800, or AED 949 per sqft, in line with the AED 973 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 190,000 a year: a gross yield of 13.5% on the 2010 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1102 over time
1102 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 3 (W1), and where 1102 sits
All 43 2-beds →1102 last sold in September 2010 at AED 949 per sqft, in line with what two-beds in The Residences 3 (W1) were fetching at the time (AED 973).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Mar 20254 March 2025 | 1,435 sqft | 4,400,000 | 3,066 | ||
| 8 Jan 20258 January 2025 | 1,478 sqft | 5,850,000 | 3,958 | ||
| 8 Oct 20248 October 2024 | 1,478 sqft | 4,950,000 | 3,349 | ||
| 6 May 20246 May 2024 | 1,478 sqft | 5,000,000 | 3,382 |
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 11th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,435 sqft | AED 5.3MAED 5,300,000 · Jun 2015June 2015 | 235,000 /yr | |
| 1103 | 1-bed | 986 sqft | AED 1.35MAED 1,345,000 · Sep 2021September 2021 | 75,000 /yr | |
| 1104 | 1-bed | 948 sqft | AED 1.4MAED 1,400,000 · Nov 2021November 2021 | 160,000 /yr | |
| 1105 | 1-bed | 512 sqft | AED 600KAED 600,000 · Oct 2024October 2024 | 60,000 /yr |
1102, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 16 September 2010 for AED 1,402,800, or AED 949 per sqft.
- Rented since May 2012 on 11 Ejari contracts, from AED 140,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2010 price is 13.5%, before a service charge of about AED 31,900 a year (AED 21.55 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Questions about 1102, The Residences 3 (W1)
What did unit 1102 last sell for?
AED 1,402,800 on 16 September 2010, sold by the developer: AED 949 per sqft for 1,478 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 190,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 190,000; the unit has been rented since May 2012.
How big is unit 1102?
1,478 sqft (137.3 sqm): a two-bedroom apartment on the 11th floor of a 25-storey tower completed in 2007.
What is unit 1102 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 1102, The Residences 3 (W1)
Starts from the last sale price (AED 1.4M, 16 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,402,800
- Deposit, UAE resident (20%)
- AED 280,560
- Deposit, non-resident (40%)
- AED 561,120
- Monthly over 25 years at 3.7%
- AED 5,739
Plus AED 63,928 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →