986 sqftThe Residences 3 (W1), Downtown Dubai · 15th floor · completed 2007

1503, The Residences 3 (W1)

Sold prices and rental history: sold 5 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 30 October 2025
Last soldAED 2.34M30 October 2025
Current rentAED 125K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Residences 3 (W1)

What is 1503 worth today?

Last sold for AED 2,340,000 in 2025

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30 Oct 2025SoldReady
AED 2,340,000AED 2,373 per sqft
1 Jun 2025RentedRenewal
AED 125,000/yr12 months · AED 127 per sqft
1 Jun 2024RentedNew contract
AED 125,000/yr12 months · AED 127 per sqft
29 Sep 2015SoldReady
AED 2,100,000AED 2,129 per sqft
5 Aug 2014RentedNew contract
AED 125,000/yr12 months · AED 126 per sqft
21 Apr 2014SoldReady
AED 2,350,000AED 2,383 per sqft
5 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
27 May 2010SoldReady
AED 1,450,000AED 1,470 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 October 2025.

Key facts

Type
Apartment
Size
986 sqft
Floor
15th of 25
Parking
B2-487
Developer
Emaar
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.34M · October 2025

About 1503, The Residences 3 (W1)

1503 is an apartment of 986 sqft on the 15th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 30 October 2025 for AED 2,340,000, or AED 2,373 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 125,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 21,200 a year.

The Residences 3 (W1)

Building

111 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%
The Residences 3 (W1), Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 111 units in The Residences 3 (W1)
Value
15012-bedAED 3.5M · Oct 2021
15022-bedAED 5M · May 2024
15041-bedAED 1M · Oct 2011
15051-bedAED 2.14M · Nov 2016

1503, The Residences 3 (W1) in numbers

  • Sold 5 times: first on 16 May 2010 for AED 762,800, last on 30 October 2025 for AED 2,340,000 (AED 2,373 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 100,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 5.3%, 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 30 October 2025.

Questions about 1503, The Residences 3 (W1)

What did unit 1503 last sell for?

AED 2,340,000 on 30 October 2025: AED 2,373 per sqft for 986 sqft. The unit has 5 registered sales; the first was AED 762,800 in May 2010.

What is the rent for unit 1503?

AED 125,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 125,000; the unit has been rented since August 2013.

How big is unit 1503?

986 sqft (91.6 sqm): an apartment on the 15th floor of a 25-storey tower completed in 2007.

What is unit 1503 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 1503, The Residences 3 (W1)

Starts from the last sale price (AED 2.34M, 30 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

Plus AED 103,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →