1601, 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 1601, The Residences 3 (W1)
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,435 sqft
- Floor
- 16th of 25
- Parking
- B2-490
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.4M · September 2010
- Building
- The Residences 3 (W1)
About 1601, The Residences 3 (W1)
1601 is a two-bedroom apartment of 1,435 sqft on the 16th 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 1,396,800, or AED 973 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 14 Ejari contracts. The current contract, renewed on 16 October 2025, is AED 195,000 a year: a gross yield of 14.0% on the 2010 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 43 2-beds →1601 last sold in September 2010 at AED 973 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 16th floor
All 111 units in The Residences 3 (W1)1601, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 16 September 2010 for AED 1,396,800, or AED 973 per sqft.
- Rented since April 2012 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 195,000 by October 2025.
- At AED 195,000 a year the gross yield on the 2010 price is 14.0%, before a service charge of about AED 30,900 a year (AED 21.55 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2025.
Questions about 1601, The Residences 3 (W1)
What did unit 1601 last sell for?
AED 1,396,800 on 16 September 2010, sold by the developer: AED 973 per sqft for 1,435 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 195,000 a year on the contract renewed on 16 October 2025. The previous contract, from October 2024, was AED 185,000; the unit has been rented since April 2012.
How big is unit 1601?
1,435 sqft (133.3 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2007.
What is unit 1601 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 1601, 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 1,396,800
- Deposit, UAE resident (20%)
- AED 279,360
- Deposit, non-resident (40%)
- AED 558,720
- Monthly over 25 years at 3.7%
- AED 5,715
Plus AED 63,676 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →