1704, The Residences 3 (W1)
Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, The Residences 3 (W1)
What is 1704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 17th of 25
- Parking
- P-282
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.28M · May 2019
- Building
- The Residences 3 (W1)
About 1704, The Residences 3 (W1)
1704 is a one-bedroom apartment of 948 sqft on the 17th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 27 May 2019 for AED 1,280,000, or AED 1,350 per sqft, 11% below the AED 1,517 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 July 2025, is AED 110,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1704 over time
1704 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 3 (W1), and where 1704 sits
All 60 1-beds →1704 last sold in May 2019 at AED 1,350 per sqft, 11% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,517). Over the last 12 months one-beds sold for AED 2,350,000 to 3,000,000, around AED 2,713 per sqft, and rent for AED 60,000 to 160,000 a year. 1704's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 986 sqft | 3,000,000 | 3,042 | ||
| 6 Jan 20266 January 2026 | 986 sqft | 2,350,000 | 2,383 | ||
| 9 May 20259 May 2025 | 986 sqft | 2,200,000 | 2,231 | ||
| 26 Jan 202526 January 2025 | 1,023 sqft | 2,350,000 | 2,297 |
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
- 4.9%
Other units on the 17th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,435 sqft | AED 3.45MAED 3,450,000 · Mar 2022March 2022 | 280,000 /yr | |
| 1702 | 2-bed | 1,478 sqft | AED 3.1MAED 3,100,000 · Jun 2019June 2019 | 220,000 /yr | |
| 1703 | 1-bed | 986 sqft | AED 771KAED 770,800 · May 2011May 2011 | 127,000 /yr | |
| 1705 | 1-bed | 1,023 sqft | AED 867KAED 866,800 · Dec 2011December 2011 | 90,000 /yr |
1704, The Residences 3 (W1) in numbers
- Sold twice: first on 9 January 2012 for AED 643,565, last on 27 May 2019 for AED 1,280,000 (AED 1,350 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2018 and recovered to AED 110,000 by July 2025.
- At AED 110,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 20,400 a year (AED 21.55 per sqft).
- One-beds in The Residences 3 (W1) sold for AED 2,350,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,713 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.
Questions about 1704, The Residences 3 (W1)
What did unit 1704 last sell for?
AED 1,280,000 on 27 May 2019: AED 1,350 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 643,565 in January 2012.
What is the rent for unit 1704?
AED 110,000 a year on the contract signed on 10 July 2025. The previous contract, from October 2023, was AED 117,500; the unit has been rented since November 2013.
How big is unit 1704?
948 sqft (88.1 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2007.
What is unit 1704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 3 (W1) sold for AED 2,350,000 to 3,000,000 in the last 12 months, around AED 2,713 per sqft.
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Mortgage on 1704, The Residences 3 (W1)
Starts from the last sale price (AED 1.28M, 27 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →