1-bed · 948 sqftThe Residences 3 (W1), Downtown Dubai · 20th floor · completed 2007

2004, The Residences 3 (W1)

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 19 May 2025
Last soldAED 1.68M13 September 2022
Current rentAED 145K /yr19 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, The Residences 3 (W1)

What is 2004 worth today?

Last sold for AED 1,675,000 in 2022

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19 May 2025RentedRenewal
AED 145,000/yr12 months · AED 153 per sqft
19 May 2024RentedNew contract
AED 141,000/yr12 months · AED 149 per sqft
15 May 2023RentedNew contract
AED 138,000/yr12 months · AED 146 per sqft
13 Sep 2022SoldReady
AED 1,675,000AED 1,766 per sqft
1 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
1 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 100 per sqft
1 Jul 2018RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
18 Jun 2017RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 May 2025.

Key facts

Type
1-bed apartment
Size
948 sqft
Floor
20th of 25
Parking
P-240
Developer
Emaar
Completed
2007
Service charge
AED 20,400 /yr
Last sold
AED 1.68M · September 2022

About 2004, The Residences 3 (W1)

2004 is a one-bedroom apartment of 948 sqft on the 20th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 September 2022 for AED 1,675,000, or AED 1,766 per sqft, in line with the AED 1,724 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 19 May 2025, is AED 145,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 20,400 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical one-bed in The Residences 3 (W1)
1M2M2008201220162020Typical sale price by year: 2008 AED 993,888; 2009 AED 756,800; 2010 AED 776,800; 2011 AED 797,800; 2012 AED 721,783; 2013 AED 1,850,000; 2014 AED 2,300,000; 2015 AED 2,150,000; 2016 AED 2,100,000; 2018 AED 1,640,000; 2022 AED 1,875,000Sold by developer, September 2010: AED 1,000,000 (AED 1,054 per sqft)Sold, September 2022: AED 1,675,000 (AED 1,766 per sqft)

2004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, each contractTypical one-bed in The Residences 3 (W1)
100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 107,500; 2014 AED 125,000; 2015 AED 122,500; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 106,250; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 78,750; 2022 AED 95,000; 2023 AED 109,793; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 112,500New contract, June 2017: AED 110,000 a yearNew contract, July 2018: AED 95,000 a yearRenewal, July 2019: AED 95,000 a yearRenewal, July 2021: AED 80,000 a yearNew contract, May 2023: AED 138,000 a yearNew contract, May 2024: AED 141,000 a yearRenewal, May 2025: AED 145,000 a year

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 2004 sits

All 60 1-beds →

2004 last sold in September 2022 at AED 1,766 per sqft, in line with what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,724). 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. 2004's AED 145,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20263,000,000
6 Jan 20262,350,000
9 May 20252,200,000
26 Jan 20252,350,000
2 1-bed sales in the last 12 months

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 20th floor

All 111 units in The Residences 3 (W1)
Value
20012-bedAED 4.9M · Nov 2015
20022-bedAED 2.6M · Oct 2011
20031-bedAED 3M · Jan 2026
20051-bedAED 2.5M · Oct 2014

2004, The Residences 3 (W1) in numbers

  • Sold twice: first on 16 September 2010 for AED 1,000,000, last on 13 September 2022 for AED 1,675,000 (AED 1,766 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 145,000 by May 2025.
  • At AED 145,000 a year the gross yield on the 2022 price is 8.7%, 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 19 May 2025.

Questions about 2004, The Residences 3 (W1)

What did unit 2004 last sell for?

AED 1,675,000 on 13 September 2022: AED 1,766 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in September 2010.

What is the rent for unit 2004?

AED 145,000 a year on the contract renewed on 19 May 2025. The previous contract, from May 2024, was AED 141,000; the unit has been rented since June 2017.

How big is unit 2004?

948 sqft (88.1 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower completed in 2007.

What is unit 2004 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 2004, The Residences 3 (W1)

Starts from the last sale price (AED 1.68M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

Plus AED 75,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →