2-bed · 1,435 sqftThe Residences 3 (W1), Downtown Dubai · 21st floor · completed 2007

2101, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in September 2010, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 1 May 2014
Last soldAED 2.17M16 September 2010
Current rentAED 215K /yr1 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, The Residences 3 (W1)

What is 2101 worth today?

Last sold for AED 2,167,488 in 2010

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1 May 2014RentedNew contract
AED 215,000/yr12 months · AED 150 per sqft
16 Sep 2010Sold by developerReady
AED 2,167,488AED 1,510 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2014.

Key facts

Type
2-bed apartment
Size
1,435 sqft
Floor
21st of 25
Parking
G-684
Developer
Emaar
Completed
2007
Service charge
AED 30,900 /yr
Last sold
AED 2.17M · September 2010

About 2101, The Residences 3 (W1)

2101 is a two-bedroom apartment of 1,435 sqft on the 21st 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 2,167,488, or AED 1,510 per sqft, 55% above the AED 973 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2014. The current contract, signed on 1 May 2014, is AED 215,000 a year: a gross yield of 9.9% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, each saleTypical two-bed in The Residences 3 (W1)
2.5M5M20082012201620202024Typical sale price by year: 2008 AED 1,336,300; 2009 AED 1,510,800; 2010 AED 1,422,800; 2011 AED 2,300,000; 2012 AED 3,330,000; 2013 AED 4,450,000; 2014 AED 5,950,000; 2015 AED 5,350,000; 2021 AED 3,158,790; 2023 AED 4,300,000Sold by developer, September 2010: AED 2,167,488 (AED 1,510 per sqft)

2101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, each contractTypical two-bed in The Residences 3 (W1)
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 185,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 147,600; 2022 AED 162,500; 2023 AED 176,000; 2024 AED 220,000; 2025 AED 220,000New contract, May 2014: AED 215,000 a year

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 2101 sits

All 43 2-beds →

2101 last sold in September 2010 at AED 1,510 per sqft, 55% above what two-beds in The Residences 3 (W1) were fetching at the time (AED 973).

Recent 2-bed salesUnit no.Price (AED)Summary
4 Mar 20254,400,000
8 Jan 20255,850,000
8 Oct 20244,950,000
6 May 20245,000,000
0 2-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 21st floor

All 111 units in The Residences 3 (W1)
Value
21022-bedAED 2.3M · Oct 2010
21031-bedAED 2.35M · Jan 2026
21051-bedAED 1.98M · Mar 2013

2101, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 16 September 2010 for AED 2,167,488, or AED 1,510 per sqft.
  • Rented since May 2014 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2010 price is 9.9%, 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 1 May 2014.

Questions about 2101, The Residences 3 (W1)

What did unit 2101 last sell for?

AED 2,167,488 on 16 September 2010, sold by the developer: AED 1,510 per sqft for 1,435 sqft. It is the only registered sale of the unit.

What is the rent for unit 2101?

AED 215,000 a year on the contract signed on 1 May 2014.

How big is unit 2101?

1,435 sqft (133.3 sqm): a two-bedroom apartment on the 21st floor of a 25-storey tower completed in 2007.

What is unit 2101 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 2101, The Residences 3 (W1)

Starts from the last sale price (AED 2.17M, 16 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,167,488
Deposit, UAE resident (20%)
AED 433,498
Deposit, non-resident (40%)
AED 866,995
Monthly over 25 years at 3.7%
AED 8,868

Plus AED 96,045 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →