2204, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2204, The Residences 3 (W1)
What is 2204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 22nd of 25
- Parking
- G-659
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 607K · June 2009
- Building
- The Residences 3 (W1)
About 2204, The Residences 3 (W1)
2204 is a one-bedroom apartment of 948 sqft on the 22nd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 June 2009 for AED 606,800, or AED 640 per sqft, 21% below the AED 812 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 February 2023, is AED 105,000 a year: a gross yield of 17.3% on the 2009 price, before the service charge of about AED 20,400 a year.
Sales and rents for 2204 over time
2204 has sold once; 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 2204 sits
All 60 1-beds →2204 last sold in June 2009 at AED 640 per sqft, 21% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 812). 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. 2204's AED 105,000 is in the lower 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
- 4.8%
Other units on the 22nd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,435 sqft | AED 3.16MAED 3,158,790 · Oct 2021October 2021 | 145,000 /yr | |
| 2202 | 2-bed | 1,478 sqft | AED 2.6MAED 2,600,000 · Dec 2010December 2010 | 237,000 /yr | |
| 2203 | 1-bed | 986 sqft | AED 1.74MAED 1,735,000 · Mar 2018March 2018 | 110,000 /yr | |
| 2205 | 1-bed | 578 sqft | AED 2.08MAED 2,075,000 · Nov 2022November 2022 | 70,000 /yr |
2204, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 16 June 2009 for AED 606,800, or AED 640 per sqft.
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 74,000 in 2021 and recovered to AED 105,000 by February 2023.
- At AED 105,000 a year the gross yield on the 2009 price is 17.3%, 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 1 February 2023.
Questions about 2204, The Residences 3 (W1)
What did unit 2204 last sell for?
AED 606,800 on 16 June 2009, sold by the developer: AED 640 per sqft for 948 sqft. It is the only registered sale of the unit.
What is the rent for unit 2204?
AED 105,000 a year on the contract signed on 1 February 2023. The previous contract, from January 2021, was AED 74,000; the unit has been rented since April 2014.
How big is unit 2204?
948 sqft (88.1 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2007.
What is unit 2204 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 2204, The Residences 3 (W1)
Starts from the last sale price (AED 607K, 16 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 606,800
- Deposit, UAE resident (20%)
- AED 121,360
- Deposit, non-resident (40%)
- AED 242,720
- Monthly over 25 years at 3.7%
- AED 2,483
Plus AED 30,496 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →