2302, The Residences 3 (W1)
Sold prices and rental history: sold 4 times, last in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, The Residences 3 (W1)
What is 2302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Floor
- 23rd of 25
- Parking
- L1-731
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,900 /yr
- Last sold
- AED 5.35M · September 2015
- Building
- The Residences 3 (W1)
About 2302, The Residences 3 (W1)
2302 is a two-bedroom apartment of 1,478 sqft on the 23rd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 7 September 2015 for AED 5,350,000, or AED 3,619 per sqft, 8% below the AED 3,919 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 2 July 2025, is AED 220,000 a year: a gross yield of 4.1% on the 2015 price, before the service charge of about AED 31,900 a year.
Sales and rents for 2302 over time
2302 has sold 4 times; 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 2302 sits
All 43 2-beds →2302 last sold in September 2015 at AED 3,619 per sqft, 8% below what two-beds in The Residences 3 (W1) were fetching at the time (AED 3,919).
| 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 23rd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,435 sqft | AED 2.5MAED 2,500,000 · Dec 2020December 2020 | 193,063 /yr | |
| 2303 | 1-bed | 986 sqft | AED 2.05MAED 2,050,000 · Aug 2022August 2022 | 109,793 /yr | |
| 2304 | 1-bed | 948 sqft | AED 468KAED 467,944 · May 2008May 2008 | 125,000 /yr | |
| 2305 | 1,023 sqft | AED 2.5MAED 2,500,000 · Nov 2025November 2025 | 145,000 /yr |
2302, The Residences 3 (W1) in numbers
- Sold 4 times: first on 4 November 2012 for AED 3,330,000, last on 7 September 2015 for AED 5,350,000 (AED 3,619 per sqft).
- Rented since November 2015 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 147,000 in 2022 and recovered to AED 220,000 by July 2025.
- At AED 220,000 a year the gross yield on the 2015 price is 4.1%, before a service charge of about AED 31,900 a year (AED 21.55 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2025.
Questions about 2302, The Residences 3 (W1)
What did unit 2302 last sell for?
AED 5,350,000 on 7 September 2015: AED 3,619 per sqft for 1,478 sqft. The unit has 4 registered sales; the first was AED 3,330,000 in November 2012.
What is the rent for unit 2302?
AED 220,000 a year on the contract renewed on 2 July 2025. The previous contract, from July 2024, was AED 220,000; the unit has been rented since November 2015.
How big is unit 2302?
1,478 sqft (137.3 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2007.
What is unit 2302 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 2302, The Residences 3 (W1)
Starts from the last sale price (AED 5.35M, 7 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 5,350,000
- Deposit, UAE resident (20%)
- AED 1,070,000
- Deposit, non-resident (40%)
- AED 2,140,000
- Monthly over 25 years at 3.7%
- AED 21,889
Plus AED 229,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →