302, 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 302, The Residences 3 (W1)
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Floor
- 3rd of 25
- Parking
- P-243
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,900 /yr
- Last sold
- AED 1.58M · June 2009
- Building
- The Residences 3 (W1)
About 302, The Residences 3 (W1)
302 is a two-bedroom apartment of 1,478 sqft on the 3rd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 22 June 2009 for AED 1,575,000, or AED 1,065 per sqft, 16% above the AED 916 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 250,000 a year: a gross yield of 15.9% on the 2009 price, before the service charge of about AED 31,900 a year.
Sales and rents for 302 over time
302 has sold once; 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 302 sits
All 43 2-beds →302 last sold in June 2009 at AED 1,065 per sqft, 16% above what two-beds in The Residences 3 (W1) were fetching at the time (AED 916).
| 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 3rd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,435 sqft | AED 1.25MAED 1,253,800 · Aug 2008August 2008 | 162,500 /yr | |
| 303 | 1-bed | 986 sqft | AED 1.7MAED 1,700,000 · Aug 2022August 2022 | 125,000 /yr | |
| 304 | 1-bed | 948 sqft | AED 1.45MAED 1,450,000 · Mar 2018March 2018 | 30,000 /yr | |
| 305 | 1-bed | 1,023 sqft | AED 777KAED 776,800 · Sep 2010September 2010 | 90,955 /yr |
302, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 22 June 2009 for AED 1,575,000, or AED 1,065 per sqft.
- Rented since June 2014 on 5 Ejari contracts, from AED 150,990 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2009 price is 15.9%, 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 25 September 2025.
Questions about 302, The Residences 3 (W1)
What did unit 302 last sell for?
AED 1,575,000 on 22 June 2009, sold by the developer: AED 1,065 per sqft for 1,478 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 250,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 250,000; the unit has been rented since June 2014.
How big is unit 302?
1,478 sqft (137.3 sqm): a two-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2007.
What is unit 302 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 302, The Residences 3 (W1)
Starts from the last sale price (AED 1.58M, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,575,000
- Deposit, UAE resident (20%)
- AED 315,000
- Deposit, non-resident (40%)
- AED 630,000
- Monthly over 25 years at 3.7%
- AED 6,444
Plus AED 71,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →