1-bed · 986 sqftThe Residences 3 (W1), Downtown Dubai · 8th floor · completed 2007

803, The Residences 3 (W1)

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 2.1M10 August 2016
Current rentAED 135K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, The Residences 3 (W1)

What is 803 worth today?

Last sold for AED 2,100,000 in 2016

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27 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 136 per sqft
24 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft
24 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
24 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 111 per sqft
10 Aug 2016SoldReady
AED 2,100,000AED 2,129 per sqft
18 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
18 Jul 2013RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
7 Sep 2010Sold by developerReady
AED 1,336,500AED 1,355 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2025.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
8th of 25
Parking
L1-771
Developer
Emaar
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.1M · August 2016

About 803, The Residences 3 (W1)

803 is a one-bedroom apartment of 986 sqft on the 8th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 10 August 2016 for AED 2,100,000, or AED 2,129 per sqft, 5% above the AED 2,028 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 February 2025, is AED 135,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 21,200 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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 1,336,500 (AED 1,355 per sqft)Sold, August 2016: AED 2,100,000 (AED 2,129 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in The Residences 3 (W1)
100K2012201620202024Typical 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, July 2013: AED 115,000 a yearNew contract, July 2016: AED 120,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, August 2018: AED 105,000 a yearRenewal, August 2019: AED 100,000 a yearNew contract, February 2025: AED 135,000 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 803 sits

All 60 1-beds →

803 last sold in August 2016 at AED 2,129 per sqft, 5% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 2,028). 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. 803's AED 135,000 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 8th floor

All 111 units in The Residences 3 (W1)
Value
8012-bedAED 4.68M · Jul 2013
8022-bedAED 4.95M · Oct 2024
8041-bedAED 565K · Oct 2008
8051-bedAED 813K · Jan 2013

803, The Residences 3 (W1) in numbers

  • Sold twice: first on 7 September 2010 for AED 1,336,500, last on 10 August 2016 for AED 2,100,000 (AED 2,129 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2019 and recovered to AED 135,000 by February 2025.
  • At AED 135,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 21,200 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 27 February 2025.

Questions about 803, The Residences 3 (W1)

What did unit 803 last sell for?

AED 2,100,000 on 10 August 2016: AED 2,129 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 1,336,500 in September 2010.

What is the rent for unit 803?

AED 135,000 a year on the contract signed on 27 February 2025. The previous contract, from August 2019, was AED 100,000; the unit has been rented since July 2013.

How big is unit 803?

986 sqft (91.6 sqm): a one-bedroom apartment on the 8th floor of a 25-storey tower completed in 2007.

What is unit 803 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 803, The Residences 3 (W1)

Starts from the last sale price (AED 2.1M, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →