1-bed · 948 sqftThe Residences 3 (W1), Downtown Dubai · 9th floor · completed 2007

904, The Residences 3 (W1)

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

Unit 904 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 626K7 September 2010
Current rentAED 125K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, The Residences 3 (W1)

What is 904 worth today?

Last sold for AED 625,800 in 2010

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15 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 132 per sqft
1 Oct 2023RentedRenewal
AED 89,000/yr12 months · AED 94 per sqft
1 Oct 2022RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
1 Jun 2020RentedNew contract
AED 72,000/yr12 months · AED 76 per sqft
1 Apr 2018RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
21 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
21 Jan 2014RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
7 Sep 2010Sold by developerReady
AED 625,800AED 660 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
948 sqft
Floor
9th of 25
Parking
L1-689
Developer
Emaar
Completed
2007
Service charge
AED 20,400 /yr
Last sold
AED 626K · September 2010

About 904, The Residences 3 (W1)

904 is a one-bedroom apartment of 948 sqft on the 9th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 7 September 2010 for AED 625,800, or AED 660 per sqft, 20% below the AED 828 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 15 December 2024, is AED 125,000 a year: a gross yield of 20.0% on the 2010 price, before the service charge of about AED 20,400 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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 625,800 (AED 660 per sqft)

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

Rents
Unit 904, each contractTypical one-bed in The Residences 3 (W1)
75K100K125K2012201620202024Typical 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, January 2014: AED 110,000 a yearNew contract, January 2015: AED 110,000 a yearNew contract, April 2018: AED 105,000 a yearNew contract, June 2020: AED 72,000 a yearRenewal, October 2022: AED 85,000 a yearRenewal, October 2023: AED 89,000 a yearNew contract, December 2024: AED 125,000 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 904 sits

All 60 1-beds →

904 last sold in September 2010 at AED 660 per sqft, 20% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 828). 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. 904's AED 125,000 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 9th floor

All 111 units in The Residences 3 (W1)
Value
9012-bedAED 1.32M · Dec 2011
9022-bedAED 6.55M · Dec 2014
9031-bedAED 2M · Feb 2016
9051-bedAED 409K · May 2008

904, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 7 September 2010 for AED 625,800, or AED 660 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 72,000 in 2020 and recovered to AED 125,000 by December 2024.
  • At AED 125,000 a year the gross yield on the 2010 price is 20.0%, 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 15 December 2024.

Questions about 904, The Residences 3 (W1)

What did unit 904 last sell for?

AED 625,800 on 7 September 2010, sold by the developer: AED 660 per sqft for 948 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 125,000 a year on the contract signed on 15 December 2024. The previous contract, from October 2023, was AED 89,000; the unit has been rented since January 2014.

How big is unit 904?

948 sqft (88.1 sqm): a one-bedroom apartment on the 9th floor of a 25-storey tower completed in 2007.

What is unit 904 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 904, The Residences 3 (W1)

Starts from the last sale price (AED 626K, 7 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 625,800
Deposit, UAE resident (20%)
AED 125,160
Deposit, non-resident (40%)
AED 250,320
Monthly over 25 years at 3.7%
AED 2,560

Plus AED 31,294 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →