BuildingDowntown Dubai · Emaar · 2007

The Residences 1 (W3)

One-beds to five-beds in Downtown Dubai. 8 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 November 2026
Typical price per sqftAED 2,9588 sales
Typical saleAED 4.53M8 sales
Typical rentAED 171K /yrAED 125 per sqft
Typical yield4.2%AED 21.55/sqft charge

About The Residences 1 (W3)

The Residences 1 (W3) is an apartment building in Downtown Dubai, developed by Emaar and completed in 2007. It has 38 storeys and 185 apartments, from one-bedroom to five-bedroom, with sizes from 523 to 7,059 sqft. Neighbouring buildings include Grande Signature Residences, The Residences 4 (E1) and The Residences 3 (W1). Several everyday places are within walking distance. Burj Park is about 100 m away, and Spinneys and Toddler Town British Nursery are each about 200 m away. Al Rifai Roastery is about 300 m away, Amana Healthcare about 400 m, and Blossom Business Bay Nursery about 500 m. Burj Khalifa/ Dubai Mall Metro Station is about 900 m away.

185 apartments over 38 floors: 75 one-beds of 523 to 1,686 sqft, 69 two-beds of 1,452 to 2,117 sqft, 40 three-beds of 1,041 to 3,546 sqft and 1 five-bed of 7,059 sqft. The service charge is AED 21.55 per sqft a year.

8 apartments sold in the 12 months to November 2026, at a median of AED 2,958 per sqft. 71 rental contracts were registered over the same 12 months, at a typical AED 171,000 a year.

Developer
Emaar
Completed
2007
Floors
38
Units
185
Unit types
1-bed to 5-bed

Downtown Dubai, Dubai

Average prices in The Residences 1 (W3)

In The Residences 1 (W3), typical sale prices over the last 12 months were around AED 2,580,000 for one-beds, AED 3,850,000 for two-beds and AED 7,100,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in The Residences 1 (W3)

2,5003,0003,500May 2026Nov 20262026-01-12: AED 2,513, 1-bed, 915 sqft2026-01-14: AED 6,080, 3-bed, 3,289 sqft2026-01-28: AED 3,410, 3-bed, 2,082 sqft2026-01-30: AED 2,616, 2-bed, 1,452 sqft2026-02-04: AED 2,651, 2-bed, 1,452 sqft2026-02-09: AED 3,192, 2-bed, 1,629 sqft2026-02-10: AED 2,724, 1-bed, 1,046 sqft2026-09-17: AED 3,386, 3-bed, 2,082 sqftTrend: AED 3,346 to AED 3,210

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in The Residences 1 (W3)

  • Completed3-bed · 2,081 sqft 17 Sep 2026AED 7,050,0003,386 /sqft
  • Completed1-bed · 1,046 sqft 10 Feb 2026AED 2,850,0002,725 /sqft
  • Completed2-bed · 1,629 sqft 09 Feb 2026AED 5,200,0003,192 /sqft
  • Completed2-bed · 1,452 sqft 04 Feb 2026AED 3,850,0002,651 /sqft
  • Completed2-bed · 1,452 sqft 30 Jan 2026AED 3,800,0002,617 /sqft
  • Completed3-bed · 2,081 sqft 28 Jan 2026AED 7,100,0003,410 /sqft
  • Completed3-bed · 3,289 sqft 14 Jan 2026AED 20,000,0006,081 /sqft
  • Completed1-bed · 915 sqft 12 Jan 2026AED 2,300,0002,514 /sqft
  • Completed1-bed · 1,046 sqft 07 Nov 2025AED 2,300,0002,199 /sqft
  • Completed5-bed · 7,058 sqft 15 Sep 2025AED 20,750,0002,940 /sqft

Over the last 12 months, The Residences 1 (W3) has recorded 8 apartment sales. Typical homes sold for around AED 4.53M (about AED 2,958 per sqft) with a median size of 1,541 sqft, from roughly AED 2.3M to AED 20M.

1–10 of 390

Units in The Residences 1 (W3)

185 units
  • Unit 1011-bed · 1,121 sqftSold AED 2.2M, May 2024
  • Unit 1023-bed · 2,082 sqftSold AED 5.5M, Jun 2024
  • Unit 1031-bed · 1,348 sqftSold AED 3.4M, Feb 2013
  • Unit 2012-bed · 2,117 sqftSold AED 1.27M, Jan 2011
  • Unit 2023-bed · 2,082 sqftSold AED 4.25M, Apr 2011
  • Unit 2031-bed · 1,318 sqftSold AED 2.2M, Jul 2012
  • Unit 2041-bed · 1,686 sqftSold AED 977K, Jun 2009
  • Unit 2051-bed · 1,512 sqftSold AED 838K, Nov 2008
  • Unit 3012-bed · 1,452 sqftSold AED 1.09M, Jul 2010
  • Unit 3023-bed · 2,082 sqftSold AED 4.65M, Dec 2014
1–10 of 185
Every unit in The Residences 1 (W3), by number

By type: one-beds (75), two-beds (69), three-beds (40), five-beds (1).

Nearby in Downtown Dubai

All 104 →
BuildingSale /sqftYield
Grande Signature ResidencesAED 3,3934.9%
The Residences 4 (E1)AED 3,2103.8%
The Residences 3 (W1)AED 2,4925.2%
29 Burj Boulevard PodiumAED 2,0126.6%
29 Burj Boulevard Tower 1AED 2,3245.7%
1–5 of 103 · nearest first

The Residences 1 (W3) in numbers

  • Across 8 DLD sales in the 12 months to November 2026, the median price in The Residences 1 (W3) was AED 2,958 per sqft and the typical home sold for about AED 4.53M.
  • Completed in 2007 by Emaar; 38 floors of one-beds to five-beds; service charge AED 21.55 per sqft a year.
  • An one-bed of 523 to 1,686 sqft rents for AED 90,000 to 160,000 a year on the 30 contracts registered in the last 12 months.
  • Gross rental yield 4.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 November 2026.

Questions

How much does a two-bed in The Residences 1 (W3) cost?

3 two-beds sold in the 12 months to November 2026, for AED 3,800,000 to 5,200,000; the median was AED 3,850,000, or AED 2,651 per sqft.

How much is an one-bed for rent in The Residences 1 (W3)?

About AED 123,000 a year: that is the median of the 30 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 90,000 to 160,000.

What is the rental yield in The Residences 1 (W3)?

About 4.2% gross across the building, from about 4.7% for two-beds to 4.4% for three-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in The Residences 1 (W3)?

AED 21.55 per sqft a year. For a typical 1,541 sqft home that is about AED 33,200 a year.

Who built The Residences 1 (W3) and when?

Emaar; completed in 2007; 38 floors; 185 apartments.

How many apartments are there in The Residences 1 (W3)?

185, one-beds to five-beds. Each has its own page with its full sales and rental history.

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