2-bed · 1,452 sqftThe Residences 1 (W3), Downtown Dubai · 10th floor · completed 2007

1001, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 12 May 2026
Last soldAED 3.85M4 February 2026
Current rentAED 194K /yr12 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, The Residences 1 (W3)

What is 1001 worth today?

Last sold for AED 3,850,000 in 2026

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12 May 2026RentedRenewal
AED 194,018/yr2 months · AED 134 per sqft
11 Feb 2026RentedNew contract
AED 178,085/yr3 months · AED 123 per sqft
4 Feb 2026SoldReady
AED 3,850,000AED 2,651 per sqft
12 May 2024RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
18 Oct 2023RentedRenewal
AED 137,940/yr12 months · AED 96 per sqft
18 Oct 2022RentedRenewal
AED 114,950/yr12 months · AED 80 per sqft
16 Oct 2021RentedNew contract
AED 103,941/yr12 months · AED 72 per sqft
17 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 12 May 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
10th of 38
Parking
P-69
Developer
Emaar
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 3.85M · February 2026

About 1001, The Residences 1 (W3)

1001 is a two-bedroom apartment of 1,452 sqft on the 10th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 4 February 2026 for AED 3,850,000, or AED 2,651 per sqft, in line with the AED 2,616 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 12 May 2026, is AED 194,018 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 31,300 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, November 2008: AED 1,132,800 (AED 780 per sqft)Sold, March 2012: AED 2,190,000 (AED 1,508 per sqft)Sold, February 2026: AED 3,850,000 (AED 2,651 per sqft)

1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in The Residences 1 (W3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500New contract, January 2013: AED 145,000 a yearNew contract, January 2014: AED 145,000 a yearNew contract, February 2015: AED 170,000 a yearNew contract, February 2016: AED 170,000 a yearRenewal, February 2017: AED 170,000 a yearRenewal, February 2018: AED 165,000 a yearNew contract, October 2018: AED 114,500 a yearNew contract, October 2020: AED 95,000 a yearNew contract, October 2021: AED 103,941 a yearRenewal, October 2022: AED 114,950 a yearRenewal, October 2023: AED 137,940 a yearNew contract, May 2024: AED 180,000 a yearNew contract, February 2026: AED 178,085 a yearRenewal, May 2026: AED 194,018 a year

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 1 (W3), and where 1001 sits

All 69 2-beds →

1001 last sold in February 2026 at AED 2,651 per sqft, in line with what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,616). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 156,839 to 280,000 a year. 1001's AED 194,018 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
30 Jan 20263,800,000
3 Jun 20253,765,037
17 Apr 20253,650,000
3 2-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 apartments, 1-bed to 5-bed over 38 floors in Downtown Dubai, completed in 2007 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,958
Typical sale
AED 4.53M
Typical rent
AED 171K /yr
Typical yield
4.2%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 185 units in The Residences 1 (W3)
Value
10023-bedAED 4.1M · Sep 2020
10032-bedAED 2.8M · May 2010
10041-bedAED 2.2M · Oct 2014
10051-bedAED 611K · Sep 2010

1001, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 18 November 2008 for AED 1,132,800, last on 4 February 2026 for AED 3,850,000 (AED 2,651 per sqft).
  • Rented since January 2013 on 14 Ejari contracts. The rent fell from AED 145,000 to AED 95,000 in 2020 and recovered to AED 194,018 by May 2026.
  • At AED 194,018 a year the gross yield on the 2026 price is 5.0%, before a service charge of about AED 31,300 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,958 per sqft.

Source: Dubai Land Department. Updated 12 May 2026.

Questions about 1001, The Residences 1 (W3)

What did unit 1001 last sell for?

AED 3,850,000 on 4 February 2026: AED 2,651 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 1,132,800 in November 2008.

What is the rent for unit 1001?

AED 194,018 a year on the contract renewed on 12 May 2026. The previous contract, from February 2026, was AED 178,085; the unit has been rented since January 2013.

How big is unit 1001?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 10th floor of a 38-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 1001, The Residences 1 (W3)

Starts from the last sale price (AED 3.85M, 4 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →