
1002, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, The Residences 1 (W3)
What is 1002 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 10th of 38
- Parking
- G-603,G-604
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 4.1M · September 2020
- Building
- The Residences 1 (W3)
About 1002, The Residences 1 (W3)
1002 is a three-bedroom apartment of 2,082 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 29 September 2020 for AED 4,100,000, or AED 1,969 per sqft.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 August 2026, is AED 260,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 44,900 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 1 (W3), and where 1002 sits
All 40 3-beds →Over the last 12 months three-beds sold for AED 7,050,000 to 20,000,000, around AED 3,410 per sqft, and rent for AED 223,200 to 390,000 a year. 1002's AED 260,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 2,082 sqft | 7,050,000 | 3,386 | ||
| 28 Jan 202628 January 2026 | 2,082 sqft | 7,100,000 | 3,410 | ||
| 14 Jan 202614 January 2026 | 3,289 sqft | 20,000,000 | 6,080 | ||
| 15 Sep 202515 September 2025 | 2,082 sqft | 7,300,000 | 3,506 |
The Residences 1 (W3)
Building185 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%
Other units on the 10th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,452 sqft | AED 3.85MAED 3,850,000 · Feb 2026February 2026 | 194,018 /yr | |
| 1003 | 2-bed | 1,629 sqft | AED 2.8MAED 2,800,000 · May 2010May 2010 | 180,000 /yr | |
| 1004 | 1-bed | 915 sqft | AED 2.2MAED 2,200,000 · Oct 2014October 2014 | 95,832 /yr | |
| 1005 | 1-bed | 1,046 sqft | AED 611KAED 610,800 · Sep 2010September 2010 | 120,000 /yr |
1002, The Residences 1 (W3) in numbers
- Sold 3 times: first on 13 May 2009 for AED 3,365,385, last on 29 September 2020 for AED 4,100,000 (AED 1,969 per sqft).
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 198,895 to AED 155,000 in 2019 and recovered to AED 260,000 by August 2026.
- At AED 260,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
- Three-beds in The Residences 1 (W3) sold for AED 7,050,000–20,000,000 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 1 August 2026.
Questions about 1002, The Residences 1 (W3)
What did unit 1002 last sell for?
AED 4,100,000 on 29 September 2020: AED 1,969 per sqft for 2,082 sqft. The unit has 3 registered sales; the first was AED 3,365,385 in May 2009.
What is the rent for unit 1002?
AED 260,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 300,000; the unit has been rented since November 2013.
How big is unit 1002?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 10th floor of a 38-storey tower completed in 2007.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,050,000 to 20,000,000 in the last 12 months, around AED 3,410 per sqft.
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Mortgage on 1002, The Residences 1 (W3)
Starts from the last sale price (AED 4.1M, 29 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →