1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 10th floor · completed 2007

1004, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 6 July 2025
Last soldAED 2.2M16 October 2014
Current rentAED 96K /yr6 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, The Residences 1 (W3)

What is 1004 worth today?

Last sold for AED 2,200,000 in 2014

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6 Jul 2025RentedRenewal
AED 95,832/yr12 months · AED 105 per sqft
6 Jul 2024RentedRenewal
AED 87,120/yr12 months · AED 95 per sqft
6 Jul 2023RentedRenewal
AED 79,200/yr12 months · AED 87 per sqft
6 Jul 2022RentedRenewal
AED 72,000/yr12 months · AED 79 per sqft
6 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 79 per sqft
15 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
20 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
16 Oct 2014SoldReady
AED 2,200,000AED 2,404 per sqft

Source: Dubai Land Department. Updated 6 July 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
10th of 38
Parking
P-71
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 2.2M · October 2014

About 1004, The Residences 1 (W3)

1004 is a one-bedroom apartment of 915 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 16 October 2014 for AED 2,200,000, or AED 2,404 per sqft, 20% above the AED 2,007 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 6 July 2025, is AED 95,832 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in The Residences 1 (W3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,050,000; 2009 AED 1,146,535; 2010 AED 725,800; 2011 AED 1,030,000; 2012 AED 1,362,500; 2013 AED 1,712,500; 2014 AED 2,175,000; 2015 AED 2,047,500; 2016 AED 1,937,500; 2020 AED 1,225,000; 2021 AED 1,400,000; 2022 AED 1,502,444; 2023 AED 1,845,000; 2024 AED 2,000,000; 2025 AED 2,360,000Sold, September 2011: AED 1,280,000 (AED 1,398 per sqft)Sold by developer, September 2011: AED 723,800 (AED 791 per sqft)Sold, October 2014: AED 2,200,000 (AED 2,404 per sqft)

1004 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in The Residences 1 (W3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 119,000; 2015 AED 123,750; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 96,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 104,706; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 120,000New contract, August 2013: AED 99,732 a yearNew contract, May 2014: AED 120,000 a yearNew contract, September 2018: AED 95,000 a yearNew contract, December 2019: AED 85,000 a yearNew contract, July 2021: AED 72,000 a yearRenewal, July 2022: AED 72,000 a yearRenewal, July 2023: AED 79,200 a yearRenewal, July 2024: AED 87,120 a yearRenewal, July 2025: AED 95,832 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 1 (W3), and where 1004 sits

All 75 1-beds →

1004 last sold in October 2014 at AED 2,404 per sqft, 20% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 2,007). Over the last 12 months one-beds sold for AED 2,300,000 to 2,850,000, around AED 2,619 per sqft, and rent for AED 90,000 to 160,000 a year. 1004's AED 95,832 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
12 Jan 20262,300,000
7 Nov 20252,300,000
4 Sep 20252,600,000
2 1-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
10012-bedAED 3.85M · Feb 2026
10023-bedAED 4.1M · Sep 2020
10032-bedAED 2.8M · May 2010
10051-bedAED 611K · Sep 2010

1004, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 11 September 2011 for AED 723,800, last on 16 October 2014 for AED 2,200,000 (AED 2,404 per sqft).
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 99,732 to AED 72,000 in 2022 and recovered to AED 95,832 by July 2025.
  • At AED 95,832 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 19,700 a year (AED 21.55 per sqft).
  • One-beds in The Residences 1 (W3) sold for AED 2,300,000–2,850,000 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 6 July 2025.

Questions about 1004, The Residences 1 (W3)

What did unit 1004 last sell for?

AED 2,200,000 on 16 October 2014: AED 2,404 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 723,800 in September 2011.

What is the rent for unit 1004?

AED 95,832 a year on the contract renewed on 6 July 2025. The previous contract, from July 2024, was AED 87,120; the unit has been rented since August 2013.

How big is unit 1004?

915 sqft (85.0 sqm): a one-bedroom apartment on the 10th floor of a 38-storey tower completed in 2007.

What is unit 1004 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 1 (W3) sold for AED 2,300,000 to 2,850,000 in the last 12 months, around AED 2,619 per sqft.

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Mortgage on 1004, The Residences 1 (W3)

Starts from the last sale price (AED 2.2M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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