103, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in February 2013, 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 103, The Residences 1 (W3)
What is 103 worth today?
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Source: Dubai Land Department. Updated 11 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,348 sqft
- Floor
- 1st of 38
- Parking
- P-74
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 29,000 /yr
- Last sold
- AED 3.4M · February 2013
- Building
- The Residences 1 (W3)
About 103, The Residences 1 (W3)
103 is a one-bedroom apartment of 1,348 sqft on the 1st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 February 2013 for AED 3,400,000, or AED 2,522 per sqft, 74% above the AED 1,448 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 11 January 2023, is AED 90,000 a year: a gross yield of 2.6% on the 2013 price, before the service charge of about AED 29,000 a year.
Sales and rents for 103 over time
103 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 103 sits
All 75 1-beds →103 last sold in February 2013 at AED 2,522 per sqft, 74% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,448). 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. 103's AED 90,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,046 sqft | 2,850,000 | 2,724 | ||
| 12 Jan 202612 January 2026 | 915 sqft | 2,300,000 | 2,513 | ||
| 7 Nov 20257 November 2025 | 1,046 sqft | 2,300,000 | 2,198 | ||
| 4 Sep 20254 September 2025 | 915 sqft | 2,600,000 | 2,841 |
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 170K /yr
- Typical yield
- 4.2%
Other units on the 1st floor
All 185 units in The Residences 1 (W3)103, The Residences 1 (W3) in numbers
- Sold 3 times: first on 12 January 2009 for AED 2,800,000, last on 6 February 2013 for AED 3,400,000 (AED 2,522 per sqft).
- Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 200,400 to AED 78,000 in 2020 and recovered to AED 90,000 by January 2023.
- At AED 90,000 a year the gross yield on the 2013 price is 2.6%, before a service charge of about AED 29,000 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 11 January 2023.
Questions about 103, The Residences 1 (W3)
What did unit 103 last sell for?
AED 3,400,000 on 6 February 2013: AED 2,522 per sqft for 1,348 sqft. The unit has 3 registered sales; the first was AED 2,800,000 in January 2009.
What is the rent for unit 103?
AED 90,000 a year on the contract renewed on 11 January 2023. The previous contract, from December 2021, was AED 90,000; the unit has been rented since February 2013.
How big is unit 103?
1,348 sqft (125.2 sqm): a one-bedroom apartment on the 1st floor of a 38-storey tower completed in 2007.
What is unit 103 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 103, The Residences 1 (W3)
Starts from the last sale price (AED 3.4M, 6 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →