2-bed · 1,452 sqftThe Residences 1 (W3), Downtown Dubai · 11th floor · completed 2007

1101, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 1.14M13 September 2010
Current rentAED 122K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, The Residences 1 (W3)

What is 1101 worth today?

Last sold for AED 1,138,800 in 2010

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25 Jan 2025RentedRenewal
AED 122,000/yr12 months · AED 84 per sqft
25 Jan 2025RentedRenewal
AED 122,000/yr12 months · AED 84 per sqft
25 Jan 2024RentedRenewal
AED 114,000/yr12 months · AED 78 per sqft
25 Jan 2023RentedRenewal
AED 103,500/yr12 months · AED 71 per sqft
25 Jan 2022RentedRenewal
AED 90,000/yr12 months · AED 62 per sqft
25 Dec 2020RentedNew contract
AED 90,000/yr13 months · AED 62 per sqft
5 Jan 2020RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
17 Apr 2014RentedNew contract
AED 152,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
11th of 38
Parking
P-75
Developer
Emaar
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 1.14M · September 2010

About 1101, The Residences 1 (W3)

1101 is a two-bedroom apartment of 1,452 sqft on the 11th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 13 September 2010 for AED 1,138,800, or AED 784 per sqft, 25% below the AED 1,052 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 122,000 a year: a gross yield of 10.7% on the 2010 price, before the service charge of about AED 31,300 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, September 2010: AED 1,138,800 (AED 784 per sqft)

1101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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, April 2014: AED 152,000 a yearNew contract, January 2020: AED 115,000 a yearNew contract, December 2020: AED 90,000 a yearRenewal, January 2022: AED 90,000 a yearRenewal, January 2023: AED 103,500 a yearRenewal, January 2024: AED 114,000 a yearRenewal, January 2025: AED 122,000 a yearRenewal, January 2025: AED 122,000 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 1101 sits

All 69 2-beds →

1101 last sold in September 2010 at AED 784 per sqft, 25% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,052). 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. 1101's AED 122,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
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 11th floor

All 185 units in The Residences 1 (W3)
Value
11023-bedAED 9M · Jul 2014
11032-bedAED 1.53M · Sep 2010
11041-bedAED 729K · Jan 2012
11051-bedAED 1.52M · Nov 2022

1101, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 13 September 2010 for AED 1,138,800, or AED 784 per sqft.
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 152,000 to AED 90,000 in 2022 and recovered to AED 122,000 by January 2025.
  • At AED 122,000 a year the gross yield on the 2010 price is 10.7%, 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 25 January 2025.

Questions about 1101, The Residences 1 (W3)

What did unit 1101 last sell for?

AED 1,138,800 on 13 September 2010, sold by the developer: AED 784 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 122,000 a year on the contract renewed on 25 January 2025. The previous contract, from January 2025, was AED 122,000; the unit has been rented since April 2014.

How big is unit 1101?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 11th floor of a 38-storey tower completed in 2007.

What is unit 1101 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 1101, The Residences 1 (W3)

Starts from the last sale price (AED 1.14M, 13 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,138,800
Deposit, UAE resident (20%)
AED 227,760
Deposit, non-resident (40%)
AED 455,520
Monthly over 25 years at 3.7%
AED 4,659

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