1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 12th floor · completed 2007

1204, The Residences 1 (W3)

Sold prices and rental history: sold 4 times, last in August 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.18M5 August 2020
Current rentAED 150K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, The Residences 1 (W3)

What is 1204 worth today?

Last sold for AED 1,180,000 in 2020

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25 Feb 2026RentedRenewal
AED 150,000/yr12 months · AED 164 per sqft
25 Feb 2025RentedNew contract
AED 150,000/yr12 months · AED 164 per sqft
25 Feb 2025RentedNew contract
AED 150,000/yr12 months · AED 164 per sqft
6 Jan 2024RentedRenewal
AED 155,000/yr12 months · AED 169 per sqft
6 Jan 2023RentedNew contract
AED 150,000/yr12 months · AED 164 per sqft
5 Aug 2020SoldReady
AED 1,180,000AED 1,289 per sqft
7 Feb 2014RentedNew contract
AED 125,000/yr12 months · AED 137 per sqft
28 Jul 2009SoldReady
AED 1,270,000AED 1,387 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
12th of 38
Parking
P-81
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 1.18M · August 2020

About 1204, The Residences 1 (W3)

1204 is a one-bedroom apartment of 915 sqft on the 12th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 5 August 2020 for AED 1,180,000, or AED 1,289 per sqft, in line with the AED 1,289 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 25 February 2026, is AED 150,000 a year: a gross yield of 12.7% on the 2020 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 by developer, January 2009: AED 1,300,000 (AED 1,420 per sqft)Sold, January 2009: AED 1,300,000 (AED 1,420 per sqft)Sold, July 2009: AED 1,270,000 (AED 1,387 per sqft)Sold, August 2020: AED 1,180,000 (AED 1,289 per sqft)

1204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in The Residences 1 (W3)
100K150K2012201620202024Typical 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, February 2014: AED 125,000 a yearNew contract, January 2023: AED 150,000 a yearRenewal, January 2024: AED 155,000 a yearNew contract, February 2025: AED 150,000 a yearNew contract, February 2025: AED 150,000 a yearRenewal, February 2026: AED 150,000 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 1204 sits

All 75 1-beds →

1204 last sold in August 2020 at AED 1,289 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,289). 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. 1204's AED 150,000 is in the upper 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 12th floor

All 185 units in The Residences 1 (W3)
Value
12012-bedAED 1.14M · Sep 2010
12023-bedAED 5.3M · Mar 2012
12032-bedAED 1.55M · Sep 2009
12051-bedAED 679K · Sep 2010

1204, The Residences 1 (W3) in numbers

  • Sold 4 times: first on 14 January 2009 for AED 1,300,000, last on 5 August 2020 for AED 1,180,000 (AED 1,289 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 125,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2020 price is 12.7%, 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 25 February 2026.

Questions about 1204, The Residences 1 (W3)

What did unit 1204 last sell for?

AED 1,180,000 on 5 August 2020: AED 1,289 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 1,300,000 in January 2009.

What is the rent for unit 1204?

AED 150,000 a year on the contract renewed on 25 February 2026. The previous contract, from February 2025, was AED 150,000; the unit has been rented since February 2014.

How big is unit 1204?

915 sqft (85.0 sqm): a one-bedroom apartment on the 12th floor of a 38-storey tower completed in 2007.

What is unit 1204 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 1204, The Residences 1 (W3)

Starts from the last sale price (AED 1.18M, 5 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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