1302, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, The Residences 1 (W3)
What is 1302 worth today?
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Source: Dubai Land Department. Updated 16 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 13th of 38
- Parking
- G-611,G-612
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 7.5M · June 2013
- Building
- The Residences 1 (W3)
About 1302, The Residences 1 (W3)
1302 is a three-bedroom apartment of 2,082 sqft on the 13th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 12 June 2013 for AED 7,500,000, or AED 3,602 per sqft.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 150,000 a year: a gross yield of 2.0% on the 2013 price, before the service charge of about AED 44,900 a year.
Sales and rents for 1302 over time
1302 has sold twice; 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 1302 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. 1302's AED 150,000 is at the bottom 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 13th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,452 sqft | AED 1.15MAED 1,150,800 · Aug 2008August 2008 | 175,000 /yr | |
| 1303 | 2-bed | 1,629 sqft | AED 3.2MAED 3,200,000 · Nov 2010November 2010 | ||
| 1304 | 1-bed | 915 sqft | AED 1.3MAED 1,300,000 · Jan 2012January 2012 | 120,000 /yr | |
| 1305 | 1-bed | 1,046 sqft | AED 1.29MAED 1,285,000 · Apr 2021April 2021 | 91,000 /yr |
1302, The Residences 1 (W3) in numbers
- Sold twice: first on 1 August 2010 for AED 1,992,800, last on 12 June 2013 for AED 7,500,000 (AED 3,602 per sqft).
- Rented since May 2023 on 4 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2013 price is 2.0%, 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 16 May 2025.
Questions about 1302, The Residences 1 (W3)
What did unit 1302 last sell for?
AED 7,500,000 on 12 June 2013: AED 3,602 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 1,992,800 in August 2010.
What is the rent for unit 1302?
AED 150,000 a year on the contract renewed on 16 May 2025. The previous contract, from May 2025, was AED 150,000; the unit has been rented since May 2023.
How big is unit 1302?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 13th floor of a 38-storey tower completed in 2007.
What is unit 1302 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 1302, The Residences 1 (W3)
Starts from the last sale price (AED 7.5M, 12 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 7,500,000
- Deposit, UAE resident (20%)
- AED 1,500,000
- Deposit, non-resident (40%)
- AED 3,000,000
- Monthly over 25 years at 3.7%
- AED 30,685
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →