1304, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, The Residences 1 (W3)
What is 1304 worth today?
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Source: Dubai Land Department. Updated 25 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 13th of 38
- Parking
- P-206
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.3M · January 2012
- Building
- The Residences 1 (W3)
About 1304, The Residences 1 (W3)
1304 is a one-bedroom apartment of 915 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 23 January 2012 for AED 1,300,000, or AED 1,420 per sqft, 50% above the AED 945 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 120,000 a year: a gross yield of 9.2% on the 2012 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1304 over time
1304 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 1304 sits
All 75 1-beds →1304 last sold in January 2012 at AED 1,420 per sqft, 50% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 945). 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. 1304's AED 120,000 is in the lower half 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 171K /yr
- Typical yield
- 4.2%
Other units on the 13th floor
All 185 units in The Residences 1 (W3)1304, The Residences 1 (W3) in numbers
- Sold 3 times: first on 11 March 2009 for AED 1,193,070, last on 23 January 2012 for AED 1,300,000 (AED 1,420 per sqft).
- Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 65,000 in 2020 and recovered to AED 120,000 by August 2023.
- At AED 120,000 a year the gross yield on the 2012 price is 9.2%, 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 August 2023.
Questions about 1304, The Residences 1 (W3)
What did unit 1304 last sell for?
AED 1,300,000 on 23 January 2012: AED 1,420 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 1,193,070 in March 2009.
What is the rent for unit 1304?
AED 120,000 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 110,000; the unit has been rented since May 2014.
How big is unit 1304?
915 sqft (85.0 sqm): a one-bedroom apartment on the 13th floor of a 38-storey tower completed in 2007.
What is unit 1304 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 1304, The Residences 1 (W3)
Starts from the last sale price (AED 1.3M, 23 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →