1305, The Residences 1 (W3)
Sold prices and rental history: sold 5 times, last in April 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1305, The Residences 1 (W3)
What is 1305 worth today?
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Source: Dubai Land Department. Updated 1 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 13th of 38
- Parking
- P-207
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.29M · April 2021
- Building
- The Residences 1 (W3)
About 1305, The Residences 1 (W3)
1305 is a one-bedroom apartment of 1,046 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 1 April 2021 for AED 1,285,000, or AED 1,228 per sqft, 5% below the AED 1,289 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 22 December 2019, is AED 91,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 22,500 a year.
Sales and rents for 1305 over time
1305 has sold 5 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 1305 sits
All 75 1-beds →1305 last sold in April 2021 at AED 1,228 per sqft, 5% below 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. 1305's AED 91,000 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)1305, The Residences 1 (W3) in numbers
- Sold 5 times: first on 12 November 2009 for AED 619,800, last on 1 April 2021 for AED 1,285,000 (AED 1,228 per sqft).
- Rented since September 2016 on 3 Ejari contracts, from AED 120,000 to AED 91,000 a year.
- At AED 91,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 22,500 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 1 April 2021.
Questions about 1305, The Residences 1 (W3)
What did unit 1305 last sell for?
AED 1,285,000 on 1 April 2021: AED 1,228 per sqft for 1,046 sqft. The unit has 5 registered sales; the first was AED 619,800 in November 2009.
What is the rent for unit 1305?
AED 91,000 a year on the contract signed on 22 December 2019. The previous contract, from December 2017, was AED 95,000; the unit has been rented since September 2016.
How big is unit 1305?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 13th floor of a 38-storey tower completed in 2007.
What is unit 1305 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 1305, The Residences 1 (W3)
Starts from the last sale price (AED 1.29M, 1 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,000
- Deposit, UAE resident (20%)
- AED 257,000
- Deposit, non-resident (40%)
- AED 514,000
- Monthly over 25 years at 3.7%
- AED 5,257
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →