1404, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, The Residences 1 (W3)
What is 1404 worth today?
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Source: Dubai Land Department. Updated 16 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 14th of 38
- Parking
- P-210
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 744K · October 2012
- Building
- The Residences 1 (W3)
About 1404, The Residences 1 (W3)
1404 is a one-bedroom apartment of 915 sqft on the 14th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 3 October 2012 for AED 743,800, or AED 812 per sqft, 40% below the AED 1,346 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 16 September 2026, is AED 100,000 a year: a gross yield of 13.4% on the 2012 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1404 over time
1404 has sold once; 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 1404 sits
All 75 1-beds →1404 last sold in October 2012 at AED 812 per sqft, 40% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,346). 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. 1404's AED 100,000 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 14th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,452 sqft | AED 3.2MAED 3,200,000 · Apr 2014April 2014 | 160,000 /yr | |
| 1402 | 3-bed | 2,082 sqft | AED 7.5MAED 7,500,000 · Jan 2017January 2017 | ||
| 1403 | 2-bed | 1,629 sqft | AED 5.2MAED 5,200,000 · Jan 2024January 2024 | 191,063 /yr | |
| 1405 | 1-bed | 1,046 sqft | AED 1.4MAED 1,400,000 · Aug 2021August 2021 | 120,000 /yr |
1404, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 3 October 2012 for AED 743,800, or AED 812 per sqft.
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 97,500 to AED 72,000 in 2021 and recovered to AED 100,000 by September 2026.
- At AED 100,000 a year the gross yield on the 2012 price is 13.4%, 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 16 September 2026.
Questions about 1404, The Residences 1 (W3)
What did unit 1404 last sell for?
AED 743,800 on 3 October 2012, sold by the developer: AED 812 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 100,000 a year on the contract signed on 16 September 2026. The previous contract, from May 2025, was AED 91,476; the unit has been rented since August 2013.
How big is unit 1404?
915 sqft (85.0 sqm): a one-bedroom apartment on the 14th floor of a 38-storey tower completed in 2007.
What is unit 1404 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 1404, The Residences 1 (W3)
Starts from the last sale price (AED 744K, 3 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 743,800
- Deposit, UAE resident (20%)
- AED 148,760
- Deposit, non-resident (40%)
- AED 297,520
- Monthly over 25 years at 3.7%
- AED 3,043
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →