1405, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in August 2021, 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 1405, The Residences 1 (W3)
What is 1405 worth today?
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Source: Dubai Land Department. Updated 18 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 14th of 38
- Parking
- P-211
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.4M · August 2021
- Building
- The Residences 1 (W3)
About 1405, The Residences 1 (W3)
1405 is a one-bedroom apartment of 1,046 sqft on the 14th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 31 August 2021 for AED 1,400,000, or AED 1,338 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 18 January 2026, is AED 120,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 22,500 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 75 1-beds →1405 last sold in August 2021 at AED 1,338 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,338). 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. 1405'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 14th floor
All 185 units in The Residences 1 (W3)1405, The Residences 1 (W3) in numbers
- Sold twice: first on 15 August 2010 for AED 342,900, last on 31 August 2021 for AED 1,400,000 (AED 1,338 per sqft).
- Rented since August 2014 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 81,064 in 2019 and recovered to AED 120,000 by January 2026.
- At AED 120,000 a year the gross yield on the 2021 price is 8.6%, 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 18 January 2026.
Questions about 1405, The Residences 1 (W3)
What did unit 1405 last sell for?
AED 1,400,000 on 31 August 2021: AED 1,338 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 342,900 in August 2010.
What is the rent for unit 1405?
AED 120,000 a year on the contract signed on 18 January 2026. The previous contract, from March 2020, was AED 81,500; the unit has been rented since August 2014.
How big is unit 1405?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 14th floor of a 38-storey tower completed in 2007.
What is unit 1405 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 1405, The Residences 1 (W3)
Starts from the last sale price (AED 1.4M, 31 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →