1505, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in November 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, The Residences 1 (W3)
What is 1505 worth today?
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Source: Dubai Land Department. Updated 3 November 2008.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 15th of 38
- Parking
- P-215
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 689K · November 2008
- Building
- The Residences 1 (W3)
About 1505, The Residences 1 (W3)
1505 is a one-bedroom apartment of 1,046 sqft on the 15th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 3 November 2008 for AED 688,800, or AED 658 per sqft, 29% below the AED 933 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1505 over time
1505 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 1505 sits
All 75 1-beds →1505 last sold in November 2008 at AED 658 per sqft, 29% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 933). 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.
| 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 15th floor
All 185 units in The Residences 1 (W3)1505, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 3 November 2008 for AED 688,800, or AED 658 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 3 November 2008.
Questions about 1505, The Residences 1 (W3)
What did unit 1505 last sell for?
AED 688,800 on 3 November 2008, sold by the developer: AED 658 per sqft for 1,046 sqft. It is the only registered sale of the unit.
How big is unit 1505?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 15th floor of a 38-storey tower completed in 2007.
What is unit 1505 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 1505, The Residences 1 (W3)
Starts from the last sale price (AED 689K, 3 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 688,800
- Deposit, UAE resident (20%)
- AED 137,760
- Deposit, non-resident (40%)
- AED 275,520
- Monthly over 25 years at 3.7%
- AED 2,818
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →