2002, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, The Residences 1 (W3)
What is 2002 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 20th of 38
- Parking
- G-648,G-649
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.8M · February 2011
- Building
- The Residences 1 (W3)
About 2002, The Residences 1 (W3)
2002 is a three-bedroom apartment of 2,082 sqft on the 20th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 13 February 2011 for AED 2,800,000, or AED 1,344 per sqft, 31% above the AED 1,028 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 275,000 a year: a gross yield of 9.8% on the 2011 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2002 over time
2002 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 1 (W3), and where 2002 sits
All 40 3-beds →2002 last sold in February 2011 at AED 1,344 per sqft, 31% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,028). Over the last 12 months three-beds sold for AED 7,050,000 to 20,000,000, around AED 3,410 per sqft, and rent for AED 223,200 to 390,000 a year. 2002's AED 275,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 2,082 sqft | 7,050,000 | 3,386 | ||
| 28 Jan 202628 January 2026 | 2,082 sqft | 7,100,000 | 3,410 | ||
| 14 Jan 202614 January 2026 | 3,289 sqft | 20,000,000 | 6,080 | ||
| 15 Sep 202515 September 2025 | 2,082 sqft | 7,300,000 | 3,506 |
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 20th floor
All 185 units in The Residences 1 (W3)2002, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 13 February 2011 for AED 2,800,000, or AED 1,344 per sqft.
- Rented since April 2012 on 11 Ejari contracts. The rent fell from AED 210,000 to AED 170,000 in 2020 and recovered to AED 275,000 by November 2024.
- At AED 275,000 a year the gross yield on the 2011 price is 9.8%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
- Three-beds in The Residences 1 (W3) sold for AED 7,050,000–20,000,000 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 15 November 2024.
Questions about 2002, The Residences 1 (W3)
What did unit 2002 last sell for?
AED 2,800,000 on 13 February 2011, sold by the developer: AED 1,344 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 275,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 275,000; the unit has been rented since April 2012.
How big is unit 2002?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 20th floor of a 38-storey tower completed in 2007.
What is unit 2002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,050,000 to 20,000,000 in the last 12 months, around AED 3,410 per sqft.
Selling 2002? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2002, The Residences 1 (W3)
Starts from the last sale price (AED 2.8M, 13 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →