2005, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in March 2011, 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 2005, The Residences 1 (W3)
What is 2005 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 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 20th of 38
- Parking
- P-95
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 706K · March 2011
- Building
- The Residences 1 (W3)
About 2005, The Residences 1 (W3)
2005 is a one-bedroom apartment of 1,046 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 2 March 2011 for AED 705,800, or AED 674 per sqft, 13% below the AED 774 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 September 2026, is AED 90,000 a year: a gross yield of 12.8% on the 2011 price, before the service charge of about AED 22,500 a year.
Sales and rents for 2005 over time
2005 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 2005 sits
All 75 1-beds →2005 last sold in March 2011 at AED 674 per sqft, 13% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 774). 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. 2005's AED 90,000 is at the bottom 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 20th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,452 sqft | AED 1.85MAED 1,850,000 · Sep 2010September 2010 | 162,000 /yr | |
| 2002 | 3-bed | 2,082 sqft | AED 2.8MAED 2,800,000 · Feb 2011February 2011 | 275,000 /yr | |
| 2003 | 2-bed | 1,629 sqft | AED 1.9MAED 1,900,000 · Aug 2009August 2009 | ||
| 2004 | 1-bed | 915 sqft | AED 774KAED 773,800 · Sep 2010September 2010 | 112,300 /yr |
2005, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 2 March 2011 for AED 705,800, or AED 674 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2022 and recovered to AED 90,000 by September 2026.
- At AED 90,000 a year the gross yield on the 2011 price is 12.8%, 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 September 2026.
Questions about 2005, The Residences 1 (W3)
What did unit 2005 last sell for?
AED 705,800 on 2 March 2011, sold by the developer: AED 674 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 2005?
AED 90,000 a year on the contract signed on 1 September 2026. The previous contract, from June 2025, was AED 115,000; the unit has been rented since September 2013.
How big is unit 2005?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 20th floor of a 38-storey tower completed in 2007.
What is unit 2005 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.
Selling 2005? 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 2005, The Residences 1 (W3)
Starts from the last sale price (AED 706K, 2 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 705,800
- Deposit, UAE resident (20%)
- AED 141,160
- Deposit, non-resident (40%)
- AED 282,320
- Monthly over 25 years at 3.7%
- AED 2,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →