201, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in January 2011, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, The Residences 1 (W3)
What is 201 worth today?
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Source: Dubai Land Department. Updated 15 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,117 sqft
- Floor
- 2nd of 38
- Parking
- L1-701
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 45,600 /yr
- Last sold
- AED 1.27M · January 2011
- Building
- The Residences 1 (W3)
About 201, The Residences 1 (W3)
201 is a two-bedroom apartment of 2,117 sqft on the 2nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 2 January 2011 for AED 1,272,800, or AED 601 per sqft, 39% below the AED 993 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2021. The current contract, signed on 15 August 2021, is AED 120,000 a year: a gross yield of 9.4% on the 2011 price, before the service charge of about AED 45,600 a year.
Sales and rents for 201 over time
201 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences 1 (W3), and where 201 sits
All 69 2-beds →201 last sold in January 2011 at AED 601 per sqft, 39% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 993). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 156,839 to 280,000 a year. 201's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,629 sqft | 5,200,000 | 3,192 | ||
| 4 Feb 20264 February 2026 | 1,452 sqft | 3,850,000 | 2,651 | ||
| 30 Jan 202630 January 2026 | 1,452 sqft | 3,800,000 | 2,616 | ||
| 3 Jun 20253 June 2025 | 1,629 sqft | 3,765,037 | 2,311 |
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 2nd floor
All 185 units in The Residences 1 (W3)201, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 2 January 2011 for AED 1,272,800, or AED 601 per sqft.
- Rented since August 2021 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2011 price is 9.4%, before a service charge of about AED 45,600 a year (AED 21.55 per sqft).
- Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 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 August 2021.
Questions about 201, The Residences 1 (W3)
What did unit 201 last sell for?
AED 1,272,800 on 2 January 2011, sold by the developer: AED 601 per sqft for 2,117 sqft. It is the only registered sale of the unit.
What is the rent for unit 201?
AED 120,000 a year on the contract signed on 15 August 2021.
How big is unit 201?
2,117 sqft (196.7 sqm): a two-bedroom apartment on the 2nd floor of a 38-storey tower completed in 2007.
What is unit 201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.
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Mortgage on 201, The Residences 1 (W3)
Starts from the last sale price (AED 1.27M, 2 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,272,800
- Deposit, UAE resident (20%)
- AED 254,560
- Deposit, non-resident (40%)
- AED 509,120
- Monthly over 25 years at 3.7%
- AED 5,207
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →