1-bed · 1,686 sqftThe Residences 1 (W3), Downtown Dubai · 2nd floor · completed 2007

204, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 977K18 June 2009
Current rentAED 130K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Residences 1 (W3)

What is 204 worth today?

Last sold for AED 976,888 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2025RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
15 Oct 2022RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
11 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
25 Jul 2019RentedRenewal
AED 110,000/yr12 months · AED 65 per sqft
25 Jul 2018RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
11 Sep 2014RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
15 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
18 Jun 2009Sold by developerReady
AED 976,888AED 579 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
1,686 sqft
Floor
2nd of 38
Parking
B2-525
Developer
Emaar
Completed
2007
Service charge
AED 36,300 /yr
Last sold
AED 977K · June 2009

About 204, The Residences 1 (W3)

204 is a one-bedroom apartment of 1,686 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 18 June 2009 for AED 976,888, or AED 579 per sqft, 50% below the AED 1,147 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 October 2025, is AED 130,000 a year: a gross yield of 13.3% on the 2009 price, before the service charge of about AED 36,300 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in The Residences 1 (W3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,050,000; 2009 AED 1,146,535; 2010 AED 725,800; 2011 AED 1,030,000; 2012 AED 1,362,500; 2013 AED 1,712,500; 2014 AED 2,175,000; 2015 AED 2,047,500; 2016 AED 1,937,500; 2020 AED 1,225,000; 2021 AED 1,400,000; 2022 AED 1,502,444; 2023 AED 1,845,000; 2024 AED 2,000,000; 2025 AED 2,360,000Sold by developer, June 2009: AED 976,888 (AED 579 per sqft)

204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in The Residences 1 (W3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 119,000; 2015 AED 123,750; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 96,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 104,706; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 120,000New contract, July 2013: AED 120,000 a yearNew contract, September 2014: AED 125,000 a yearNew contract, July 2018: AED 110,000 a yearRenewal, July 2019: AED 110,000 a yearNew contract, August 2021: AED 80,000 a yearNew contract, October 2022: AED 110,000 a yearNew contract, October 2025: AED 130,000 a year

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 204 sits

All 75 1-beds →

204 last sold in June 2009 at AED 579 per sqft, 50% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,147). 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. 204's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
12 Jan 20262,300,000
7 Nov 20252,300,000
4 Sep 20252,600,000
2 1-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 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%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 2nd floor

All 185 units in The Residences 1 (W3)
Value
2012-bedAED 1.27M · Jan 2011
2023-bedAED 4.25M · Apr 2011
2031-bedAED 2.2M · Jul 2012
2051-bedAED 838K · Nov 2008

204, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 18 June 2009 for AED 976,888, or AED 579 per sqft.
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 130,000 by October 2025.
  • At AED 130,000 a year the gross yield on the 2009 price is 13.3%, before a service charge of about AED 36,300 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 15 October 2025.

Questions about 204, The Residences 1 (W3)

What did unit 204 last sell for?

AED 976,888 on 18 June 2009, sold by the developer: AED 579 per sqft for 1,686 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 130,000 a year on the contract signed on 15 October 2025. The previous contract, from October 2022, was AED 110,000; the unit has been rented since July 2013.

How big is unit 204?

1,686 sqft (156.6 sqm): a one-bedroom apartment on the 2nd floor of a 38-storey tower completed in 2007.

What is unit 204 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 204? 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.

How OpenOffers works

Mortgage on 204, The Residences 1 (W3)

Starts from the last sale price (AED 977K, 18 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 976,888
Deposit, UAE resident (20%)
AED 195,378
Deposit, non-resident (40%)
AED 390,755
Monthly over 25 years at 3.7%
AED 3,997

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →