2-bed · 1,452 sqftThe Residences 1 (W3), Downtown Dubai · 21st floor · completed 2007

2101, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in December 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.2M12 December 2012
Current rentAED 165K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, The Residences 1 (W3)

What is 2101 worth today?

Last sold for AED 1,198,800 in 2012

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1 Sep 2022RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft
15 Jan 2018RentedNew contract
AED 170,000/yr24 months · AED 117 per sqft
31 Aug 2013RentedNew contract
AED 171,547/yr12 months · AED 118 per sqft
12 Dec 2012Sold by developerReady
AED 1,198,800AED 825 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
21st of 38
Parking
P-96
Developer
Emaar
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 1.2M · December 2012

About 2101, The Residences 1 (W3)

2101 is a two-bedroom apartment of 1,452 sqft on the 21st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 12 December 2012 for AED 1,198,800, or AED 825 per sqft, 50% below the AED 1,652 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 September 2022, is AED 165,000 a year: a gross yield of 13.8% on the 2012 price, before the service charge of about AED 31,300 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, December 2012: AED 1,198,800 (AED 825 per sqft)

2101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, each contractTypical two-bed in The Residences 1 (W3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500New contract, August 2013: AED 171,547 a yearNew contract, January 2018: AED 170,000 a yearNew contract, September 2022: AED 165,000 a year

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 2101 sits

All 69 2-beds →

2101 last sold in December 2012 at AED 825 per sqft, 50% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,652). 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. 2101's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-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 21st floor

All 185 units in The Residences 1 (W3)
Value
21023-bedAED 7.5M · Feb 2025
21032-bedAED 3.2M · Jun 2011
21041-bedAED 1.23M · May 2020
21051-bedAED 2.85M · Feb 2026

2101, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 12 December 2012 for AED 1,198,800, or AED 825 per sqft.
  • Rented since August 2013 on 3 Ejari contracts, from AED 171,547 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2012 price is 13.8%, before a service charge of about AED 31,300 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 1 September 2022.

Questions about 2101, The Residences 1 (W3)

What did unit 2101 last sell for?

AED 1,198,800 on 12 December 2012, sold by the developer: AED 825 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 2101?

AED 165,000 a year on the contract signed on 1 September 2022. The previous contract, from January 2018, was AED 170,000; the unit has been rented since August 2013.

How big is unit 2101?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 21st floor of a 38-storey tower completed in 2007.

What is unit 2101 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 2101, The Residences 1 (W3)

Starts from the last sale price (AED 1.2M, 12 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,198,800
Deposit, UAE resident (20%)
AED 239,760
Deposit, non-resident (40%)
AED 479,520
Monthly over 25 years at 3.7%
AED 4,905

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