2202, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in October 2020, 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 2202, The Residences 1 (W3)
What is 2202 worth today?
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Source: Dubai Land Department. Updated 21 October 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 22nd of 38
- Parking
- G-636,G-637
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 5M · October 2020
- Building
- The Residences 1 (W3)
About 2202, The Residences 1 (W3)
2202 is a three-bedroom apartment of 2,082 sqft on the 22nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 21 October 2020 for AED 5,000,000, or AED 2,401 per sqft, 22% above the AED 1,969 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 16 October 2020, is AED 160,000 a year: a gross yield of 3.2% on the 2020 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2202 over time
2202 has sold twice; 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 2202 sits
All 40 3-beds →2202 last sold in October 2020 at AED 2,401 per sqft, 22% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,969). 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. 2202's AED 160,000 is at the bottom 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 22nd floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,452 sqft | AED 3.8MAED 3,800,000 · Jun 2014June 2014 | 165,000 /yr | |
| 2203 | 2-bed | 1,629 sqft | AED 6MAED 6,000,000 · Feb 2025February 2025 | 135,000 /yr | |
| 2204 | 1-bed | 915 sqft | AED 392KAED 391,900 · Jul 2008July 2008 | 115,000 /yr | |
| 2205 | 1-bed | 1,046 sqft | AED 712KAED 711,800 · Sep 2010September 2010 | 120,000 /yr |
2202, The Residences 1 (W3) in numbers
- Sold twice: first on 14 September 2010 for AED 2,118,800, last on 21 October 2020 for AED 5,000,000 (AED 2,401 per sqft).
- Rented since September 2013 on 5 Ejari contracts, from AED 275,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2020 price is 3.2%, 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 21 October 2020.
Questions about 2202, The Residences 1 (W3)
What did unit 2202 last sell for?
AED 5,000,000 on 21 October 2020: AED 2,401 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,118,800 in September 2010.
What is the rent for unit 2202?
AED 160,000 a year on the contract renewed on 16 October 2020. The previous contract, from October 2019, was AED 160,000; the unit has been rented since September 2013.
How big is unit 2202?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 22nd floor of a 38-storey tower completed in 2007.
What is unit 2202 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.
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Mortgage on 2202, The Residences 1 (W3)
Starts from the last sale price (AED 5M, 21 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →