2204, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2204, The Residences 1 (W3)
What is 2204 worth today?
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Source: Dubai Land Department. Updated 5 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 22nd of 38
- Parking
- L1-703
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 392K · July 2008
- Building
- The Residences 1 (W3)
About 2204, The Residences 1 (W3)
2204 is a one-bedroom apartment of 915 sqft on the 22nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 1 July 2008 for AED 391,900, or AED 428 per sqft, 22% above the AED 351 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 October 2025, is AED 115,000 a year: a gross yield of 29.3% on the 2008 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2204 over time
No registered sale of 2204; 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 2204 sits
All 75 1-beds →2204 last sold in July 2008 at AED 428 per sqft, 22% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 351). 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. 2204's AED 115,000 is in the lower half 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 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 | |
| 2202 | 3-bed | 2,082 sqft | AED 5MAED 5,000,000 · Oct 2020October 2020 | 160,000 /yr | |
| 2203 | 2-bed | 1,629 sqft | AED 6MAED 6,000,000 · Feb 2025February 2025 | 135,000 /yr | |
| 2205 | 1-bed | 1,046 sqft | AED 712KAED 711,800 · Sep 2010September 2010 | 120,000 /yr |
2204, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 1 July 2008 for AED 391,900, or AED 428 per sqft.
- Rented since April 2014 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 115,000 by October 2025.
- At AED 115,000 a year the gross yield on the 2008 price is 29.3%, before a service charge of about AED 19,700 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 5 October 2025.
Questions about 2204, The Residences 1 (W3)
What did unit 2204 last sell for?
AED 391,900 on 1 July 2008, sold by the developer: AED 428 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2204?
AED 115,000 a year on the contract signed on 5 October 2025. The previous contract, from August 2023, was AED 110,000; the unit has been rented since April 2014.
How big is unit 2204?
915 sqft (85.0 sqm): a one-bedroom apartment on the 22nd floor of a 38-storey tower completed in 2007.
What is unit 2204 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.
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Mortgage on 2204, The Residences 1 (W3)
Starts from the last sale price (AED 392K, 1 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 391,900
- Deposit, UAE resident (20%)
- AED 78,380
- Deposit, non-resident (40%)
- AED 156,760
- Monthly over 25 years at 3.7%
- AED 1,603
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →