2302, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in August 2010, 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 2302, The Residences 1 (W3)
What is 2302 worth today?
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Source: Dubai Land Department. Updated 26 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 23rd of 38
- Parking
- G-661,G-662
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.13M · August 2010
- Building
- The Residences 1 (W3)
About 2302, The Residences 1 (W3)
2302 is a three-bedroom apartment of 2,082 sqft on the 23rd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 26 August 2010 for AED 2,132,800, or AED 1,024 per sqft, in line with the AED 1,004 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 26 November 2025, is AED 311,351 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2302 over time
2302 has sold once; 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 2302 sits
All 40 3-beds →2302 last sold in August 2010 at AED 1,024 per sqft, in line with what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,004). 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. 2302's AED 311,351 is in the upper half 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 23rd floor
All 185 units in The Residences 1 (W3)2302, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 26 August 2010 for AED 2,132,800, or AED 1,024 per sqft.
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 260,000 to AED 170,000 in 2021 and recovered to AED 311,351 by November 2025.
- At AED 311,351 a year the gross yield on the 2010 price is 14.6%, 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 26 November 2025.
Questions about 2302, The Residences 1 (W3)
What did unit 2302 last sell for?
AED 2,132,800 on 26 August 2010, sold by the developer: AED 1,024 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 2302?
AED 311,351 a year on the contract signed on 26 November 2025. The previous contract, from June 2022, was AED 178,500; the unit has been rented since April 2014.
How big is unit 2302?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2007.
What is unit 2302 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 2302, The Residences 1 (W3)
Starts from the last sale price (AED 2.13M, 26 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,132,800
- Deposit, UAE resident (20%)
- AED 426,560
- Deposit, non-resident (40%)
- AED 853,120
- Monthly over 25 years at 3.7%
- AED 8,726
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →