2405, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, The Residences 1 (W3)
What is 2405 worth today?
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Source: Dubai Land Department. Updated 3 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 24th of 38
- Parking
- L1-712
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.88M · July 2013
- Building
- The Residences 1 (W3)
About 2405, The Residences 1 (W3)
2405 is a one-bedroom apartment of 1,046 sqft on the 24th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 July 2013 for AED 1,875,000, or AED 1,792 per sqft, 9% above the AED 1,649 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 3 March 2026, is AED 130,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 22,500 a year.
Sales and rents for 2405 over time
2405 has sold 3 times; 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 2405 sits
All 75 1-beds →2405 last sold in July 2013 at AED 1,792 per sqft, 9% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,649). 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. 2405's AED 130,000 is in the upper 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 24th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,452 sqft | AED 1.22MAED 1,216,800 · Nov 2008November 2008 | 165,000 /yr | |
| 2402 | 3-bed | 2,082 sqft | AED 7.1MAED 7,100,000 · Jan 2026January 2026 | 283,591 /yr | |
| 2403 | 2-bed | 1,629 sqft | AED 845KAED 845,400 · May 2010May 2010 | 270,000 /yr | |
| 2404 | 1-bed | 915 sqft | AED 2MAED 2,000,000 · May 2023May 2023 | 90,000 /yr |
2405, The Residences 1 (W3) in numbers
- Sold 3 times: first on 12 February 2013 for AED 652,800, last on 14 July 2013 for AED 1,875,000 (AED 1,792 per sqft).
- Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2022 and recovered to AED 130,000 by March 2026.
- At AED 130,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 22,500 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 3 March 2026.
Questions about 2405, The Residences 1 (W3)
What did unit 2405 last sell for?
AED 1,875,000 on 14 July 2013: AED 1,792 per sqft for 1,046 sqft. The unit has 3 registered sales; the first was AED 652,800 in February 2013.
What is the rent for unit 2405?
AED 130,000 a year on the contract renewed on 3 March 2026. The previous contract, from March 2025, was AED 130,000; the unit has been rented since October 2016.
How big is unit 2405?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 24th floor of a 38-storey tower completed in 2007.
What is unit 2405 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 2405, The Residences 1 (W3)
Starts from the last sale price (AED 1.88M, 14 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,875,000
- Deposit, UAE resident (20%)
- AED 375,000
- Deposit, non-resident (40%)
- AED 750,000
- Monthly over 25 years at 3.7%
- AED 7,671
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →