2502, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2502, The Residences 1 (W3)
What is 2502 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 25th of 38
- Parking
- G-665,G-666
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 6.1M · November 2022
- Building
- The Residences 1 (W3)
About 2502, The Residences 1 (W3)
2502 is a three-bedroom apartment of 2,082 sqft on the 25th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 25 November 2022 for AED 6,100,000, or AED 2,929 per sqft, 24% above the AED 2,368 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 10 February 2025, is AED 480,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2502 over time
2502 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 2502 sits
All 40 3-beds →2502 last sold in November 2022 at AED 2,929 per sqft, 24% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 2,368). 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. 2502's AED 480,000 is at the top 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 25th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,452 sqft | AED 1.22MAED 1,222,800 · Jan 2009January 2009 | 186,000 /yr | |
| 2503 | 2-bed | 1,629 sqft | AED 4.05MAED 4,050,000 · Sep 2022September 2022 | 290,000 /yr | |
| 2504 | 1-bed | 915 sqft | AED 1.41MAED 1,410,000 · Sep 2010September 2010 | 140,000 /yr | |
| 2505 | 1-bed | 1,046 sqft | AED 722KAED 721,800 · Jan 2009January 2009 | 130,000 /yr |
2502, The Residences 1 (W3) in numbers
- Sold twice: first on 25 August 2011 for AED 2,160,800, last on 25 November 2022 for AED 6,100,000 (AED 2,929 per sqft).
- Rented since September 2012 on 7 Ejari contracts. The rent fell from AED 190,000 to AED 165,000 in 2020 and recovered to AED 480,000 by February 2025.
- At AED 480,000 a year the gross yield on the 2022 price is 7.9%, 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 10 February 2025.
Questions about 2502, The Residences 1 (W3)
What did unit 2502 last sell for?
AED 6,100,000 on 25 November 2022: AED 2,929 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,160,800 in August 2011.
What is the rent for unit 2502?
AED 480,000 a year on the contract signed on 10 February 2025. The previous contract, from February 2025, was AED 480,000; the unit has been rented since September 2012.
How big is unit 2502?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 25th floor of a 38-storey tower completed in 2007.
What is unit 2502 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 2502, The Residences 1 (W3)
Starts from the last sale price (AED 6.1M, 25 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,100,000
- Deposit, UAE resident (20%)
- AED 1,220,000
- Deposit, non-resident (40%)
- AED 2,440,000
- Monthly over 25 years at 3.7%
- AED 24,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →