2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 25th floor · completed 2007

2503, The Residences 1 (W3)

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 4.05M8 September 2022
Current rentAED 290K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, The Residences 1 (W3)

What is 2503 worth today?

Last sold for AED 4,050,000 in 2022

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3 Oct 2025RentedNew contract
AED 290,000/yr12 months · AED 178 per sqft
1 Oct 2024RentedRenewal
AED 300,000/yr12 months · AED 184 per sqft
1 Oct 2023RentedRenewal
AED 300,000/yr12 months · AED 184 per sqft
1 Oct 2022RentedNew contract
AED 300,000/yr12 months · AED 184 per sqft
8 Sep 2022SoldReady
AED 4,050,000AED 2,486 per sqft
26 Sep 2021SoldReady
AED 3,800,000AED 2,332 per sqft
17 Nov 2020RentedNew contract
AED 155,000/yr12 months · AED 95 per sqft
18 Dec 2018RentedNew contract
AED 195,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
25th of 38
Parking
L1-714
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 4.05M · September 2022

About 2503, The Residences 1 (W3)

2503 is a two-bedroom apartment of 1,629 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 8 September 2022 for AED 4,050,000, or AED 2,486 per sqft, 7% above the AED 2,332 two-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 3 October 2025, is AED 290,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 35,100 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, July 2009: AED 2,817,900 (AED 1,729 per sqft)Sold, February 2012: AED 3,300,000 (AED 2,025 per sqft)Sold, September 2021: AED 3,800,000 (AED 2,332 per sqft)Sold, September 2022: AED 4,050,000 (AED 2,486 per sqft)

2503 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in The Residences 1 (W3)
200K400K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500New contract, January 2014: AED 350,000 a yearNew contract, April 2015: AED 350,000 a yearNew contract, May 2017: AED 370,000 a yearNew contract, November 2017: AED 284,211 a yearNew contract, December 2018: AED 195,000 a yearNew contract, November 2020: AED 155,000 a yearNew contract, October 2022: AED 300,000 a yearRenewal, October 2023: AED 300,000 a yearRenewal, October 2024: AED 300,000 a yearNew contract, October 2025: AED 290,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 1 (W3), and where 2503 sits

All 69 2-beds →

2503 last sold in September 2022 at AED 2,486 per sqft, 7% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,332). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 156,839 to 280,000 a year. 2503's AED 290,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 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%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 25th floor

All 185 units in The Residences 1 (W3)
Value
25012-bedAED 1.22M · Jan 2009
25023-bedAED 6.1M · Nov 2022
25041-bedAED 1.41M · Sep 2010
25051-bedAED 722K · Jan 2009

2503, The Residences 1 (W3) in numbers

  • Sold 4 times: first on 26 July 2009 for AED 2,817,900, last on 8 September 2022 for AED 4,050,000 (AED 2,486 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 350,000 to AED 155,000 in 2020 and recovered to AED 290,000 by October 2025.
  • At AED 290,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 35,100 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 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 October 2025.

Questions about 2503, The Residences 1 (W3)

What did unit 2503 last sell for?

AED 4,050,000 on 8 September 2022: AED 2,486 per sqft for 1,629 sqft. The unit has 4 registered sales; the first was AED 2,817,900 in July 2009.

What is the rent for unit 2503?

AED 290,000 a year on the contract signed on 3 October 2025. The previous contract, from October 2024, was AED 300,000; the unit has been rented since January 2014.

How big is unit 2503?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 25th floor of a 38-storey tower completed in 2007.

What is unit 2503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 2503, The Residences 1 (W3)

Starts from the last sale price (AED 4.05M, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →