3-bed · 2,082 sqftThe Residences 1 (W3), Downtown Dubai · 26th floor · completed 2007

2602, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 6.7M11 November 2024
Current rentAED 250K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, The Residences 1 (W3)

What is 2602 worth today?

Last sold for AED 6,700,000 in 2024

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5 Jun 2026RentedNew contract
AED 250,000/yr12 months · AED 120 per sqft
11 Nov 2024SoldReady
AED 6,700,000AED 3,218 per sqft
12 Apr 2024RentedNew contract
AED 330,000/yr12 months · AED 159 per sqft
12 Apr 2023RentedNew contract
AED 330,000/yr12 months · AED 159 per sqft
15 Apr 2021RentedRenewal
AED 175,000/yr12 months · AED 84 per sqft
15 Apr 2020RentedRenewal
AED 175,000/yr12 months · AED 84 per sqft
15 Apr 2019RentedNew contract
AED 175,000/yr12 months · AED 84 per sqft
17 May 2017RentedNew contract
AED 250,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
26th of 38
Parking
G-667,G-668
Developer
Emaar
Completed
2007
Service charge
AED 44,900 /yr
Last sold
AED 6.7M · November 2024

About 2602, The Residences 1 (W3)

2602 is a three-bedroom apartment of 2,082 sqft on the 26th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 11 November 2024 for AED 6,700,000, or AED 3,218 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 5 June 2026, is AED 250,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 44,900 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical three-bed in The Residences 1 (W3)
5M2008201320182023Typical sale price by year: 2008 AED 2,398,844; 2009 AED 2,258,800; 2010 AED 2,139,800; 2011 AED 2,562,888; 2012 AED 3,302,400; 2013 AED 7,300,000; 2014 AED 6,825,000; 2015 AED 7,900,000; 2020 AED 4,100,000; 2022 AED 3,061,980; 2025 AED 7,300,000; 2026 AED 7,100,000Sold by developer, February 2012: AED 2,174,800 (AED 1,044 per sqft)Sold, November 2024: AED 6,700,000 (AED 3,218 per sqft)

2602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2602, each contractTypical three-bed in The Residences 1 (W3)
200K300K2012201620202024Typical rent by year: 2012 AED 205,000; 2013 AED 265,000; 2014 AED 265,000; 2015 AED 289,592; 2016 AED 272,500; 2017 AED 253,750; 2018 AED 202,500; 2019 AED 175,000; 2020 AED 170,691; 2021 AED 185,000; 2022 AED 185,000; 2023 AED 280,000; 2024 AED 300,000; 2025 AED 305,000; 2026 AED 292,500New contract, April 2013: AED 299,356 a yearNew contract, May 2017: AED 250,000 a yearNew contract, April 2019: AED 175,000 a yearRenewal, April 2020: AED 175,000 a yearRenewal, April 2021: AED 175,000 a yearNew contract, April 2023: AED 330,000 a yearNew contract, April 2024: AED 330,000 a yearNew contract, June 2026: AED 250,000 a year

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 2602 sits

All 40 3-beds →

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. 2602's AED 250,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20267,050,000
28 Jan 20267,100,000
14 Jan 202620,000,000
15 Sep 20257,300,000
3 3-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 26th floor

All 185 units in The Residences 1 (W3)
Value
26012-bedAED 1.23M · Jan 2009
26032-bedAED 4.9M · Oct 2023
26041-bedAED 2.4M · Oct 2015
26051-bedAED 1.22M · Feb 2021

2602, The Residences 1 (W3) in numbers

  • Sold twice: first on 7 February 2012 for AED 2,174,800, last on 11 November 2024 for AED 6,700,000 (AED 3,218 per sqft).
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 299,356 to AED 175,000 in 2021 and recovered to AED 250,000 by June 2026.
  • At AED 250,000 a year the gross yield on the 2024 price is 3.7%, 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 5 June 2026.

Questions about 2602, The Residences 1 (W3)

What did unit 2602 last sell for?

AED 6,700,000 on 11 November 2024: AED 3,218 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,174,800 in February 2012.

What is the rent for unit 2602?

AED 250,000 a year on the contract signed on 5 June 2026. The previous contract, from April 2024, was AED 330,000; the unit has been rented since April 2013.

How big is unit 2602?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 26th floor of a 38-storey tower completed in 2007.

What is unit 2602 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 2602, The Residences 1 (W3)

Starts from the last sale price (AED 6.7M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

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