
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.
Property timeline for 2602, The Residences 1 (W3)
What is 2602 worth today?
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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
- Building
- The Residences 1 (W3)
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
2602 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 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 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 26th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,452 sqft | AED 1.23MAED 1,228,800 · Jan 2009January 2009 | 230,000 /yr | |
| 2603 | 2-bed | 1,629 sqft | AED 4.9MAED 4,900,000 · Oct 2023October 2023 | 950,000 /yr | |
| 2604 | 1-bed | 915 sqft | AED 2.4MAED 2,400,000 · Oct 2015October 2015 | 105,000 /yr | |
| 2605 | 1-bed | 1,046 sqft | AED 1.22MAED 1,224,800 · Feb 2021February 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 →