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1-bed · 1,046 sqftThe Residences 1 (W3), Downtown Dubai · 26th floor · completed 2007

2605, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 3 February 2021
Last soldAED 1.22M3 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2605, The Residences 1 (W3)

What is 2605 worth today?

Last sold for AED 1,224,800 in 2021

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3 Feb 2021SoldReady
AED 1,224,800AED 1,170 per sqft
14 Sep 2010Sold by developerReady
AED 725,800AED 693 per sqft

Source: Dubai Land Department. Updated 3 February 2021.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
26th of 38
Parking
B2-400
Developer
Emaar
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 1.22M · February 2021
Building
The Residences 1 (W3)

About 2605, The Residences 1 (W3)

2605 is a one-bedroom apartment of 1,046 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 3 February 2021 for AED 1,224,800, or AED 1,170 per sqft, 11% below the AED 1,314 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2605 over time

Sales
Unit 2605, each saleTypical one-bed in The Residences 1 (W3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,000,000; 2009 AED 1,100,000; 2010 AED 718,888; 2011 AED 828,800; 2012 AED 1,362,500; 2013 AED 1,712,500; 2014 AED 2,175,000; 2015 AED 2,047,500; 2016 AED 1,937,500; 2020 AED 1,225,000; 2021 AED 1,400,000; 2022 AED 1,502,444; 2023 AED 1,845,000; 2024 AED 2,000,000; 2025 AED 2,360,000Sold by developer, September 2010: AED 725,800 (AED 693 per sqft)Sold, February 2021: AED 1,224,800 (AED 1,170 per sqft)

2605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2605, each contractTypical one-bed in The Residences 1 (W3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 119,000; 2015 AED 123,750; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 96,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 104,706; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 120,000

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 2605 sits

All 75 1-beds →

2605 last sold in February 2021 at AED 1,170 per sqft, 11% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,314). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
12 Jan 20262,300,000
7 Nov 20252,300,000
4 Sep 20252,600,000
2 1-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 170K /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
26023-bedAED 6.7M · Nov 2024
26032-bedAED 4.9M · Oct 2023
26041-bedAED 2.4M · Oct 2015

2605, The Residences 1 (W3) in numbers

  • Sold twice: first on 14 September 2010 for AED 725,800, last on 3 February 2021 for AED 1,224,800 (AED 1,170 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 February 2021.

Questions about 2605, The Residences 1 (W3)

What did unit 2605 last sell for?

AED 1,224,800 on 3 February 2021: AED 1,170 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 725,800 in September 2010.

How big is unit 2605?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 26th floor of a 38-storey tower completed in 2007.

What is unit 2605 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 2605, The Residences 1 (W3)

Starts from the last sale price (AED 1.22M, 3 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,224,800
Deposit, UAE resident (20%)
AED 244,960
Deposit, non-resident (40%)
AED 489,920
Monthly over 25 years at 3.7%
AED 5,011

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