2702, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in September 2010, 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 2702, The Residences 1 (W3)
What is 2702 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 27th of 38
- Parking
- G-669,G-670
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.19M · September 2010
- Building
- The Residences 1 (W3)
About 2702, The Residences 1 (W3)
2702 is a three-bedroom apartment of 2,082 sqft on the 27th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 14 September 2010 for AED 2,188,800, or AED 1,051 per sqft, in line with the AED 1,021 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 28 July 2026, is AED 375,000 a year: a gross yield of 17.1% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 2702 over time
2702 has sold once; 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 2702 sits
All 40 3-beds →2702 last sold in September 2010 at AED 1,051 per sqft, in line with what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,021). 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. 2702's AED 375,000 is in the upper 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 27th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,452 sqft | AED 1.23MAED 1,234,800 · Sep 2010September 2010 | 120,000 /yr | |
| 2703 | 2-bed | 1,629 sqft | AED 1.73MAED 1,726,800 · Feb 2009February 2009 | 290,000 /yr | |
| 2704 | 1-bed | 915 sqft | AED 809KAED 808,800 · Jan 2012January 2012 | 80,500 /yr | |
| 2705 | 1-bed | 1,046 sqft | AED 1.09MAED 1,090,000 · Apr 2011April 2011 |
2702, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 14 September 2010 for AED 2,188,800, or AED 1,051 per sqft.
- Rented since March 2013 on 13 Ejari contracts. The rent fell from AED 230,000 to AED 180,000 in 2022 and recovered to AED 375,000 by July 2026.
- At AED 375,000 a year the gross yield on the 2010 price is 17.1%, 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 28 July 2026.
Questions about 2702, The Residences 1 (W3)
What did unit 2702 last sell for?
AED 2,188,800 on 14 September 2010, sold by the developer: AED 1,051 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 2702?
AED 375,000 a year on the contract renewed on 28 July 2026. The previous contract, from July 2026, was AED 390,000; the unit has been rented since March 2013.
How big is unit 2702?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 27th floor of a 38-storey tower completed in 2007.
What is unit 2702 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 2702, The Residences 1 (W3)
Starts from the last sale price (AED 2.19M, 14 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,188,800
- Deposit, UAE resident (20%)
- AED 437,760
- Deposit, non-resident (40%)
- AED 875,520
- Monthly over 25 years at 3.7%
- AED 8,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →