2901, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in April 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 2901, The Residences 1 (W3)
What is 2901 worth today?
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Source: Dubai Land Department. Updated 28 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 29th of 38
- Parking
- B2-379
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.3M · April 2024
- Building
- The Residences 1 (W3)
About 2901, The Residences 1 (W3)
2901 is a two-bedroom apartment of 1,452 sqft on the 29th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 2 April 2024 for AED 3,300,000, or AED 2,272 per sqft, 11% below the AED 2,547 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 28 January 2026, is AED 260,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 31,300 a year.
Sales and rents for 2901 over time
2901 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2901 sits
All 69 2-beds →2901 last sold in April 2024 at AED 2,272 per sqft, 11% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,547). 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. 2901's AED 260,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,629 sqft | 5,200,000 | 3,192 | ||
| 4 Feb 20264 February 2026 | 1,452 sqft | 3,850,000 | 2,651 | ||
| 30 Jan 202630 January 2026 | 1,452 sqft | 3,800,000 | 2,616 | ||
| 3 Jun 20253 June 2025 | 1,629 sqft | 3,765,037 | 2,311 |
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 29th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 3-bed | 2,082 sqft | AED 7.05MAED 7,050,000 · Sep 2026September 2026 | 330,000 /yr | |
| 2903 | 2-bed | 1,629 sqft | AED 3.3MAED 3,300,000 · Dec 2011December 2011 | 280,000 /yr | |
| 2904 | 1-bed | 915 sqft | AED 819KAED 818,800 · Aug 2013August 2013 | 115,000 /yr | |
| 2905 | 1-bed | 1,046 sqft | AED 1.9MAED 1,900,000 · Dec 2013December 2013 | 115,000 /yr |
2901, The Residences 1 (W3) in numbers
- Sold twice: first on 20 November 2008 for AED 1,246,800, last on 2 April 2024 for AED 3,300,000 (AED 2,272 per sqft).
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 76,154 in 2021 and recovered to AED 260,000 by January 2026.
- At AED 260,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 31,300 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 28 January 2026.
Questions about 2901, The Residences 1 (W3)
What did unit 2901 last sell for?
AED 3,300,000 on 2 April 2024: AED 2,272 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,246,800 in November 2008.
What is the rent for unit 2901?
AED 260,000 a year on the contract signed on 28 January 2026. The previous contract, from January 2025, was AED 260,000; the unit has been rented since June 2013.
How big is unit 2901?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.
What is unit 2901 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 2901, The Residences 1 (W3)
Starts from the last sale price (AED 3.3M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →