3-bed · 2,082 sqftThe Residences 1 (W3), Downtown Dubai · 29th floor · completed 2007

2902, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 17 September 2026
Last soldAED 7.05M17 September 2026
Current rentAED 330K /yr19 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, The Residences 1 (W3)

What is 2902 worth today?

Last sold for AED 7,050,000 in 2026

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17 Sep 2026SoldReady
AED 7,050,000AED 3,386 per sqft
19 May 2025RentedRenewal
AED 330,000/yr12 months · AED 159 per sqft
19 May 2025RentedRenewal
AED 330,000/yr12 months · AED 159 per sqft
4 May 2024RentedNew contract
AED 320,000/yr12 months · AED 154 per sqft
16 Jul 2019RentedNew contract
AED 180,000/yr12 months · AED 87 per sqft
5 Dec 2017RentedRenewal
AED 256,500/yr12 months · AED 123 per sqft
5 Dec 2016RentedNew contract
AED 285,000/yr12 months · AED 137 per sqft
19 Nov 2015RentedRenewal
AED 294,183/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 17 September 2026.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
29th of 38
Parking
G-673,G-674
Developer
Emaar
Completed
2007
Service charge
AED 44,900 /yr
Last sold
AED 7.05M · September 2026

About 2902, The Residences 1 (W3)

2902 is a three-bedroom apartment of 2,082 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 17 September 2026 for AED 7,050,000, or AED 3,386 per sqft, in line with the AED 3,410 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 19 May 2025, is AED 330,000 a year: a gross yield of 4.7% on the 2026 price, before the service charge of about AED 44,900 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, September 2026: AED 7,050,000 (AED 3,386 per sqft)

2902 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2902, 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, November 2013: AED 290,000 a yearNew contract, November 2014: AED 290,000 a yearRenewal, November 2015: AED 294,183 a yearNew contract, December 2016: AED 285,000 a yearRenewal, December 2017: AED 256,500 a yearNew contract, July 2019: AED 180,000 a yearNew contract, May 2024: AED 320,000 a yearRenewal, May 2025: AED 330,000 a yearRenewal, May 2025: AED 330,000 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 2902 sits

All 40 3-beds →

2902 last sold in September 2026 at AED 3,386 per sqft, in line with what three-beds in The Residences 1 (W3) were fetching at the time (AED 3,410). 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. 2902's AED 330,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20267,100,000
14 Jan 202620,000,000
15 Sep 20257,300,000
25 Mar 202549,000
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 29th floor

All 185 units in The Residences 1 (W3)
Value
29012-bedAED 3.3M · Apr 2024
29032-bedAED 3.3M · Dec 2011
29041-bedAED 819K · Aug 2013
29051-bedAED 1.9M · Dec 2013

2902, The Residences 1 (W3) in numbers

  • Sold twice: first on 8 May 2008 for AED 1,108,400, last on 17 September 2026 for AED 7,050,000 (AED 3,386 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 290,000 to AED 180,000 in 2019 and recovered to AED 330,000 by May 2025.
  • At AED 330,000 a year the gross yield on the 2026 price is 4.7%, 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 17 September 2026.

Questions about 2902, The Residences 1 (W3)

What did unit 2902 last sell for?

AED 7,050,000 on 17 September 2026: AED 3,386 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 1,108,400 in May 2008.

What is the rent for unit 2902?

AED 330,000 a year on the contract renewed on 19 May 2025. The previous contract, from May 2025, was AED 330,000; the unit has been rented since November 2013.

How big is unit 2902?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.

What is unit 2902 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 2902, The Residences 1 (W3)

Starts from the last sale price (AED 7.05M, 17 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 7,050,000
Deposit, UAE resident (20%)
AED 1,410,000
Deposit, non-resident (40%)
AED 2,820,000
Monthly over 25 years at 3.7%
AED 28,844

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