2903, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, The Residences 1 (W3)
What is 2903 worth today?
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Source: Dubai Land Department. Updated 31 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,629 sqft
- Floor
- 29th of 38
- Parking
- B2-380
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 35,100 /yr
- Last sold
- AED 3.3M · December 2011
- Building
- The Residences 1 (W3)
About 2903, The Residences 1 (W3)
2903 is a two-bedroom apartment of 1,629 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 19 December 2011 for AED 3,300,000, or AED 2,025 per sqft, 44% above the AED 1,411 two-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 31 January 2026, is AED 280,000 a year: a gross yield of 8.5% on the 2011 price, before the service charge of about AED 35,100 a year.
Sales and rents for 2903 over time
2903 has sold once; 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 2903 sits
All 69 2-beds →2903 last sold in December 2011 at AED 2,025 per sqft, 44% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,411). 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. 2903's AED 280,000 is at the top 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 | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,452 sqft | AED 3.3MAED 3,300,000 · Apr 2024April 2024 | 260,000 /yr | |
| 2902 | 3-bed | 2,082 sqft | AED 7.05MAED 7,050,000 · Sep 2026September 2026 | 330,000 /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 |
2903, The Residences 1 (W3) in numbers
- Sold twice: first on 5 May 2008 for AED 875,400, last on 19 December 2011 for AED 3,300,000 (AED 2,025 per sqft).
- Rented since January 2025 on 4 Ejari contracts, at AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2011 price is 8.5%, before a service charge of about AED 35,100 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 31 January 2026.
Questions about 2903, The Residences 1 (W3)
What did unit 2903 last sell for?
AED 3,300,000 on 19 December 2011: AED 2,025 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 875,400 in May 2008.
What is the rent for unit 2903?
AED 280,000 a year on the contract renewed on 31 January 2026. The previous contract, from January 2026, was AED 280,000; the unit has been rented since January 2025.
How big is unit 2903?
1,629 sqft (151.3 sqm): a two-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.
What is unit 2903 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 2903, The Residences 1 (W3)
Starts from the last sale price (AED 3.3M, 19 December 2011). 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 →