2904, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in August 2013, 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 2904, The Residences 1 (W3)
What is 2904 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 29th of 38
- Parking
- B2-381
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 819K · August 2013
- Building
- The Residences 1 (W3)
About 2904, The Residences 1 (W3)
2904 is a one-bedroom apartment of 915 sqft on the 29th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 27 August 2013 for AED 818,800, or AED 894 per sqft, 45% below the AED 1,625 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 115,000 a year: a gross yield of 14.0% on the 2013 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2904 over time
2904 has sold once; the dashed line is the one-bed median of each year in the building.
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 2904 sits
All 75 1-beds →2904 last sold in August 2013 at AED 894 per sqft, 45% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,625). 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. 2904's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,046 sqft | 2,850,000 | 2,724 | ||
| 12 Jan 202612 January 2026 | 915 sqft | 2,300,000 | 2,513 | ||
| 7 Nov 20257 November 2025 | 1,046 sqft | 2,300,000 | 2,198 | ||
| 4 Sep 20254 September 2025 | 915 sqft | 2,600,000 | 2,841 |
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 | |
| 2903 | 2-bed | 1,629 sqft | AED 3.3MAED 3,300,000 · Dec 2011December 2011 | 280,000 /yr | |
| 2905 | 1-bed | 1,046 sqft | AED 1.9MAED 1,900,000 · Dec 2013December 2013 | 115,000 /yr |
2904, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 27 August 2013 for AED 818,800, or AED 894 per sqft.
- Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2020 and recovered to AED 115,000 by March 2026.
- At AED 115,000 a year the gross yield on the 2013 price is 14.0%, before a service charge of about AED 19,700 a year (AED 21.55 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 1 March 2026.
Questions about 2904, The Residences 1 (W3)
What did unit 2904 last sell for?
AED 818,800 on 27 August 2013, sold by the developer: AED 894 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2904?
AED 115,000 a year on the contract renewed on 1 March 2026. The previous contract, from February 2025, was AED 115,000; the unit has been rented since September 2013.
How big is unit 2904?
915 sqft (85.0 sqm): a one-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.
What is unit 2904 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 2904, The Residences 1 (W3)
Starts from the last sale price (AED 819K, 27 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 818,800
- Deposit, UAE resident (20%)
- AED 163,760
- Deposit, non-resident (40%)
- AED 327,520
- Monthly over 25 years at 3.7%
- AED 3,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →