2905, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2905, The Residences 1 (W3)
What is 2905 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 29th of 38
- Parking
- B2-382
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.9M · December 2013
- Building
- The Residences 1 (W3)
About 2905, The Residences 1 (W3)
2905 is a one-bedroom apartment of 1,046 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 10 December 2013 for AED 1,900,000, or AED 1,816 per sqft, 12% above the AED 1,625 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 28 October 2024, is AED 115,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 22,500 a year.
Sales and rents for 2905 over time
2905 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 2905 sits
All 75 1-beds →2905 last sold in December 2013 at AED 1,816 per sqft, 12% above 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. 2905'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 | |
| 2904 | 1-bed | 915 sqft | AED 819KAED 818,800 · Aug 2013August 2013 | 115,000 /yr |
2905, The Residences 1 (W3) in numbers
- Sold twice: first on 6 January 2013 for AED 367,900, last on 10 December 2013 for AED 1,900,000 (AED 1,816 per sqft).
- Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 57,500 in 2021 and recovered to AED 115,000 by October 2024.
- At AED 115,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 22,500 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 28 October 2024.
Questions about 2905, The Residences 1 (W3)
What did unit 2905 last sell for?
AED 1,900,000 on 10 December 2013: AED 1,816 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 367,900 in January 2013.
What is the rent for unit 2905?
AED 115,000 a year on the contract signed on 28 October 2024. The previous contract, from April 2024, was AED 120,000; the unit has been rented since July 2012.
How big is unit 2905?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 29th floor of a 38-storey tower completed in 2007.
What is unit 2905 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 2905, The Residences 1 (W3)
Starts from the last sale price (AED 1.9M, 10 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →