3001, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in August 2019, 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 3001, The Residences 1 (W3)
What is 3001 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 30th of 38
- Parking
- B2-383
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.98M · August 2019
- Building
- The Residences 1 (W3)
About 3001, The Residences 1 (W3)
3001 is a two-bedroom apartment of 1,452 sqft on the 30th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 20 August 2019 for AED 1,975,000, or AED 1,360 per sqft.
It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 172,937 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3001 over time
3001 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 3001 sits
All 69 2-beds →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. 3001's AED 172,937 is in the lower 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 30th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3002 | 3-bed | 2,082 sqft | AED 5.5MAED 5,500,000 · Feb 2022February 2022 | 185,000 /yr | |
| 3003 | 2-bed | 1,629 sqft | AED 1.76MAED 1,762,800 · Sep 2010September 2010 | 200,000 /yr | |
| 3004 | 1-bed | 915 sqft | AED 2.1MAED 2,100,000 · Mar 2023March 2023 | 145,000 /yr | |
| 3005 | 1-bed | 1,046 sqft | AED 369KAED 369,400 · May 2008May 2008 | 115,000 /yr |
3001, The Residences 1 (W3) in numbers
- Sold twice: first on 14 September 2010 for AED 1,252,800, last on 20 August 2019 for AED 1,975,000 (AED 1,360 per sqft).
- Rented since February 2013 on 16 Ejari contracts. The rent fell from AED 145,000 to AED 108,500 in 2022 and recovered to AED 172,937 by February 2026.
- At AED 172,937 a year the gross yield on the 2019 price is 8.8%, 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 1 February 2026.
Questions about 3001, The Residences 1 (W3)
What did unit 3001 last sell for?
AED 1,975,000 on 20 August 2019: AED 1,360 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,252,800 in September 2010.
What is the rent for unit 3001?
AED 172,937 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 155,000; the unit has been rented since February 2013.
How big is unit 3001?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 30th floor of a 38-storey tower completed in 2007.
What is unit 3001 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 3001, The Residences 1 (W3)
Starts from the last sale price (AED 1.98M, 20 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,000
- Deposit, UAE resident (20%)
- AED 395,000
- Deposit, non-resident (40%)
- AED 790,000
- Monthly over 25 years at 3.7%
- AED 8,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →