301, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, The Residences 1 (W3)
What is 301 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 3rd of 38
- Parking
- L1-760
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.09M · July 2010
- Building
- The Residences 1 (W3)
About 301, The Residences 1 (W3)
301 is a two-bedroom apartment of 1,452 sqft on the 3rd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 20 July 2010 for AED 1,090,800, or AED 751 per sqft, 34% below the AED 1,142 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 175,000 a year: a gross yield of 16.0% on the 2010 price, before the service charge of about AED 31,300 a year.
Sales and rents for 301 over time
301 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 301 sits
All 69 2-beds →301 last sold in July 2010 at AED 751 per sqft, 34% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,142). 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. 301's AED 175,000 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 3rd floor
All 185 units in The Residences 1 (W3)301, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 20 July 2010 for AED 1,090,800, or AED 751 per sqft.
- Rented since July 2016 on 12 Ejari contracts. The rent fell from AED 164,000 to AED 105,000 in 2021 and recovered to AED 175,000 by November 2025.
- At AED 175,000 a year the gross yield on the 2010 price is 16.0%, 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 25 November 2025.
Questions about 301, The Residences 1 (W3)
What did unit 301 last sell for?
AED 1,090,800 on 20 July 2010, sold by the developer: AED 751 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 175,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2025, was AED 205,000; the unit has been rented since July 2016.
How big is unit 301?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 3rd floor of a 38-storey tower completed in 2007.
What is unit 301 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.
Selling 301? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 301, The Residences 1 (W3)
Starts from the last sale price (AED 1.09M, 20 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,090,800
- Deposit, UAE resident (20%)
- AED 218,160
- Deposit, non-resident (40%)
- AED 436,320
- Monthly over 25 years at 3.7%
- AED 4,463
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →