3-bed · 2,082 sqftThe Residences 1 (W3), Downtown Dubai · 31st floor · completed 2007

3102, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 4M19 July 2011
Current rentAED 270K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, The Residences 1 (W3)

What is 3102 worth today?

Last sold for AED 4,000,000 in 2011

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1 Jul 2026RentedNew contract
AED 270,000/yr12 months · AED 130 per sqft
7 Jun 2025RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
7 Jun 2025RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
7 Jun 2024RentedNew contract
AED 300,000/yr12 months · AED 144 per sqft
7 Oct 2021RentedNew contract
AED 275,000/yr12 months · AED 132 per sqft
19 Jul 2011SoldReady
AED 4,000,000AED 1,921 per sqft
6 Aug 2008Sold by developerReady
AED 2,244,800AED 1,078 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
31st of 38
Parking
G-677,G-678
Developer
Emaar
Completed
2007
Service charge
AED 44,900 /yr
Last sold
AED 4M · July 2011

About 3102, The Residences 1 (W3)

3102 is a three-bedroom apartment of 2,082 sqft on the 31st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 19 July 2011 for AED 4,000,000, or AED 1,921 per sqft, 83% above the AED 1,051 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 July 2026, is AED 270,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 44,900 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, each saleTypical three-bed in The Residences 1 (W3)
5M2008201320182023Typical sale price by year: 2008 AED 2,398,844; 2009 AED 2,258,800; 2010 AED 2,139,800; 2011 AED 2,562,888; 2012 AED 3,302,400; 2013 AED 7,300,000; 2014 AED 6,825,000; 2015 AED 7,900,000; 2020 AED 4,100,000; 2022 AED 3,061,980; 2025 AED 7,300,000; 2026 AED 7,100,000Sold by developer, August 2008: AED 2,244,800 (AED 1,078 per sqft)Sold, July 2011: AED 4,000,000 (AED 1,921 per sqft)

3102 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3102, each contractTypical three-bed in The Residences 1 (W3)
200K300K2012201620202024Typical rent by year: 2012 AED 205,000; 2013 AED 265,000; 2014 AED 265,000; 2015 AED 289,592; 2016 AED 272,500; 2017 AED 253,750; 2018 AED 202,500; 2019 AED 175,000; 2020 AED 170,691; 2021 AED 185,000; 2022 AED 185,000; 2023 AED 280,000; 2024 AED 300,000; 2025 AED 305,000; 2026 AED 292,500New contract, October 2021: AED 275,000 a yearNew contract, June 2024: AED 300,000 a yearRenewal, June 2025: AED 300,000 a yearRenewal, June 2025: AED 300,000 a yearNew contract, July 2026: AED 270,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences 1 (W3), and where 3102 sits

All 40 3-beds →

3102 last sold in July 2011 at AED 1,921 per sqft, 83% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,051). Over the last 12 months three-beds sold for AED 7,050,000 to 20,000,000, around AED 3,410 per sqft, and rent for AED 223,200 to 390,000 a year. 3102's AED 270,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20267,050,000
28 Jan 20267,100,000
14 Jan 202620,000,000
15 Sep 20257,300,000
3 3-bed sales in the last 12 months

The Residences 1 (W3)

Building

185 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%
The Residences 1 (W3), Downtown Dubai: prices, sales and rents →

Other units on the 31st floor

All 185 units in The Residences 1 (W3)
Value
31012-bedAED 1.26M · May 2010
31032-bedAED 1.77M · May 2010
31041-bedAED 2M · Apr 2017
31051-bedAED 742K · Mar 2011

3102, The Residences 1 (W3) in numbers

  • Sold twice: first on 6 August 2008 for AED 2,244,800, last on 19 July 2011 for AED 4,000,000 (AED 1,921 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 275,000 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
  • Three-beds in The Residences 1 (W3) sold for AED 7,050,000–20,000,000 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 July 2026.

Questions about 3102, The Residences 1 (W3)

What did unit 3102 last sell for?

AED 4,000,000 on 19 July 2011: AED 1,921 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 2,244,800 in August 2008.

What is the rent for unit 3102?

AED 270,000 a year on the contract signed on 1 July 2026. The previous contract, from June 2025, was AED 300,000; the unit has been rented since October 2021.

How big is unit 3102?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 31st floor of a 38-storey tower completed in 2007.

What is unit 3102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,050,000 to 20,000,000 in the last 12 months, around AED 3,410 per sqft.

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Mortgage on 3102, The Residences 1 (W3)

Starts from the last sale price (AED 4M, 19 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →