2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 31st floor · completed 2007

3103, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 11 December 2025
Last soldAED 1.77M10 May 2010
Current rentAED 200K /yr11 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, The Residences 1 (W3)

What is 3103 worth today?

Last sold for AED 1,774,800 in 2010

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11 Dec 2025RentedRenewal
AED 200,300/yr12 months · AED 123 per sqft
11 Dec 2024RentedRenewal
AED 200,300/yr12 months · AED 123 per sqft
11 Dec 2023RentedRenewal
AED 195,000/yr12 months · AED 120 per sqft
11 Dec 2022RentedRenewal
AED 180,000/yr12 months · AED 110 per sqft
4 Jan 2022RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
26 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
12 Dec 2021RentedRenewal
AED 142,000/yr12 months · AED 87 per sqft
11 Dec 2021RentedNew contract
AED 142,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 11 December 2025.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
31st of 38
Parking
B2-388
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 1.77M · May 2010

About 3103, The Residences 1 (W3)

3103 is a two-bedroom apartment of 1,629 sqft on the 31st floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 10 May 2010 for AED 1,774,800, or AED 1,089 per sqft, in line with the AED 1,118 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 11 December 2025, is AED 200,300 a year: a gross yield of 11.3% on the 2010 price, before the service charge of about AED 35,100 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, May 2010: AED 1,774,800 (AED 1,089 per sqft)

3103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3103, each contractTypical two-bed in The Residences 1 (W3)
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500New contract, November 2012: AED 200,000 a yearNew contract, November 2014: AED 220,000 a yearRenewal, November 2015: AED 220,000 a yearRenewal, November 2016: AED 220,000 a yearNew contract, December 2017: AED 180,000 a yearRenewal, December 2018: AED 180,000 a yearRenewal, December 2019: AED 180,000 a yearRenewal, December 2020: AED 142,000 a yearNew contract, December 2021: AED 100,000 a yearRenewal, December 2021: AED 142,000 a yearNew contract, December 2021: AED 142,000 a yearNew contract, January 2022: AED 90,000 a yearRenewal, December 2022: AED 180,000 a yearRenewal, December 2023: AED 195,000 a yearRenewal, December 2024: AED 200,300 a yearRenewal, December 2025: AED 200,300 a year

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 3103 sits

All 69 2-beds →

3103 last sold in May 2010 at AED 1,089 per sqft, in line with what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,118). 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. 3103's AED 200,300 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-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
31023-bedAED 4M · Jul 2011
31041-bedAED 2M · Apr 2017
31051-bedAED 742K · Mar 2011

3103, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 10 May 2010 for AED 1,774,800, or AED 1,089 per sqft.
  • Rented since November 2012 on 16 Ejari contracts. The rent fell from AED 200,000 to AED 90,000 in 2022 and recovered to AED 200,300 by December 2025.
  • At AED 200,300 a year the gross yield on the 2010 price is 11.3%, before a service charge of about AED 35,100 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 11 December 2025.

Questions about 3103, The Residences 1 (W3)

What did unit 3103 last sell for?

AED 1,774,800 on 10 May 2010, sold by the developer: AED 1,089 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 200,300 a year on the contract renewed on 11 December 2025. The previous contract, from December 2024, was AED 200,300; the unit has been rented since November 2012.

How big is unit 3103?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 31st floor of a 38-storey tower completed in 2007.

What is unit 3103 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 3103, The Residences 1 (W3)

Starts from the last sale price (AED 1.77M, 10 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,774,800
Deposit, UAE resident (20%)
AED 354,960
Deposit, non-resident (40%)
AED 709,920
Monthly over 25 years at 3.7%
AED 7,261

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