2-bed · 1,452 sqftThe Residences 1 (W3), Downtown Dubai · 32nd floor · completed 2007

3201, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 2.05M15 July 2020
Current rentAED 152K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Residences 1 (W3)

What is 3201 worth today?

Last sold for AED 2,050,000 in 2020

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5 Nov 2025RentedRenewal
AED 152,400/yr15 months · AED 106 per sqft
5 Nov 2024RentedRenewal
AED 152,400/yr12 months · AED 106 per sqft
5 Nov 2024RentedRenewal
AED 152,400/yr12 months · AED 106 per sqft
5 Nov 2023RentedRenewal
AED 145,000/yr12 months · AED 101 per sqft
5 Nov 2022RentedRenewal
AED 115,000/yr12 months · AED 80 per sqft
5 Nov 2021RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
15 Jul 2020SoldReady
AED 2,050,000AED 1,411 per sqft
5 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
32nd of 38
Parking
L1-718
Developer
Emaar
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 2.05M · July 2020

About 3201, The Residences 1 (W3)

3201 is a two-bedroom apartment of 1,452 sqft on the 32nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 15 July 2020 for AED 2,050,000, or AED 1,411 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 152,400 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 31,300 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, October 2011: AED 2,300,000 (AED 1,583 per sqft)Sold by developer, October 2011: AED 1,900,000 (AED 1,308 per sqft)Sold, July 2020: AED 2,050,000 (AED 1,411 per sqft)

3201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, each contractTypical two-bed in The Residences 1 (W3)
100K150K200K2012201620202024Typical 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, December 2014: AED 215,000 a yearNew contract, February 2017: AED 160,000 a yearNew contract, November 2017: AED 160,000 a yearRenewal, November 2018: AED 130,000 a yearRenewal, November 2019: AED 120,000 a yearRenewal, November 2021: AED 110,000 a yearRenewal, November 2022: AED 115,000 a yearRenewal, November 2023: AED 145,000 a yearRenewal, November 2024: AED 152,400 a yearRenewal, November 2024: AED 152,400 a yearRenewal, November 2025: AED 152,400 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 3201 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. 3201's AED 152,400 is at the bottom 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 32nd floor

All 185 units in The Residences 1 (W3)
Value
32023-bedAED 2.26M · Jun 2009
32032-bedAED 5.7M · Jun 2015
32041-bedAED 1.95M · Dec 2016
32051-bedAED 677K · Mar 2011

3201, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 20 October 2011 for AED 1,900,000, last on 15 July 2020 for AED 2,050,000 (AED 1,411 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 215,000 to AED 110,000 in 2021 and recovered to AED 152,400 by November 2025.
  • At AED 152,400 a year the gross yield on the 2020 price is 7.4%, 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 5 November 2025.

Questions about 3201, The Residences 1 (W3)

What did unit 3201 last sell for?

AED 2,050,000 on 15 July 2020: AED 1,411 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 1,900,000 in October 2011.

What is the rent for unit 3201?

AED 152,400 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 152,400; the unit has been rented since December 2014.

How big is unit 3201?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 32nd floor of a 38-storey tower completed in 2007.

What is unit 3201 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 3201, The Residences 1 (W3)

Starts from the last sale price (AED 2.05M, 15 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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