1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 32nd floor · completed 2007

3204, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.95M19 December 2016
Current rentAED 115K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, The Residences 1 (W3)

What is 3204 worth today?

Last sold for AED 1,950,000 in 2016

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1 Nov 2026RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
13 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 126 per sqft
13 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
14 Oct 2022RentedRenewal
AED 90,251/yr12 months · AED 99 per sqft
14 Oct 2021RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
14 Oct 2020RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
19 Dec 2016SoldReady
AED 1,950,000AED 2,131 per sqft
11 Dec 2011SoldReady
AED 1,235,000AED 1,349 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
32nd of 38
Parking
L1-719
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 1.95M · December 2016

About 3204, The Residences 1 (W3)

3204 is a one-bedroom apartment of 915 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 19 December 2016 for AED 1,950,000, or AED 2,131 per sqft, in line with the AED 2,103 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 November 2026, is AED 115,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical one-bed in The Residences 1 (W3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,050,000; 2009 AED 1,146,535; 2010 AED 725,800; 2011 AED 1,030,000; 2012 AED 1,362,500; 2013 AED 1,712,500; 2014 AED 2,175,000; 2015 AED 2,047,500; 2016 AED 1,937,500; 2020 AED 1,225,000; 2021 AED 1,400,000; 2022 AED 1,502,444; 2023 AED 1,845,000; 2024 AED 2,000,000; 2025 AED 2,360,000Sold by developer, September 2009: AED 760,000 (AED 830 per sqft)Sold, December 2011: AED 1,235,000 (AED 1,349 per sqft)Sold, December 2016: AED 1,950,000 (AED 2,131 per sqft)

3204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3204, each contractTypical one-bed in The Residences 1 (W3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 119,000; 2015 AED 123,750; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 96,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 104,706; 2024 AED 115,000; 2025 AED 125,000; 2026 AED 120,000New contract, October 2020: AED 75,000 a yearNew contract, October 2021: AED 85,000 a yearRenewal, October 2022: AED 90,251 a yearRenewal, October 2023: AED 100,000 a yearRenewal, October 2024: AED 115,000 a yearNew contract, November 2026: AED 115,000 a year

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

1-beds in The Residences 1 (W3), and where 3204 sits

All 75 1-beds →

3204 last sold in December 2016 at AED 2,131 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 2,103). Over the last 12 months one-beds sold for AED 2,300,000 to 2,850,000, around AED 2,619 per sqft, and rent for AED 90,000 to 160,000 a year. 3204's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
12 Jan 20262,300,000
7 Nov 20252,300,000
4 Sep 20252,600,000
2 1-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
32012-bedAED 2.05M · Jul 2020
32023-bedAED 2.26M · Jun 2009
32032-bedAED 5.7M · Jun 2015
32051-bedAED 677K · Mar 2011

3204, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 6 September 2009 for AED 760,000, last on 19 December 2016 for AED 1,950,000 (AED 2,131 per sqft).
  • Rented since October 2020 on 6 Ejari contracts, from AED 75,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 19,700 a year (AED 21.55 per sqft).
  • One-beds in The Residences 1 (W3) sold for AED 2,300,000–2,850,000 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 November 2026.

Questions about 3204, The Residences 1 (W3)

What did unit 3204 last sell for?

AED 1,950,000 on 19 December 2016: AED 2,131 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 760,000 in September 2009.

What is the rent for unit 3204?

AED 115,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2024, was AED 115,000; the unit has been rented since October 2020.

How big is unit 3204?

915 sqft (85.0 sqm): a one-bedroom apartment on the 32nd floor of a 38-storey tower completed in 2007.

What is unit 3204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 1 (W3) sold for AED 2,300,000 to 2,850,000 in the last 12 months, around AED 2,619 per sqft.

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Mortgage on 3204, The Residences 1 (W3)

Starts from the last sale price (AED 1.95M, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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