1-bed · 1,046 sqftThe Residences 1 (W3), Downtown Dubai · 32nd floor · completed 2007

3205, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3205 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 575K23 March 2011
Current rentAED 100K /yr24 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3205, The Residences 1 (W3)

What is 3205 worth today?

Last sold for AED 575,000 in 2011

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24 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
24 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
24 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 91 per sqft
12 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 110 per sqft
23 Mar 2011Sold by developerReady · flagged as an outlier
AED 575,000AED 549 per sqft
23 Mar 2011SoldReady
AED 676,800AED 647 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
32nd of 38
Parking
L1-720
Developer
Emaar
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 575K · March 2011

About 3205, The Residences 1 (W3)

3205 is a one-bedroom apartment of 1,046 sqft on the 32nd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 23 March 2011 for AED 575,000, or AED 549 per sqft, 29% below the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 24 February 2025, is AED 100,000 a year: a gross yield of 17.4% on the 2011 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3205 over time

Sales
Unit 3205, 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, March 2011: AED 676,800 (AED 647 per sqft)

3205 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3205, 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 2016: AED 115,000 a yearNew contract, February 2018: AED 95,000 a yearNew contract, February 2025: AED 100,000 a yearNew contract, February 2025: AED 100,000 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 3205 sits

All 75 1-beds →

3205 last sold in March 2011 at AED 549 per sqft, 29% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 774). 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. 3205's AED 100,000 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
32041-bedAED 1.95M · Dec 2016

3205, The Residences 1 (W3) in numbers

  • Sold twice: first on 23 March 2011 for AED 676,800, last on 23 March 2011 for AED 575,000 (AED 549 per sqft).
  • Rented since October 2016 on 4 Ejari contracts, from AED 115,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 17.4%, before a service charge of about AED 22,500 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 24 February 2025.

Questions about 3205, The Residences 1 (W3)

What did unit 3205 last sell for?

AED 575,000 on 23 March 2011, sold by the developer: AED 549 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 676,800 in March 2011.

What is the rent for unit 3205?

AED 100,000 a year on the contract signed on 24 February 2025. The previous contract, from February 2025, was AED 100,000; the unit has been rented since October 2016.

How big is unit 3205?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 32nd floor of a 38-storey tower completed in 2007.

What is unit 3205 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 3205, The Residences 1 (W3)

Starts from the last sale price (AED 575K, 23 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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