
3301, The Residences 1 (W3)
Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3301, The Residences 1 (W3)
What is 3301 worth today?
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Source: Dubai Land Department. Updated 6 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 33rd of 38
- Parking
- B1-580
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.25M · April 2023
- Building
- The Residences 1 (W3)
About 3301, The Residences 1 (W3)
3301 is a two-bedroom apartment of 1,452 sqft on the 33rd floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 April 2023 for AED 3,250,000, or AED 2,238 per sqft, 4% above the AED 2,152 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 October 2022, is AED 185,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3301 over time
3301 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 3301 sits
All 69 2-beds →3301 last sold in April 2023 at AED 2,238 per sqft, 4% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,152). 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. 3301's AED 185,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,629 sqft | 5,200,000 | 3,192 | ||
| 4 Feb 20264 February 2026 | 1,452 sqft | 3,850,000 | 2,651 | ||
| 30 Jan 202630 January 2026 | 1,452 sqft | 3,800,000 | 2,616 | ||
| 3 Jun 20253 June 2025 | 1,629 sqft | 3,765,037 | 2,311 |
The Residences 1 (W3)
Building185 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%
Other units on the 33rd floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3302 | 3-bed | 2,082 sqft | AED 2.27MAED 2,272,800 · Oct 2008October 2008 | 360,000 /yr | |
| 3303 | 2-bed | 1,629 sqft | AED 6.7MAED 6,700,000 · Jun 2014June 2014 | 160,000 /yr | |
| 3304 | 1-bed | 915 sqft | AED 2.6MAED 2,600,000 · Sep 2025September 2025 | 140,000 /yr | |
| 3305 | 1-bed | 1,046 sqft | AED 1.3MAED 1,300,000 · May 2009May 2009 | 125,000 /yr |
3301, The Residences 1 (W3) in numbers
- Sold 4 times: first on 25 January 2011 for AED 2,750,000, last on 6 April 2023 for AED 3,250,000 (AED 2,238 per sqft).
- Rented since December 2013 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 90,000 in 2020 and recovered to AED 185,000 by October 2022.
- At AED 185,000 a year the gross yield on the 2023 price is 5.7%, 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 6 April 2023.
Questions about 3301, The Residences 1 (W3)
What did unit 3301 last sell for?
AED 3,250,000 on 6 April 2023: AED 2,238 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 2,750,000 in January 2011.
What is the rent for unit 3301?
AED 185,000 a year on the contract signed on 15 October 2022. The previous contract, from November 2020, was AED 90,000; the unit has been rented since December 2013.
How big is unit 3301?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 33rd floor of a 38-storey tower completed in 2007.
What is unit 3301 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 3301, The Residences 1 (W3)
Starts from the last sale price (AED 3.25M, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →