2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 33rd floor · completed 2007

3303, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3303 · DLD and Ejari recordsUpdated 5 February 2021
Last soldAED 6.7M5 June 2014
Current rentAED 160K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3303, The Residences 1 (W3)

What is 3303 worth today?

Last sold for AED 6,700,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Feb 2021RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
1 May 2019RentedRenewal
AED 210,000/yr12 months · AED 129 per sqft
1 May 2018RentedNew contract
AED 210,000/yr12 months · AED 129 per sqft
19 Nov 2016RentedRenewal
AED 290,000/yr12 months · AED 178 per sqft
19 Nov 2015RentedNew contract
AED 290,000/yr12 months · AED 178 per sqft
5 Jun 2014SoldReady
AED 6,700,000AED 4,112 per sqft
6 Feb 2014SoldReady
AED 6,100,000AED 3,744 per sqft
25 Aug 2013RentedNew contract
AED 99,732/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 5 February 2021.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
33rd of 38
Parking
B1-581
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 6.7M · June 2014

About 3303, The Residences 1 (W3)

3303 is a two-bedroom apartment of 1,629 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 5 June 2014 for AED 6,700,000, or AED 4,112 per sqft, 25% above the AED 3,301 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 February 2021, is AED 160,000 a year: a gross yield of 2.4% on the 2014 price, before the service charge of about AED 35,100 a year.

Sales and rents for 3303 over time

Sales
Unit 3303, each saleTypical two-bed in The Residences 1 (W3)
2.5M5M7.5M2008201320182023Typical 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, March 2009: AED 1,798,800 (AED 1,104 per sqft)Sold, February 2014: AED 6,100,000 (AED 3,744 per sqft)Sold, June 2014: AED 6,700,000 (AED 4,112 per sqft)

3303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3303, each contractTypical two-bed in The Residences 1 (W3)
100K200K300K2012201620202024Typical 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, August 2013: AED 99,732 a yearNew contract, November 2015: AED 290,000 a yearRenewal, November 2016: AED 290,000 a yearNew contract, May 2018: AED 210,000 a yearRenewal, May 2019: AED 210,000 a yearNew contract, February 2021: AED 160,000 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 3303 sits

All 69 2-beds →

3303 last sold in June 2014 at AED 4,112 per sqft, 25% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 3,301). 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. 3303's AED 160,000 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 33rd floor

All 185 units in The Residences 1 (W3)
Value
33012-bedAED 3.25M · Apr 2023
33023-bedAED 2.27M · Oct 2008
33041-bedAED 2.6M · Sep 2025
33051-bedAED 1.3M · May 2009

3303, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 18 March 2009 for AED 1,798,800, last on 5 June 2014 for AED 6,700,000 (AED 4,112 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 99,732 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2014 price is 2.4%, 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 5 February 2021.

Questions about 3303, The Residences 1 (W3)

What did unit 3303 last sell for?

AED 6,700,000 on 5 June 2014: AED 4,112 per sqft for 1,629 sqft. The unit has 3 registered sales; the first was AED 1,798,800 in March 2009.

What is the rent for unit 3303?

AED 160,000 a year on the contract signed on 5 February 2021. The previous contract, from May 2019, was AED 210,000; the unit has been rented since August 2013.

How big is unit 3303?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 33rd floor of a 38-storey tower completed in 2007.

What is unit 3303 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.

Selling 3303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3303, The Residences 1 (W3)

Starts from the last sale price (AED 6.7M, 5 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

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