3403, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in February 2014, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3403, The Residences 1 (W3)
What is 3403 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,629 sqft
- Floor
- 34th of 38
- Parking
- G-645
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 35,100 /yr
- Last sold
- AED 6.5M · February 2014
- Building
- The Residences 1 (W3)
About 3403, The Residences 1 (W3)
3403 is a two-bedroom apartment of 1,629 sqft on the 34th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 20 February 2014 for AED 6,500,000, or AED 3,990 per sqft, 21% above the AED 3,301 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 April 2022. The current contract, signed on 4 April 2022, is AED 195,000 a year: a gross yield of 3.0% on the 2014 price, before the service charge of about AED 35,100 a year.
Sales and rents for 3403 over time
3403 has sold twice; 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 3403 sits
All 69 2-beds →3403 last sold in February 2014 at AED 3,990 per sqft, 21% 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. 3403's AED 195,000 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 34th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,452 sqft | AED 1.28MAED 1,276,800 · Mar 2012March 2012 | 126,000 /yr | |
| 3402 | 3-bed | 2,082 sqft | AED 9MAED 9,000,000 · Jun 2014June 2014 | 330,000 /yr | |
| 3404 | 1-bed | 915 sqft | AED 2.3MAED 2,300,000 · Jan 2026January 2026 | 130,000 /yr | |
| 3405 | 1-bed | 1,046 sqft | AED 1.68MAED 1,675,000 · Dec 2012December 2012 | 120,000 /yr |
3403, The Residences 1 (W3) in numbers
- Sold twice: first on 10 February 2010 for AED 1,810,800, last on 20 February 2014 for AED 6,500,000 (AED 3,990 per sqft).
- Rented since April 2022 on one Ejari contract, at AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2014 price is 3.0%, 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 4 April 2022.
Questions about 3403, The Residences 1 (W3)
What did unit 3403 last sell for?
AED 6,500,000 on 20 February 2014: AED 3,990 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 1,810,800 in February 2010.
What is the rent for unit 3403?
AED 195,000 a year on the contract signed on 4 April 2022.
How big is unit 3403?
1,629 sqft (151.3 sqm): a two-bedroom apartment on the 34th floor of a 38-storey tower completed in 2007.
What is unit 3403 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 3403? 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.
Mortgage on 3403, The Residences 1 (W3)
Starts from the last sale price (AED 6.5M, 20 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 6,500,000
- Deposit, UAE resident (20%)
- AED 1,300,000
- Deposit, non-resident (40%)
- AED 2,600,000
- Monthly over 25 years at 3.7%
- AED 26,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →