1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 34th floor · completed 2007

3404, The Residences 1 (W3)

Sold prices and rental history: sold 5 times, last in January 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 2.3M12 January 2026
Current rentAED 130K /yr24 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, The Residences 1 (W3)

What is 3404 worth today?

Last sold for AED 2,300,000 in 2026

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12 Jan 2026SoldReady
AED 2,300,000AED 2,513 per sqft
24 May 2025RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
24 May 2025RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
24 May 2024RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
22 Feb 2024SoldReady
AED 1,700,000AED 1,857 per sqft
29 Jul 2021SoldReady
AED 1,510,000AED 1,650 per sqft
10 May 2021RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
10 Feb 2021RentedRenewal
AED 109,992/yr3 months · AED 120 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
34th of 38
Parking
G-644
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 2.3M · January 2026

About 3404, The Residences 1 (W3)

3404 is a one-bedroom apartment of 915 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 12 January 2026 for AED 2,300,000, or AED 2,513 per sqft, in line with the AED 2,546 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 24 May 2025, is AED 130,000 a year: a gross yield of 5.7% on the 2026 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, November 2015: AED 1,675,000 (AED 1,830 per sqft)Sold, July 2021: AED 1,510,000 (AED 1,650 per sqft)Sold, February 2024: AED 1,700,000 (AED 1,857 per sqft)Sold, January 2026: AED 2,300,000 (AED 2,513 per sqft)

3404 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3404, each contractTypical one-bed in The Residences 1 (W3)
100K2012201620202024Typical 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, March 2017: AED 68,000 a yearNew contract, April 2019: AED 110,000 a yearRenewal, April 2020: AED 110,000 a yearRenewal, January 2021: AED 109,992 a yearRenewal, February 2021: AED 109,992 a yearRenewal, May 2021: AED 100,000 a yearNew contract, May 2024: AED 130,000 a yearRenewal, May 2025: AED 130,000 a yearRenewal, May 2025: AED 130,000 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 3404 sits

All 75 1-beds →

3404 last sold in January 2026 at AED 2,513 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 2,546). 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. 3404's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
7 Nov 20252,300,000
4 Sep 20252,600,000
25 Aug 20252,275,000
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 34th floor

All 185 units in The Residences 1 (W3)
Value
34012-bedAED 1.28M · Mar 2012
34023-bedAED 9M · Jun 2014
34032-bedAED 6.5M · Feb 2014
34051-bedAED 1.68M · Dec 2012

3404, The Residences 1 (W3) in numbers

  • Sold 5 times: first on 8 April 2010 for AED 421,900, last on 12 January 2026 for AED 2,300,000 (AED 2,513 per sqft).
  • Rented since March 2017 on 9 Ejari contracts, from AED 68,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2026 price is 5.7%, 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 12 January 2026.

Questions about 3404, The Residences 1 (W3)

What did unit 3404 last sell for?

AED 2,300,000 on 12 January 2026: AED 2,513 per sqft for 915 sqft. The unit has 5 registered sales; the first was AED 421,900 in April 2010.

What is the rent for unit 3404?

AED 130,000 a year on the contract renewed on 24 May 2025. The previous contract, from May 2025, was AED 130,000; the unit has been rented since March 2017.

How big is unit 3404?

915 sqft (85.0 sqm): a one-bedroom apartment on the 34th floor of a 38-storey tower completed in 2007.

What is unit 3404 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 3404, The Residences 1 (W3)

Starts from the last sale price (AED 2.3M, 12 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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