3501, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, The Residences 1 (W3)
What is 3501 worth today?
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Source: Dubai Land Department. Updated 23 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 35th of 38
- Parking
- B2-504
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.28M · December 2010
- Building
- The Residences 1 (W3)
About 3501, The Residences 1 (W3)
3501 is a two-bedroom apartment of 1,452 sqft on the 35th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 8 December 2010 for AED 1,282,800, or AED 883 per sqft, 12% below the AED 1,001 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 23 September 2026, is AED 156,839 a year: a gross yield of 12.2% on the 2010 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3501 over time
3501 has sold once; 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 3501 sits
All 69 2-beds →3501 last sold in December 2010 at AED 883 per sqft, 12% below what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,001). 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. 3501's AED 156,839 is at the bottom 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 35th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,082 sqft | AED 2.95MAED 2,950,000 · Oct 2010October 2010 | 305,000 /yr | |
| 3503 | 2-bed | 1,629 sqft | AED 3.1MAED 3,100,000 · Aug 2010August 2010 | ||
| 3504 | 1-bed | 915 sqft | AED 2.36MAED 2,360,000 · Feb 2025February 2025 | 135,000 /yr | |
| 3505 | 1-bed | 1,046 sqft | AED 1.78MAED 1,780,000 · Aug 2024August 2024 | 78,750 /yr |
3501, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 8 December 2010 for AED 1,282,800, or AED 883 per sqft.
- Rented since January 2017 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2020 and recovered to AED 156,839 by September 2026.
- At AED 156,839 a year the gross yield on the 2010 price is 12.2%, 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 23 September 2026.
Questions about 3501, The Residences 1 (W3)
What did unit 3501 last sell for?
AED 1,282,800 on 8 December 2010, sold by the developer: AED 883 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 3501?
AED 156,839 a year on the contract renewed on 23 September 2026. The previous contract, from September 2025, was AED 136,382; the unit has been rented since January 2017.
How big is unit 3501?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 35th floor of a 38-storey tower completed in 2007.
What is unit 3501 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 3501, The Residences 1 (W3)
Starts from the last sale price (AED 1.28M, 8 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,282,800
- Deposit, UAE resident (20%)
- AED 256,560
- Deposit, non-resident (40%)
- AED 513,120
- Monthly over 25 years at 3.7%
- AED 5,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →