3502, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in October 2010, 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 3502, The Residences 1 (W3)
What is 3502 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 35th of 38
- Parking
- B1-586,B1-587
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 2.95M · October 2010
- Building
- The Residences 1 (W3)
About 3502, The Residences 1 (W3)
3502 is a three-bedroom apartment of 2,082 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 28 October 2010 for AED 2,950,000, or AED 1,416 per sqft, 38% above the AED 1,028 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, renewed on 30 April 2025, is AED 305,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 3502 over time
3502 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 1 (W3), and where 3502 sits
All 40 3-beds →3502 last sold in October 2010 at AED 1,416 per sqft, 38% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,028). Over the last 12 months three-beds sold for AED 7,050,000 to 20,000,000, around AED 3,410 per sqft, and rent for AED 223,200 to 390,000 a year. 3502's AED 305,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 2,082 sqft | 7,050,000 | 3,386 | ||
| 28 Jan 202628 January 2026 | 2,082 sqft | 7,100,000 | 3,410 | ||
| 14 Jan 202614 January 2026 | 3,289 sqft | 20,000,000 | 6,080 | ||
| 15 Sep 202515 September 2025 | 2,082 sqft | 7,300,000 | 3,506 |
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 | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,452 sqft | AED 1.28MAED 1,282,800 · Dec 2010December 2010 | 156,839 /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 |
3502, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 28 October 2010 for AED 2,950,000, or AED 1,416 per sqft.
- Rented since February 2013 on 16 Ejari contracts. The rent fell from AED 262,500 to AED 185,000 in 2023 and recovered to AED 305,000 by April 2025.
- At AED 305,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
- Three-beds in The Residences 1 (W3) sold for AED 7,050,000–20,000,000 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 30 April 2025.
Questions about 3502, The Residences 1 (W3)
What did unit 3502 last sell for?
AED 2,950,000 on 28 October 2010, sold by the developer: AED 1,416 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 3502?
AED 305,000 a year on the contract renewed on 30 April 2025. The previous contract, from April 2025, was AED 305,000; the unit has been rented since February 2013.
How big is unit 3502?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 35th floor of a 38-storey tower completed in 2007.
What is unit 3502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,050,000 to 20,000,000 in the last 12 months, around AED 3,410 per sqft.
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Mortgage on 3502, The Residences 1 (W3)
Starts from the last sale price (AED 2.95M, 28 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →