1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 35th floor · completed 2007

3504, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 2.36M28 February 2025
Current rentAED 135K /yr3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, The Residences 1 (W3)

What is 3504 worth today?

Last sold for AED 2,360,000 in 2025

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28 Feb 2025SoldReady
AED 2,360,000AED 2,579 per sqft
3 Jun 2024RentedRenewal
AED 135,000/yr12 months · AED 148 per sqft
3 Jun 2023RentedNew contract
AED 135,000/yr12 months · AED 148 per sqft
20 May 2022RentedNew contract
AED 108,000/yr12 months · AED 118 per sqft
20 May 2021RentedRenewal
AED 102,000/yr12 months · AED 111 per sqft
20 May 2020RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
20 May 2019RentedRenewal
AED 108,000/yr12 months · AED 118 per sqft
20 May 2018RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
35th of 38
Parking
B2-506
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 2.36M · February 2025

About 3504, The Residences 1 (W3)

3504 is a one-bedroom apartment of 915 sqft on the 35th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 28 February 2025 for AED 2,360,000, or AED 2,579 per sqft, 37% above the AED 1,889 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 3 June 2024, is AED 135,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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 by developer, December 2008: AED 848,800 (AED 927 per sqft)Sold, February 2013: AED 2,000,000 (AED 2,185 per sqft)Sold, February 2025: AED 2,360,000 (AED 2,579 per sqft)

3504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3504, each contractTypical one-bed in The Residences 1 (W3)
100K150K2012201620202024Typical 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 2013: AED 125,000 a yearNew contract, September 2015: AED 140,000 a yearRenewal, September 2016: AED 140,000 a yearNew contract, May 2018: AED 110,000 a yearRenewal, May 2019: AED 108,000 a yearRenewal, May 2020: AED 105,000 a yearRenewal, May 2021: AED 102,000 a yearNew contract, May 2022: AED 108,000 a yearNew contract, June 2023: AED 135,000 a yearRenewal, June 2024: AED 135,000 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 3504 sits

All 75 1-beds →

3504 last sold in February 2025 at AED 2,579 per sqft, 37% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,889). 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. 3504's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,850,000
12 Jan 20262,300,000
7 Nov 20252,300,000
4 Sep 20252,600,000
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 35th floor

All 185 units in The Residences 1 (W3)
Value
35012-bedAED 1.28M · Dec 2010
35023-bedAED 2.95M · Oct 2010
35032-bedAED 3.1M · Aug 2010
35051-bedAED 1.78M · Aug 2024

3504, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 21 December 2008 for AED 848,800, last on 28 February 2025 for AED 2,360,000 (AED 2,579 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 102,000 in 2021 and recovered to AED 135,000 by June 2024.
  • At AED 135,000 a year the gross yield on the 2025 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 28 February 2025.

Questions about 3504, The Residences 1 (W3)

What did unit 3504 last sell for?

AED 2,360,000 on 28 February 2025: AED 2,579 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 848,800 in December 2008.

What is the rent for unit 3504?

AED 135,000 a year on the contract renewed on 3 June 2024. The previous contract, from June 2023, was AED 135,000; the unit has been rented since March 2013.

How big is unit 3504?

915 sqft (85.0 sqm): a one-bedroom apartment on the 35th floor of a 38-storey tower completed in 2007.

What is unit 3504 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 3504, The Residences 1 (W3)

Starts from the last sale price (AED 2.36M, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

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