2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 36th floor · completed 2007

3603, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in June 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 10 June 2010
Last soldAED 4.48M10 June 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3603, The Residences 1 (W3)

What is 3603 worth today?

Last sold for AED 4,475,000 in 2010

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10 Jun 2010Sold by developerReady
AED 4,475,000AED 2,747 per sqft
10 Jun 2010SoldReady
AED 2,000,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 10 June 2010.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
36th of 38
Parking
B2-512
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 4.48M · June 2010

About 3603, The Residences 1 (W3)

3603 is a two-bedroom apartment of 1,629 sqft on the 36th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 10 June 2010 for AED 4,475,000, or AED 2,747 per sqft, 136% above the AED 1,166 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3603 over time

Sales
Unit 3603, each saleTypical two-bed in The Residences 1 (W3)
2M4M2008201320182023Typical sale price by year: 2008 AED 1,348,800; 2009 AED 1,726,800; 2010 AED 1,624,800; 2011 AED 2,050,000; 2012 AED 2,375,000; 2013 AED 3,125,000; 2014 AED 4,500,000; 2015 AED 3,100,000; 2021 AED 3,600,000; 2023 AED 3,700,000; 2024 AED 3,425,000; 2025 AED 3,707,519; 2026 AED 3,850,000Sold by developer, June 2010: AED 4,475,000 (AED 2,747 per sqft)Sold, June 2010: AED 2,000,000 (AED 1,227 per sqft)

3603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3603, each contractTypical two-bed in The Residences 1 (W3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,500; 2014 AED 177,500; 2015 AED 182,500; 2016 AED 176,875; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 127,917; 2020 AED 110,750; 2021 AED 112,500; 2022 AED 138,432; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 195,000; 2026 AED 185,500

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 3603 sits

All 69 2-beds →

3603 last sold in June 2010 at AED 2,747 per sqft, 136% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 1,166). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20265,200,000
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
3 2-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 36th floor

All 185 units in The Residences 1 (W3)
Value
36012-bedAED 1.29M · Jul 2009
36023-bedAED 7.3M · Sep 2025
36041-bedAED 1.75M · Apr 2023
36051-bedAED 1.9M · Sep 2015

3603, The Residences 1 (W3) in numbers

  • Sold twice: first on 10 June 2010 for AED 2,000,000, last on 10 June 2010 for AED 4,475,000 (AED 2,747 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 10 June 2010.

Questions about 3603, The Residences 1 (W3)

What did unit 3603 last sell for?

AED 4,475,000 on 10 June 2010, sold by the developer: AED 2,747 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in June 2010.

How big is unit 3603?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 36th floor of a 38-storey tower completed in 2007.

What is unit 3603 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 3603, The Residences 1 (W3)

Starts from the last sale price (AED 4.48M, 10 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 4,475,000
Deposit, UAE resident (20%)
AED 895,000
Deposit, non-resident (40%)
AED 1,790,000
Monthly over 25 years at 3.7%
AED 18,309

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