401, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Residences 1 (W3)
What is 401 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 4th of 38
- Parking
- L1-741
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.45M · August 2022
- Building
- The Residences 1 (W3)
About 401, The Residences 1 (W3)
401 is a two-bedroom apartment of 1,452 sqft on the 4th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 August 2022 for AED 2,450,000, or AED 1,687 per sqft.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 185,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 31,300 a year.
Sales and rents for 401 over time
401 has sold twice; 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 401 sits
All 69 2-beds →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. 401's AED 185,000 is in the lower half 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 4th floor
All 185 units in The Residences 1 (W3)401, The Residences 1 (W3) in numbers
- Sold twice: first on 19 February 2013 for AED 1,096,800, last on 18 August 2022 for AED 2,450,000 (AED 1,687 per sqft).
- Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 88,000 in 2020 and recovered to AED 185,000 by October 2026.
- At AED 185,000 a year the gross yield on the 2022 price is 7.5%, 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 15 October 2026.
Questions about 401, The Residences 1 (W3)
What did unit 401 last sell for?
AED 2,450,000 on 18 August 2022: AED 1,687 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,096,800 in February 2013.
What is the rent for unit 401?
AED 185,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 185,000; the unit has been rented since July 2015.
How big is unit 401?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 4th floor of a 38-storey tower completed in 2007.
What is unit 401 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 401, The Residences 1 (W3)
Starts from the last sale price (AED 2.45M, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →