2-bed · 1,629 sqftThe Residences 1 (W3), Downtown Dubai · 4th floor · completed 2007

403, The Residences 1 (W3)

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 5.2M9 February 2026
Current rentAED 125K /yr20 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Residences 1 (W3)

What is 403 worth today?

Last sold for AED 5,200,000 in 2026

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9 Feb 2026SoldReady
AED 5,200,000AED 3,192 per sqft
20 Oct 2020RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
28 Aug 2019RentedRenewal
AED 160,000/yr12 months · AED 98 per sqft
28 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
8 Jun 2014RentedNew contract
AED 175,000/yr12 months · AED 108 per sqft
10 Nov 2008Sold by developerReady
AED 1,450,800AED 890 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
4th of 38
Parking
L1-742
Developer
Emaar
Completed
2007
Service charge
AED 35,100 /yr
Last sold
AED 5.2M · February 2026

About 403, The Residences 1 (W3)

403 is a two-bedroom apartment of 1,629 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 9 February 2026 for AED 5,200,000, or AED 3,192 per sqft, 21% above the AED 2,634 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 October 2020, is AED 125,000 a year: a gross yield of 2.4% on the 2026 price, before the service charge of about AED 35,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, November 2008: AED 1,450,800 (AED 890 per sqft)Sold, February 2026: AED 5,200,000 (AED 3,192 per sqft)

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

Rents
Unit 403, 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 185,500New contract, June 2014: AED 175,000 a yearNew contract, August 2018: AED 160,000 a yearRenewal, August 2019: AED 160,000 a yearNew contract, October 2020: AED 125,000 a year

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 403 sits

All 69 2-beds →

403 last sold in February 2026 at AED 3,192 per sqft, 21% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,634). 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. 403's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20263,850,000
30 Jan 20263,800,000
3 Jun 20253,765,037
17 Apr 20253,650,000
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 4th floor

All 185 units in The Residences 1 (W3)
Value
4012-bedAED 2.45M · Aug 2022
4023-bedAED 1.87M · Apr 2009
4041-bedAED 2.28M · Apr 2024
4051-bedAED 1.7M · Jul 2023

403, The Residences 1 (W3) in numbers

  • Sold twice: first on 10 November 2008 for AED 1,450,800, last on 9 February 2026 for AED 5,200,000 (AED 3,192 per sqft).
  • Rented since June 2014 on 4 Ejari contracts, from AED 175,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2026 price is 2.4%, before a service charge of about AED 35,100 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 9 February 2026.

Questions about 403, The Residences 1 (W3)

What did unit 403 last sell for?

AED 5,200,000 on 9 February 2026: AED 3,192 per sqft for 1,629 sqft. The unit has 2 registered sales; the first was AED 1,450,800 in November 2008.

What is the rent for unit 403?

AED 125,000 a year on the contract signed on 20 October 2020. The previous contract, from August 2019, was AED 160,000; the unit has been rented since June 2014.

How big is unit 403?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 4th floor of a 38-storey tower completed in 2007.

What is unit 403 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 403, The Residences 1 (W3)

Starts from the last sale price (AED 5.2M, 9 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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