1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 4th floor · completed 2007

404, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 2.28M2 April 2024
Current rentAED 125K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, The Residences 1 (W3)

What is 404 worth today?

Last sold for AED 2,275,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2025RentedRenewal
AED 125,000/yr12 months · AED 137 per sqft
1 Oct 2024RentedNew contract
AED 150,000/yr12 months · AED 164 per sqft
2 Apr 2024SoldReady
AED 2,275,000AED 2,486 per sqft
1 Oct 2022RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
1 May 2020RentedRenewal
AED 103,636/yr11 months · AED 113 per sqft
1 May 2019RentedRenewal
AED 110,000/yr12 months · AED 120 per sqft
1 May 2018RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
1 May 2016RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
4th of 38
Parking
L1-743
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 2.28M · April 2024

About 404, The Residences 1 (W3)

404 is a one-bedroom apartment of 915 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 2 April 2024 for AED 2,275,000, or AED 2,486 per sqft, 34% above the AED 1,857 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 125,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, June 2011: AED 693,800 (AED 758 per sqft)Sold, April 2016: AED 1,925,000 (AED 2,103 per sqft)Sold, April 2024: AED 2,275,000 (AED 2,486 per sqft)

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

Rents
Unit 404, 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, November 2014: AED 167,102 a yearNew contract, May 2016: AED 120,000 a yearNew contract, May 2018: AED 110,000 a yearRenewal, May 2019: AED 110,000 a yearRenewal, May 2020: AED 103,636 a yearNew contract, October 2022: AED 110,000 a yearNew contract, October 2024: AED 150,000 a yearRenewal, October 2025: AED 125,000 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 404 sits

All 75 1-beds →

404 last sold in April 2024 at AED 2,486 per sqft, 34% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,857). 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. 404's AED 125,000 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 4th floor

All 185 units in The Residences 1 (W3)
Value
4012-bedAED 2.45M · Aug 2022
4023-bedAED 1.87M · Apr 2009
4032-bedAED 5.2M · Feb 2026
4051-bedAED 1.7M · Jul 2023

404, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 20 June 2011 for AED 693,800, last on 2 April 2024 for AED 2,275,000 (AED 2,486 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 167,102 to AED 103,636 in 2020 and recovered to AED 125,000 by October 2025.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.5%, 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 1 October 2025.

Questions about 404, The Residences 1 (W3)

What did unit 404 last sell for?

AED 2,275,000 on 2 April 2024: AED 2,486 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 693,800 in June 2011.

What is the rent for unit 404?

AED 125,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 150,000; the unit has been rented since November 2014.

How big is unit 404?

915 sqft (85.0 sqm): a one-bedroom apartment on the 4th floor of a 38-storey tower completed in 2007.

What is unit 404 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.

Selling 404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 404, The Residences 1 (W3)

Starts from the last sale price (AED 2.28M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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