503, The Residences 1 (W3)
Sold prices and rental history: sold once, by the developer in January 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Residences 1 (W3)
What is 503 worth today?
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Source: Dubai Land Department. Updated 15 January 2009.
Key facts
- Type
- 2-bed apartment
- Size
- 1,629 sqft
- Floor
- 5th of 38
- Parking
- L1-746
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 35,100 /yr
- Last sold
- AED 1.46M · January 2009
- Building
- The Residences 1 (W3)
About 503, The Residences 1 (W3)
503 is a two-bedroom apartment of 1,629 sqft on the 5th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 15 January 2009 for AED 1,462,800, or AED 897 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 has sold once; 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 503 sits
All 69 2-beds →503 last sold in January 2009 at AED 897 per sqft, in line with what two-beds in The Residences 1 (W3) were fetching at the time (AED 874). 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 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 5th floor
All 185 units in The Residences 1 (W3)503, The Residences 1 (W3) in numbers
- Sold once: by Emaar on 15 January 2009 for AED 1,462,800, or AED 897 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 January 2009.
Questions about 503, The Residences 1 (W3)
What did unit 503 last sell for?
AED 1,462,800 on 15 January 2009, sold by the developer: AED 897 per sqft for 1,629 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,629 sqft (151.3 sqm): a two-bedroom apartment on the 5th floor of a 38-storey tower completed in 2007.
What is unit 503 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 503, The Residences 1 (W3)
Starts from the last sale price (AED 1.46M, 15 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,462,800
- Deposit, UAE resident (20%)
- AED 292,560
- Deposit, non-resident (40%)
- AED 585,120
- Monthly over 25 years at 3.7%
- AED 5,985
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →