504, The Residences 1 (W3)
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, The Residences 1 (W3)
What is 504 worth today?
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Source: Dubai Land Department. Updated 28 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 5th of 38
- Parking
- L1-747
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,700 /yr
- Last sold
- AED 2.45M · July 2025
- Building
- The Residences 1 (W3)
About 504, The Residences 1 (W3)
504 is a one-bedroom apartment of 915 sqft on the 5th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 28 July 2025 for AED 2,450,000, or AED 2,677 per sqft, 7% above the AED 2,492 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 60,500 a year: a gross yield of 2.5% on the 2025 price, before the service charge of about AED 19,700 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the one-bed median of each year in the building.
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 504 sits
All 75 1-beds →504 last sold in July 2025 at AED 2,677 per sqft, 7% above what one-beds in The Residences 1 (W3) were fetching at the time (AED 2,492). 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. 504's AED 60,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,046 sqft | 2,850,000 | 2,724 | ||
| 12 Jan 202612 January 2026 | 915 sqft | 2,300,000 | 2,513 | ||
| 7 Nov 20257 November 2025 | 1,046 sqft | 2,300,000 | 2,198 | ||
| 4 Sep 20254 September 2025 | 915 sqft | 2,600,000 | 2,841 |
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)504, The Residences 1 (W3) in numbers
- Sold twice: first on 26 August 2010 for AED 698,800, last on 28 July 2025 for AED 2,450,000 (AED 2,677 per sqft).
- Rented since June 2013 on 14 Ejari contracts, from AED 100,000 to AED 60,500 a year.
- At AED 60,500 a year the gross yield on the 2025 price is 2.5%, 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 28 July 2025.
Questions about 504, The Residences 1 (W3)
What did unit 504 last sell for?
AED 2,450,000 on 28 July 2025: AED 2,677 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 698,800 in August 2010.
What is the rent for unit 504?
AED 60,500 a year on the contract renewed on 15 July 2025. The previous contract, from July 2025, was AED 60,500; the unit has been rented since June 2013.
How big is unit 504?
915 sqft (85.0 sqm): a one-bedroom apartment on the 5th floor of a 38-storey tower completed in 2007.
What is unit 504 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.
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Mortgage on 504, The Residences 1 (W3)
Starts from the last sale price (AED 2.45M, 28 July 2025). 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 →