602, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in February 2010, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, The Residences 1 (W3)
What is 602 worth today?
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Source: Dubai Land Department. Updated 30 September 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 6th of 38
- Parking
- G-626,G-627
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 44,900 /yr
- Last sold
- AED 3.9M · February 2010
- Building
- The Residences 1 (W3)
About 602, The Residences 1 (W3)
602 is a three-bedroom apartment of 2,082 sqft on the 6th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 7 February 2010 for AED 3,900,000, or AED 1,873 per sqft, 51% above the AED 1,238 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 30 September 2021, is AED 230,000 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 44,900 a year.
Sales and rents for 602 over time
602 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 1 (W3), and where 602 sits
All 40 3-beds →602 last sold in February 2010 at AED 1,873 per sqft, 51% above what three-beds in The Residences 1 (W3) were fetching at the time (AED 1,238). Over the last 12 months three-beds sold for AED 7,050,000 to 20,000,000, around AED 3,410 per sqft, and rent for AED 223,200 to 390,000 a year. 602's AED 230,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 2,082 sqft | 7,050,000 | 3,386 | ||
| 28 Jan 202628 January 2026 | 2,082 sqft | 7,100,000 | 3,410 | ||
| 14 Jan 202614 January 2026 | 3,289 sqft | 20,000,000 | 6,080 | ||
| 15 Sep 202515 September 2025 | 2,082 sqft | 7,300,000 | 3,506 |
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 6th floor
All 185 units in The Residences 1 (W3)602, The Residences 1 (W3) in numbers
- Sold 3 times: first on 14 April 2009 for AED 2,900,000, last on 7 February 2010 for AED 3,900,000 (AED 1,873 per sqft).
- Rented since September 2020 on 2 Ejari contracts, from AED 160,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 44,900 a year (AED 21.55 per sqft).
- Three-beds in The Residences 1 (W3) sold for AED 7,050,000–20,000,000 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 30 September 2021.
Questions about 602, The Residences 1 (W3)
What did unit 602 last sell for?
AED 3,900,000 on 7 February 2010: AED 1,873 per sqft for 2,082 sqft. The unit has 3 registered sales; the first was AED 2,900,000 in April 2009.
What is the rent for unit 602?
AED 230,000 a year on the contract signed on 30 September 2021. The previous contract, from September 2020, was AED 160,000.
How big is unit 602?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 6th floor of a 38-storey tower completed in 2007.
What is unit 602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences 1 (W3) sold for AED 7,050,000 to 20,000,000 in the last 12 months, around AED 3,410 per sqft.
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Mortgage on 602, The Residences 1 (W3)
Starts from the last sale price (AED 3.9M, 7 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →