1-bed · 1,046 sqftThe Residences 1 (W3), Downtown Dubai · 6th floor · completed 2007

605, The Residences 1 (W3)

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 599K26 August 2010
Current rentAED 125K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, The Residences 1 (W3)

What is 605 worth today?

Last sold for AED 598,800 in 2010

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10 Oct 2026RentedRenewal
AED 125,000/yr12 months · AED 120 per sqft
10 Oct 2025RentedRenewal
AED 125,000/yr12 months · AED 120 per sqft
10 Oct 2024RentedRenewal
AED 110,000/yr12 months · AED 105 per sqft
10 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 105 per sqft
10 Oct 2022RentedRenewal
AED 74,250/yr12 months · AED 71 per sqft
10 Oct 2021RentedRenewal
AED 67,500/yr12 months · AED 65 per sqft
10 Oct 2020RentedRenewal
AED 67,500/yr12 months · AED 65 per sqft
10 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
6th of 38
Parking
L1-752
Developer
Emaar
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 599K · August 2010

About 605, The Residences 1 (W3)

605 is a one-bedroom apartment of 1,046 sqft on the 6th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 26 August 2010 for AED 598,800, or AED 572 per sqft, 31% below the AED 830 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 125,000 a year: a gross yield of 20.9% on the 2010 price, before the service charge of about AED 22,500 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, August 2010: AED 598,800 (AED 572 per sqft)

605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in The Residences 1 (W3)
100K2012201620202024Typical 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, August 2014: AED 115,000 a yearNew contract, May 2015: AED 120,000 a yearNew contract, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearRenewal, June 2018: AED 95,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 67,500 a yearRenewal, October 2021: AED 67,500 a yearRenewal, October 2022: AED 74,250 a yearRenewal, October 2023: AED 110,000 a yearRenewal, October 2024: AED 110,000 a yearRenewal, October 2025: AED 125,000 a yearRenewal, October 2026: 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 605 sits

All 75 1-beds →

605 last sold in August 2010 at AED 572 per sqft, 31% below what one-beds in The Residences 1 (W3) were fetching at the time (AED 830). 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. 605'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 6th floor

All 185 units in The Residences 1 (W3)
Value
6012-bedAED 4.5M · Jun 2014
6023-bedAED 3.9M · Feb 2010
6032-bedAED 3M · May 2012
6041-bedAED 1.5M · Sep 2021

605, The Residences 1 (W3) in numbers

  • Sold once: by Emaar on 26 August 2010 for AED 598,800, or AED 572 per sqft.
  • Rented since August 2014 on 13 Ejari contracts. The rent fell from AED 115,000 to AED 67,500 in 2021 and recovered to AED 125,000 by October 2026.
  • At AED 125,000 a year the gross yield on the 2010 price is 20.9%, before a service charge of about AED 22,500 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 10 October 2026.

Questions about 605, The Residences 1 (W3)

What did unit 605 last sell for?

AED 598,800 on 26 August 2010, sold by the developer: AED 572 per sqft for 1,046 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 125,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 125,000; the unit has been rented since August 2014.

How big is unit 605?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 6th floor of a 38-storey tower completed in 2007.

What is unit 605 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 605, The Residences 1 (W3)

Starts from the last sale price (AED 599K, 26 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 598,800
Deposit, UAE resident (20%)
AED 119,760
Deposit, non-resident (40%)
AED 239,520
Monthly over 25 years at 3.7%
AED 2,450

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