1-bed · 915 sqftThe Residences 1 (W3), Downtown Dubai · 8th floor · completed 2007

804, The Residences 1 (W3)

Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 2.2M13 November 2024
Current rentAED 83K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, The Residences 1 (W3)

What is 804 worth today?

Last sold for AED 2,200,000 in 2024

Unlock today's estimate, updated daily, with

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

13 Nov 2024SoldReady
AED 2,200,000AED 2,404 per sqft
7 Oct 2021RentedNew contract
AED 83,000/yr12 months · AED 91 per sqft
21 Nov 2017RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
17 Jan 2016SoldReady
AED 1,925,000AED 2,103 per sqft
11 Sep 2014RentedNew contract
AED 117,000/yr12 months · AED 128 per sqft
31 Jan 2010SoldReady
AED 1,000,000AED 1,092 per sqft
11 Mar 2009Sold by developerReady
AED 713,800AED 780 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
8th of 38
Parking
L1-759
Developer
Emaar
Completed
2007
Service charge
AED 19,700 /yr
Last sold
AED 2.2M · November 2024

About 804, The Residences 1 (W3)

804 is a one-bedroom apartment of 915 sqft on the 8th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 November 2024 for AED 2,200,000, or AED 2,404 per sqft, 29% above the AED 1,857 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 7 October 2021, is AED 83,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, March 2009: AED 713,800 (AED 780 per sqft)Sold, January 2010: AED 1,000,000 (AED 1,092 per sqft)Sold, January 2016: AED 1,925,000 (AED 2,103 per sqft)Sold, November 2024: AED 2,200,000 (AED 2,404 per sqft)

804 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 804, each contractTypical one-bed in The Residences 1 (W3)
75K100K125K2012201620202024Typical 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, September 2014: AED 117,000 a yearNew contract, November 2017: AED 105,000 a yearNew contract, October 2021: AED 83,000 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 804 sits

All 75 1-beds →

804 last sold in November 2024 at AED 2,404 per sqft, 29% 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. 804's AED 83,000 is at the bottom 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 8th floor

All 185 units in The Residences 1 (W3)
Value
8012-bedAED 3M · Jan 2023
8023-bedAED 1.92M · Aug 2010
8032-bedAED 3.77M · Jun 2025
8051-bedAED 1.5M · Jan 2023

804, The Residences 1 (W3) in numbers

  • Sold 4 times: first on 11 March 2009 for AED 713,800, last on 13 November 2024 for AED 2,200,000 (AED 2,404 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 117,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2024 price is 3.8%, 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 13 November 2024.

Questions about 804, The Residences 1 (W3)

What did unit 804 last sell for?

AED 2,200,000 on 13 November 2024: AED 2,404 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 713,800 in March 2009.

What is the rent for unit 804?

AED 83,000 a year on the contract signed on 7 October 2021. The previous contract, from November 2017, was AED 105,000; the unit has been rented since September 2014.

How big is unit 804?

915 sqft (85.0 sqm): a one-bedroom apartment on the 8th floor of a 38-storey tower completed in 2007.

What is unit 804 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 804? 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 804, The Residences 1 (W3)

Starts from the last sale price (AED 2.2M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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