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1-bed · 1,046 sqftThe Residences 1 (W3), Downtown Dubai · 8th floor · completed 2007

805, The Residences 1 (W3)

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 1.5M2 January 2023
Current rentAED 85K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 805, The Residences 1 (W3)

What is 805 worth today?

Last sold for AED 1,500,000 in 2023

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28 Apr 2023RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
2 Jan 2023SoldReady
AED 1,500,000AED 1,433 per sqft
28 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
26 Sep 2021RentedRenewal
AED 70,000/yr3 months · AED 67 per sqft
26 Sep 2020RentedRenewal
AED 70,000/yr12 months · AED 67 per sqft
26 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
1 May 2018RentedRenewal
AED 90,000/yr12 months · AED 86 per sqft
1 May 2017RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
8th of 38
Parking
L1-775
Developer
Emaar
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 1.5M · January 2023
Building
The Residences 1 (W3)

About 805, The Residences 1 (W3)

805 is a one-bedroom apartment of 1,046 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 2 January 2023 for AED 1,500,000, or AED 1,433 per sqft, in line with the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 28 April 2023, is AED 85,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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, September 2011: AED 604,800 (AED 578 per sqft)Sold, February 2013: AED 1,725,000 (AED 1,649 per sqft)Sold, January 2023: AED 1,500,000 (AED 1,433 per sqft)

805 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, 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, April 2013: AED 105,000 a yearRenewal, April 2014: AED 105,000 a yearRenewal, April 2015: AED 105,000 a yearRenewal, April 2016: AED 100,000 a yearNew contract, May 2017: AED 100,000 a yearRenewal, May 2018: AED 90,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 70,000 a yearRenewal, September 2021: AED 70,000 a yearNew contract, April 2022: AED 85,000 a yearNew contract, April 2023: AED 85,000 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 805 sits

All 75 1-beds →

805 last sold in January 2023 at AED 1,433 per sqft, in line with what one-beds in The Residences 1 (W3) were fetching at the time (AED 1,433). 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. 805's AED 85,000 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
8041-bedAED 2.2M · Nov 2024

805, The Residences 1 (W3) in numbers

  • Sold 3 times: first on 7 September 2011 for AED 604,800, last on 2 January 2023 for AED 1,500,000 (AED 1,433 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 85,000 by April 2023.
  • At AED 85,000 a year the gross yield on the 2023 price is 5.7%, 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 28 April 2023.

Questions about 805, The Residences 1 (W3)

What did unit 805 last sell for?

AED 1,500,000 on 2 January 2023: AED 1,433 per sqft for 1,046 sqft. The unit has 3 registered sales; the first was AED 604,800 in September 2011.

What is the rent for unit 805?

AED 85,000 a year on the contract signed on 28 April 2023. The previous contract, from April 2022, was AED 85,000; the unit has been rented since April 2013.

How big is unit 805?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 8th floor of a 38-storey tower completed in 2007.

What is unit 805 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 805, The Residences 1 (W3)

Starts from the last sale price (AED 1.5M, 2 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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