903, The Residences 1 (W3)
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 903, The Residences 1 (W3)
What is 903 worth today?
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Source: Dubai Land Department. Updated 13 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,629 sqft
- Floor
- 9th of 38
- Parking
- L1-777
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 35,100 /yr
- Last sold
- AED 6M · August 2024
- Building
- The Residences 1 (W3)
About 903, The Residences 1 (W3)
903 is a two-bedroom apartment of 1,629 sqft on the 9th floor of The Residences 1 (W3), a 38-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 August 2024 for AED 6,000,000, or AED 3,683 per sqft, 39% above the AED 2,657 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 18 August 2022, is AED 145,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 35,100 a year.
Sales and rents for 903 over time
903 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences 1 (W3), and where 903 sits
All 69 2-beds →903 last sold in August 2024 at AED 3,683 per sqft, 39% above what two-beds in The Residences 1 (W3) were fetching at the time (AED 2,657). Over the last 12 months two-beds sold for AED 3,800,000 to 5,200,000, around AED 2,651 per sqft, and rent for AED 156,839 to 280,000 a year. 903's AED 145,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,629 sqft | 5,200,000 | 3,192 | ||
| 4 Feb 20264 February 2026 | 1,452 sqft | 3,850,000 | 2,651 | ||
| 30 Jan 202630 January 2026 | 1,452 sqft | 3,800,000 | 2,616 | ||
| 3 Jun 20253 June 2025 | 1,629 sqft | 3,765,037 | 2,311 |
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 9th floor
All 185 units in The Residences 1 (W3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,452 sqft | AED 3.8MAED 3,800,000 · Jan 2026January 2026 | 195,000 /yr | |
| 902 | 3-bed | 2,082 sqft | AED 3.5MAED 3,500,000 · Jan 2020January 2020 | 280,000 /yr | |
| 904 | 1-bed | 915 sqft | AED 719KAED 718,888 · Jul 2010July 2010 | 125,000 /yr | |
| 905 | 1-bed | 1,046 sqft | AED 1.8MAED 1,800,000 · Mar 2024March 2024 | 67,000 /yr |
903, The Residences 1 (W3) in numbers
- Sold 3 times: first on 26 August 2010 for AED 1,510,800, last on 13 August 2024 for AED 6,000,000 (AED 3,683 per sqft).
- Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 157,500 to AED 125,000 in 2020 and recovered to AED 145,000 by August 2022.
- At AED 145,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 35,100 a year (AED 21.55 per sqft).
- Two-beds in The Residences 1 (W3) sold for AED 3,800,000–5,200,000 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 August 2024.
Questions about 903, The Residences 1 (W3)
What did unit 903 last sell for?
AED 6,000,000 on 13 August 2024: AED 3,683 per sqft for 1,629 sqft. The unit has 3 registered sales; the first was AED 1,510,800 in August 2010.
What is the rent for unit 903?
AED 145,000 a year on the contract renewed on 18 August 2022. The previous contract, from August 2021, was AED 145,000; the unit has been rented since July 2014.
How big is unit 903?
1,629 sqft (151.3 sqm): a two-bedroom apartment on the 9th floor of a 38-storey tower completed in 2007.
What is unit 903 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 1 (W3) sold for AED 3,800,000 to 5,200,000 in the last 12 months, around AED 2,651 per sqft.
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Mortgage on 903, The Residences 1 (W3)
Starts from the last sale price (AED 6M, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →