BuildingDowntown Dubai · Emaar · 2007

The Residences 3 (W1)

Studios to five-beds in Downtown Dubai. 8 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 November 2026
Typical price per sqftAED 2,4928 sales
Typical saleAED 2.55M8 sales
Typical rentAED 134K /yrAED 129 per sqft
Typical yield5.2%AED 21.55/sqft charge

About The Residences 3 (W1)

The Residences 3 (W1) is an apartment building in Downtown Dubai, developed by Emaar and completed in 2007. It has 25 storeys and 111 apartments, ranging from studios to five-bedroom homes. Sizes run from 512 to 5,918 sqft. The building sits alongside The Residences 5 (E2), The Residences 4 (E1) and The Residences 6 (E3). Day-to-day needs are close by. Spinneys supermarket and Burj Park are both about 200 m away, and Amana Healthcare is about 300 m away. Al Rifai Roastery is also within walking distance, at about 300 m. For families, Toddler Town British Nursery is about 100 m from the building, and Kit Swim, which offers swimming lessons, is about 400 m away. Burj Khalifa/ Dubai Mall Metro Station is about 1.1 km away.

111 apartments over 25 floors: 3 studios of 889 to 958 sqft, 63 one-beds of 512 to 1,023 sqft, 43 two-beds of 1,435 to 1,478 sqft and 2 five-beds of 4,523 to 5,918 sqft. The service charge is AED 21.55 per sqft a year.

8 apartments sold in the 12 months to November 2026, at a median of AED 2,492 per sqft. Most of the trading is in one-beds: 7 of the 8 sales, at AED 2,350,000 to 3,000,000. 48 rental contracts were registered over the same 12 months, at a typical AED 134,000 a year.

Developer
Emaar
Completed
2007
Floors
25
Units
111
Unit types
Studio to 5-bed

Downtown Dubai, Dubai

Average prices in The Residences 3 (W1)

In The Residences 3 (W1), typical sale prices over the last 12 months were around AED 2,500,000 for one-beds and AED 4,500,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in The Residences 3 (W1)

2,5002,7503,000May 2026Nov 20262025-11-11: AED 2,443, 1-bed, 1,023 sqft2026-01-06: AED 2,383, 1-bed, 986 sqft2026-01-29: AED 3,042, 1-bed, 986 sqft2026-05-01: AED 2,590, 1-bed, 1,023 sqft2026-07-24: AED 2,443, 1-bed, 1,023 sqft2026-08-13: AED 2,541, 1-bed, 1,023 sqft2026-09-10: AED 3,135, 2-bed, 1,435 sqft2026-10-12: AED 2,375, 1-bed, 1,023 sqftTrend: AED 2,580 to AED 2,651

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in The Residences 3 (W1)

  • Completed1-bed · 1,023 sqft 12 Oct 2026AED 2,430,0002,375 /sqft
  • Completed2-bed · 1,435 sqft 10 Sep 2026AED 4,500,0003,136 /sqft
  • Completed1-bed · 1,023 sqft 13 Aug 2026AED 2,600,0002,542 /sqft
  • Completed1-bed · 1,023 sqft 24 Jul 2026AED 2,500,0002,444 /sqft
  • Completed1-bed · 1,023 sqft 01 May 2026AED 2,650,0002,590 /sqft
  • Completed1-bed · 985 sqft 29 Jan 2026AED 3,000,0003,043 /sqft
  • Completed1-bed · 985 sqft 06 Jan 2026AED 2,350,0002,383 /sqft
  • Completed1-bed · 1,023 sqft 11 Nov 2025AED 2,500,0002,444 /sqft
  • Completed1-bed · 985 sqft 30 Oct 2025AED 2,340,0002,373 /sqft
  • Completed5-bed · 5,917 sqft 14 Jul 2025AED 17,100,0002,889 /sqft

Over the last 12 months, The Residences 3 (W1) has recorded 8 apartment sales. Typical homes sold for around AED 2.55M (about AED 2,492 per sqft) with a median size of 1,023 sqft; most were one-beds, from roughly AED 2.35M to AED 4.5M.

1–10 of 239

Units in The Residences 3 (W1)

111 units
  • Unit 2022-bed · 1,478 sqftSold AED 1.81M, Oct 2008
  • Unit 2031-bed · 986 sqftSold AED 2.08M, Dec 2014
  • Unit 3012-bed · 1,435 sqftSold AED 1.25M, Aug 2008
  • Unit 3022-bed · 1,478 sqftSold AED 1.58M, Jun 2009
  • Unit 3031-bed · 986 sqftSold AED 1.7M, Aug 2022
  • Unit 3041-bed · 948 sqftSold AED 1.45M, Mar 2018
  • Unit 3051-bed · 1,023 sqftSold AED 777K, Sep 2010
  • Unit 4012-bed · 1,435 sqftSold AED 5.75M, Feb 2015
  • Unit 4022-bed · 1,478 sqftSold AED 5.5M, May 2016
  • Unit 4031-bed · 986 sqftSold AED 1.25M, Sep 2010
1–10 of 111
Every unit in The Residences 3 (W1), by number

By type: studios (3), one-beds (63), two-beds (43), five-beds (2).

Nearby in Downtown Dubai

All 104 →
BuildingSale /sqftYield
The Residences 5 (E2)AED 2,1525.8%
The Residences 4 (E1)AED 3,2103.8%
The Residences 6 (E3)AED 2,6164.9%
The Residences 7 (T3)AED 3,1054.0%
Boulevard Central PodiumAED 2,4085.8%
1–5 of 103 · nearest first

The Residences 3 (W1) in numbers

  • Across 8 DLD sales in the 12 months to November 2026, the median price in The Residences 3 (W1) was AED 2,492 per sqft and the typical home sold for about AED 2.55M.
  • Completed in 2007 by Emaar; 25 floors of studios to five-beds; service charge AED 21.55 per sqft a year.
  • One-beds of 512 to 1,023 sqft sold for AED 2,350,000 to 3,000,000 between November 2025 and October 2026, a median AED 2,443 per sqft.
  • An one-bed of 512 to 1,023 sqft rents for AED 38,667 to 160,000 a year on the 33 contracts registered in the last 12 months.
  • Gross rental yield 5.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 November 2026.

Questions

How much does an one-bed in The Residences 3 (W1) cost?

7 one-beds sold in the 12 months to November 2026, for AED 2,350,000 to 3,000,000; the median was AED 2,500,000, or AED 2,443 per sqft.

How much is an one-bed for rent in The Residences 3 (W1)?

About AED 120,000 a year: that is the median of the 33 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 38,667 to 160,000.

What is the rental yield in The Residences 3 (W1)?

About 5.2% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in The Residences 3 (W1)?

AED 21.55 per sqft a year. For a typical 1,023 sqft home that is about AED 22,000 a year.

Who built The Residences 3 (W1) and when?

Emaar; completed in 2007; 25 floors; 111 apartments.

How many apartments are there in The Residences 3 (W1)?

111, studios to five-beds. Each has its own page with its full sales and rental history.

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