2-bed · 1,478 sqftThe Residences 3 (W1), Downtown Dubai · 10th floor · completed 2007

1002, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in December 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 25 December 2008
Last soldAED 1.39M25 December 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, The Residences 3 (W1)

What is 1002 worth today?

Last sold for AED 1,390,800 in 2008

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25 Dec 2008Sold by developerReady
AED 1,390,800AED 941 per sqft

Source: Dubai Land Department. Updated 25 December 2008.

Key facts

Type
2-bed apartment
Size
1,478 sqft
Floor
10th of 25
Parking
P-248
Developer
Emaar
Completed
2007
Service charge
AED 31,900 /yr
Last sold
AED 1.39M · December 2008

About 1002, The Residences 3 (W1)

1002 is a two-bedroom apartment of 1,478 sqft on the 10th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 25 December 2008 for AED 1,390,800, or AED 941 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in The Residences 3 (W1)
2.5M5M20082012201620202024Typical sale price by year: 2008 AED 1,336,300; 2009 AED 1,534,800; 2010 AED 1,422,800; 2011 AED 2,300,000; 2012 AED 3,330,000; 2013 AED 4,450,000; 2014 AED 5,950,000; 2015 AED 5,350,000; 2021 AED 3,158,790; 2023 AED 4,300,000Sold by developer, December 2008: AED 1,390,800 (AED 941 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in The Residences 3 (W1)
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 182,500; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 148,000; 2022 AED 165,000; 2023 AED 176,000; 2024 AED 209,723; 2025 AED 220,000; 2026 AED 202,500

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 3 (W1), and where 1002 sits

All 43 2-beds →

1002 last sold in December 2008 at AED 941 per sqft, in line with what two-beds in The Residences 3 (W1) were fetching at the time (AED 924). Over the last 12 months two-beds sold for AED 4,500,000, around AED 3,135 per sqft, and rent for AED 160,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20264,500,000
4 Mar 20254,400,000
8 Jan 20255,850,000
8 Oct 20244,950,000
1 2-bed sale in the last 12 months

The Residences 3 (W1)

Building

111 apartments, studios to 5-bed over 25 floors in Downtown Dubai, completed in 2007 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,492
Typical sale
AED 2.55M
Typical rent
AED 134K /yr
Typical yield
5.2%
The Residences 3 (W1), Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 111 units in The Residences 3 (W1)
Value
10012-bedAED 4.4M · Mar 2025
10031-bedAED 1.55M · Aug 2022
10041-bedAED 800K · Mar 2010
10051-bedAED 2.05M · Jun 2018

1002, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 25 December 2008 for AED 1,390,800, or AED 941 per sqft.
  • Two-beds in The Residences 3 (W1) sold for AED 4,500,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,492 per sqft.

Source: Dubai Land Department. Updated 25 December 2008.

Questions about 1002, The Residences 3 (W1)

What did unit 1002 last sell for?

AED 1,390,800 on 25 December 2008, sold by the developer: AED 941 per sqft for 1,478 sqft. It is the only registered sale of the unit.

How big is unit 1002?

1,478 sqft (137.3 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower completed in 2007.

What is unit 1002 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 3 (W1) sold for AED 4,500,000 to 4,500,000 in the last 12 months, around AED 3,135 per sqft.

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Mortgage on 1002, The Residences 3 (W1)

Starts from the last sale price (AED 1.39M, 25 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,800
Deposit, UAE resident (20%)
AED 278,160
Deposit, non-resident (40%)
AED 556,320
Monthly over 25 years at 3.7%
AED 5,690

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