1202, The Residences 3 (W1)
Sold prices and rental history: sold 3 times, last in January 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, The Residences 3 (W1)
What is 1202 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Floor
- 12th of 25
- Parking
- B2-478
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 31,900 /yr
- Last sold
- AED 5.85M · January 2025
- Building
- The Residences 3 (W1)
About 1202, The Residences 3 (W1)
1202 is a two-bedroom apartment of 1,478 sqft on the 12th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 8 January 2025 for AED 5,850,000, or AED 3,958 per sqft, 17% above the AED 3,382 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 155,000 a year: a gross yield of 2.6% on the 2025 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 3 (W1), and where 1202 sits
All 43 2-beds →1202 last sold in January 2025 at AED 3,958 per sqft, 17% above what two-beds in The Residences 3 (W1) were fetching at the time (AED 3,382). 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. 1202's AED 155,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,435 sqft | 4,500,000 | 3,135 | ||
| 4 Mar 20254 March 2025 | 1,435 sqft | 4,400,000 | 3,066 | ||
| 8 Oct 20248 October 2024 | 1,478 sqft | 4,950,000 | 3,349 | ||
| 6 May 20246 May 2024 | 1,478 sqft | 5,000,000 | 3,382 |
The Residences 3 (W1)
Building111 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%
Other units on the 12th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,435 sqft | AED 4.2MAED 4,200,000 · Nov 2022November 2022 | 165,000 /yr | |
| 1203 | 1-bed | 986 sqft | AED 2MAED 2,000,000 · Oct 2013October 2013 | 36,000 /yr | |
| 1204 | 1-bed | 948 sqft | AED 1.3MAED 1,300,000 · Feb 2019February 2019 | 100,000 /yr | |
| 1205 | 1-bed | 1,023 sqft | AED 2.5MAED 2,500,000 · Jul 2026July 2026 | 130,000 /yr |
1202, The Residences 3 (W1) in numbers
- Sold 3 times: first on 18 February 2009 for AED 707,400, last on 8 January 2025 for AED 5,850,000 (AED 3,958 per sqft).
- Rented since July 2019 on 3 Ejari contracts. The rent fell from AED 155,000 to AED 135,000 in 2020 and recovered to AED 155,000 by July 2022.
- At AED 155,000 a year the gross yield on the 2025 price is 2.6%, before a service charge of about AED 31,900 a year (AED 21.55 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 8 January 2025.
Questions about 1202, The Residences 3 (W1)
What did unit 1202 last sell for?
AED 5,850,000 on 8 January 2025: AED 3,958 per sqft for 1,478 sqft. The unit has 3 registered sales; the first was AED 707,400 in February 2009.
What is the rent for unit 1202?
AED 155,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2020, was AED 135,000; the unit has been rented since July 2019.
How big is unit 1202?
1,478 sqft (137.3 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2007.
What is unit 1202 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 1202, The Residences 3 (W1)
Starts from the last sale price (AED 5.85M, 8 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,850,000
- Deposit, UAE resident (20%)
- AED 1,170,000
- Deposit, non-resident (40%)
- AED 2,340,000
- Monthly over 25 years at 3.7%
- AED 23,934
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →