1203, The Residences 3 (W1)
Sold prices and rental history: sold twice, last in October 2013, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, The Residences 3 (W1)
What is 1203 worth today?
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Source: Dubai Land Department. Updated 26 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 12th of 25
- Parking
- B2-536
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2M · October 2013
- Building
- The Residences 3 (W1)
About 1203, The Residences 3 (W1)
1203 is a one-bedroom apartment of 986 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 31 October 2013 for AED 2,000,000, or AED 2,028 per sqft, 18% above the AED 1,716 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 26 September 2021. The current contract, signed on 26 September 2021, is AED 36,000 a year: a gross yield of 1.8% on the 2013 price, before the service charge of about AED 21,200 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the one-bed median of each year in the building.
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 3 (W1), and where 1203 sits
All 63 1-beds →1203 last sold in October 2013 at AED 2,028 per sqft, 18% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,716). Over the last 12 months one-beds sold for AED 2,350,000 to 3,000,000, around AED 2,443 per sqft, and rent for AED 38,667 to 160,000 a year. 1203's AED 36,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,023 sqft | 2,430,000 | 2,375 | ||
| 13 Aug 202613 August 2026 | 1,023 sqft | 2,600,000 | 2,541 | ||
| 24 Jul 202624 July 2026 | 1,023 sqft | 2,500,000 | 2,443 | ||
| 1 May 20261 May 2026 | 1,023 sqft | 2,650,000 | 2,590 |
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 | |
| 1202 | 2-bed | 1,478 sqft | AED 5.85MAED 5,850,000 · Jan 2025January 2025 | 155,000 /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 |
1203, The Residences 3 (W1) in numbers
- Sold twice: first on 4 August 2010 for AED 375,400, last on 31 October 2013 for AED 2,000,000 (AED 2,028 per sqft).
- Rented since September 2021 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2013 price is 1.8%, before a service charge of about AED 21,200 a year (AED 21.55 per sqft).
- One-beds in The Residences 3 (W1) sold for AED 2,350,000–3,000,000 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 26 September 2021.
Questions about 1203, The Residences 3 (W1)
What did unit 1203 last sell for?
AED 2,000,000 on 31 October 2013: AED 2,028 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 375,400 in August 2010.
What is the rent for unit 1203?
AED 36,000 a year on the contract signed on 26 September 2021.
How big is unit 1203?
986 sqft (91.6 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2007.
What is unit 1203 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 3 (W1) sold for AED 2,350,000 to 3,000,000 in the last 12 months, around AED 2,443 per sqft.
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Mortgage on 1203, The Residences 3 (W1)
Starts from the last sale price (AED 2M, 31 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →