1204, The Residences 3 (W1)
Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, The Residences 3 (W1)
What is 1204 worth today?
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Source: Dubai Land Department. Updated 28 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 12th of 25
- Parking
- B2-537
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.3M · February 2019
- Building
- The Residences 3 (W1)
About 1204, The Residences 3 (W1)
1204 is a one-bedroom apartment of 948 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 17 February 2019 for AED 1,300,000, or AED 1,371 per sqft, 14% below the AED 1,596 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 100,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1204 over time
1204 has sold 3 times; 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 1204 sits
All 63 1-beds →1204 last sold in February 2019 at AED 1,371 per sqft, 14% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,596). 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. 1204's AED 100,000 is in the upper half 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 | |
| 1203 | 1-bed | 986 sqft | AED 2MAED 2,000,000 · Oct 2013October 2013 | 36,000 /yr | |
| 1205 | 1-bed | 1,023 sqft | AED 2.5MAED 2,500,000 · Jul 2026July 2026 | 130,000 /yr |
1204, The Residences 3 (W1) in numbers
- Sold 3 times: first on 19 September 2011 for AED 576,800, last on 17 February 2019 for AED 1,300,000 (AED 1,371 per sqft).
- Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 67,000 in 2020 and recovered to AED 100,000 by August 2024.
- At AED 100,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 20,400 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 28 August 2024.
Questions about 1204, The Residences 3 (W1)
What did unit 1204 last sell for?
AED 1,300,000 on 17 February 2019: AED 1,371 per sqft for 948 sqft. The unit has 3 registered sales; the first was AED 576,800 in September 2011.
What is the rent for unit 1204?
AED 100,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2024, was AED 100,000; the unit has been rented since March 2016.
How big is unit 1204?
948 sqft (88.1 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2007.
What is unit 1204 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 1204, The Residences 3 (W1)
Starts from the last sale price (AED 1.3M, 17 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →