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1-bed · 986 sqftThe Residences 3 (W1), Downtown Dubai · 14th floor · completed 2007

1403, The Residences 3 (W1)

Sold prices and rental history: sold twice, last in November 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 23 November 2009
Last soldAED 759K23 November 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1403, The Residences 3 (W1)

What is 1403 worth today?

Last sold for AED 758,800 in 2009

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23 Nov 2009Sold by developerReady
AED 758,800AED 769 per sqft
23 Nov 2009SoldReady
AED 1,315,000AED 1,333 per sqft

Source: Dubai Land Department. Updated 23 November 2009.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
14th of 25
Parking
B2-482
Developer
Emaar
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 759K · November 2009
Building
The Residences 3 (W1)

About 1403, The Residences 3 (W1)

1403 is a one-bedroom apartment of 986 sqft on the 14th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 23 November 2009 for AED 758,800, or AED 769 per sqft, in line with the AED 757 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in The Residences 3 (W1)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,051,888; 2009 AED 756,800; 2010 AED 776,800; 2011 AED 824,800; 2012 AED 721,783; 2013 AED 1,850,000; 2014 AED 2,300,000; 2015 AED 2,125,000; 2016 AED 2,100,000; 2018 AED 1,640,000; 2022 AED 1,737,500; 2025 AED 2,345,000; 2026 AED 2,550,000Sold by developer, November 2009: AED 758,800 (AED 769 per sqft)Sold, November 2009: AED 1,315,000 (AED 1,333 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in The Residences 3 (W1)
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 122,500; 2015 AED 122,500; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 91,000; 2020 AED 80,000; 2021 AED 78,750; 2022 AED 95,000; 2023 AED 109,744; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000

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 1403 sits

All 63 1-beds →

1403 last sold in November 2009 at AED 769 per sqft, in line with what one-beds in The Residences 3 (W1) were fetching at the time (AED 757). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20262,430,000
13 Aug 20262,600,000
24 Jul 20262,500,000
1 May 20262,650,000
7 1-bed sales 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 14th floor

All 111 units in The Residences 3 (W1)
Value
14012-bedAED 3.1M · Feb 2023
14022-bedAED 2.3M · Sep 2010
14041-bedAED 2.3M · Apr 2014
14051-bedAED 2.35M · Jan 2025

1403, The Residences 3 (W1) in numbers

  • Sold twice: first on 23 November 2009 for AED 1,315,000, last on 23 November 2009 for AED 758,800 (AED 769 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 23 November 2009.

Questions about 1403, The Residences 3 (W1)

What did unit 1403 last sell for?

AED 758,800 on 23 November 2009, sold by the developer: AED 769 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 1,315,000 in November 2009.

How big is unit 1403?

986 sqft (91.6 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower completed in 2007.

What is unit 1403 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 1403, The Residences 3 (W1)

Starts from the last sale price (AED 759K, 23 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 758,800
Deposit, UAE resident (20%)
AED 151,760
Deposit, non-resident (40%)
AED 303,520
Monthly over 25 years at 3.7%
AED 3,104

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