1-bed · 1,023 sqftThe Residences 3 (W1), Downtown Dubai · 14th floor · completed 2007

1405, The Residences 3 (W1)

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 24 October 2026
Last soldAED 2.35M26 January 2025
Current rentAED 110K /yr24 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, The Residences 3 (W1)

What is 1405 worth today?

Last sold for AED 2,350,000 in 2025

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24 Oct 2026RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
30 Jul 2026RentedRenewal
AED 120,000/yr12 months · AED 117 per sqft
30 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 117 per sqft
26 Jan 2025SoldReady
AED 2,350,000AED 2,297 per sqft
30 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 108 per sqft
30 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 108 per sqft
30 Jul 2022RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
15 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 24 October 2026.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
14th of 25
Parking
B2-484
Developer
Emaar
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 2.35M · January 2025

About 1405, The Residences 3 (W1)

1405 is a one-bedroom apartment of 1,023 sqft on the 14th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 26 January 2025 for AED 2,350,000, or AED 2,297 per sqft, 96% above the AED 1,173 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 24 October 2026, is AED 110,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, August 2010: AED 848,000 (AED 828 per sqft)Sold, August 2010: AED 1,300,000 (AED 1,270 per sqft)Sold, January 2025: AED 2,350,000 (AED 2,297 per sqft)

1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, 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 120,000New contract, January 2016: AED 100,000 a yearNew contract, September 2017: AED 130,000 a yearNew contract, December 2018: AED 107,500 a yearNew contract, December 2019: AED 107,496 a yearNew contract, December 2020: AED 82,000 a yearNew contract, July 2021: AED 85,000 a yearNew contract, July 2022: AED 110,000 a yearRenewal, July 2023: AED 110,000 a yearRenewal, July 2024: AED 110,000 a yearNew contract, July 2025: AED 120,000 a yearRenewal, July 2026: AED 120,000 a yearNew contract, October 2026: AED 110,000 a year

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 1405 sits

All 63 1-beds →

1405 last sold in January 2025 at AED 2,297 per sqft, 96% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,173). 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. 1405's AED 110,000 is in the upper half of that range.

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
14031-bedAED 1.32M · Nov 2009
14041-bedAED 2.3M · Apr 2014

1405, The Residences 3 (W1) in numbers

  • Sold 3 times: first on 26 August 2010 for AED 1,300,000, last on 26 January 2025 for AED 2,350,000 (AED 2,297 per sqft).
  • Rented since January 2016 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 82,000 in 2020 and recovered to AED 110,000 by October 2026.
  • At AED 110,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 22,000 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 24 October 2026.

Questions about 1405, The Residences 3 (W1)

What did unit 1405 last sell for?

AED 2,350,000 on 26 January 2025: AED 2,297 per sqft for 1,023 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in August 2010.

What is the rent for unit 1405?

AED 110,000 a year on the contract signed on 24 October 2026. The previous contract, from July 2026, was AED 120,000; the unit has been rented since January 2016.

How big is unit 1405?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower completed in 2007.

What is unit 1405 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 1405, The Residences 3 (W1)

Starts from the last sale price (AED 2.35M, 26 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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