1503, The Residences 3 (W1)
Sold prices and rental history: sold 5 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, The Residences 3 (W1)
What is 1503 worth today?
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Source: Dubai Land Department. Updated 30 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 15th of 25
- Parking
- B2-487
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.34M · October 2025
- Building
- The Residences 3 (W1)
About 1503, The Residences 3 (W1)
1503 is a one-bedroom apartment of 986 sqft on the 15th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 30 October 2025 for AED 2,340,000, or AED 2,373 per sqft, 3% above the AED 2,297 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 125,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 21,200 a year.
Sales and rents for 1503 over time
1503 has sold 5 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 1503 sits
All 63 1-beds →1503 last sold in October 2025 at AED 2,373 per sqft, 3% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 2,297). 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. 1503's AED 125,000 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 15th floor
All 111 units in The Residences 3 (W1)1503, The Residences 3 (W1) in numbers
- Sold 5 times: first on 16 May 2010 for AED 762,800, last on 30 October 2025 for AED 2,340,000 (AED 2,373 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 100,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2025 price is 5.3%, 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 30 October 2025.
Questions about 1503, The Residences 3 (W1)
What did unit 1503 last sell for?
AED 2,340,000 on 30 October 2025: AED 2,373 per sqft for 986 sqft. The unit has 5 registered sales; the first was AED 762,800 in May 2010.
What is the rent for unit 1503?
AED 125,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 125,000; the unit has been rented since August 2013.
How big is unit 1503?
986 sqft (91.6 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2007.
What is unit 1503 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 1503, The Residences 3 (W1)
Starts from the last sale price (AED 2.34M, 30 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,340,000
- Deposit, UAE resident (20%)
- AED 468,000
- Deposit, non-resident (40%)
- AED 936,000
- Monthly over 25 years at 3.7%
- AED 9,574
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →