1504, The Residences 3 (W1)
Sold prices and rental history: sold twice, last in October 2011, 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 1504, The Residences 3 (W1)
What is 1504 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 15th of 25
- Parking
- L1-733
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1M · October 2011
- Building
- The Residences 3 (W1)
About 1504, The Residences 3 (W1)
1504 is a one-bedroom apartment of 948 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 3 October 2011 for AED 1,000,000, or AED 1,054 per sqft, 34% above the AED 785 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 15 August 2026, is AED 120,000 a year: a gross yield of 12.0% on the 2011 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1504 over time
1504 has sold twice; 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 1504 sits
All 63 1-beds →1504 last sold in October 2011 at AED 1,054 per sqft, 34% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 785). 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. 1504's AED 120,000 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)1504, The Residences 3 (W1) in numbers
- Sold twice: first on 3 June 2009 for AED 585,800, last on 3 October 2011 for AED 1,000,000 (AED 1,054 per sqft).
- Rented since May 2013 on 15 Ejari contracts. The rent fell from AED 105,000 to AED 76,000 in 2021 and recovered to AED 120,000 by August 2026.
- At AED 120,000 a year the gross yield on the 2011 price is 12.0%, 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 15 August 2026.
Questions about 1504, The Residences 3 (W1)
What did unit 1504 last sell for?
AED 1,000,000 on 3 October 2011: AED 1,054 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 585,800 in June 2009.
What is the rent for unit 1504?
AED 120,000 a year on the contract signed on 15 August 2026. The previous contract, from June 2025, was AED 130,000; the unit has been rented since May 2013.
How big is unit 1504?
948 sqft (88.1 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2007.
What is unit 1504 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 1504, The Residences 3 (W1)
Starts from the last sale price (AED 1M, 3 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →