1601, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, The Residences 3 (W1)
What is 1601 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,435 sqft
- Floor
- 16th of 25
- Parking
- B2-490
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.4M · September 2010
- Building
- The Residences 3 (W1)
About 1601, The Residences 3 (W1)
1601 is a two-bedroom apartment of 1,435 sqft on the 16th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 September 2010 for AED 1,396,800, or AED 973 per sqft, in line with the AED 973 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 16 October 2026, is AED 195,000 a year: a gross yield of 14.0% on the 2010 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences 3 (W1), and where 1601 sits
All 43 2-beds →1601 last sold in September 2010 at AED 973 per sqft, in line with what two-beds in The Residences 3 (W1) were fetching at the time (AED 973). Over the last 12 months two-beds sold for AED 4,500,000, around AED 3,135 per sqft, and rent for AED 160,000 to 300,000 a year. 1601's AED 195,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,435 sqft | 4,500,000 | 3,135 | ||
| 4 Mar 20254 March 2025 | 1,435 sqft | 4,400,000 | 3,066 | ||
| 8 Jan 20258 January 2025 | 1,478 sqft | 5,850,000 | 3,958 | ||
| 8 Oct 20248 October 2024 | 1,478 sqft | 4,950,000 | 3,349 |
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 16th floor
All 111 units in The Residences 3 (W1)1601, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 16 September 2010 for AED 1,396,800, or AED 973 per sqft.
- Rented since April 2012 on 15 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 195,000 by October 2026.
- At AED 195,000 a year the gross yield on the 2010 price is 14.0%, before a service charge of about AED 30,900 a year (AED 21.55 per sqft).
- Two-beds in The Residences 3 (W1) sold for AED 4,500,000–4,500,000 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 16 October 2026.
Questions about 1601, The Residences 3 (W1)
What did unit 1601 last sell for?
AED 1,396,800 on 16 September 2010, sold by the developer: AED 973 per sqft for 1,435 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 195,000 a year on the contract renewed on 16 October 2026. The previous contract, from October 2025, was AED 195,000; the unit has been rented since April 2012.
How big is unit 1601?
1,435 sqft (133.3 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2007.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 3 (W1) sold for AED 4,500,000 to 4,500,000 in the last 12 months, around AED 3,135 per sqft.
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Mortgage on 1601, The Residences 3 (W1)
Starts from the last sale price (AED 1.4M, 16 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,396,800
- Deposit, UAE resident (20%)
- AED 279,360
- Deposit, non-resident (40%)
- AED 558,720
- Monthly over 25 years at 3.7%
- AED 5,715
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →