1603, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in July 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 1603, The Residences 3 (W1)
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 16th of 25
- Parking
- B2-492
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 767K · July 2010
- Building
- The Residences 3 (W1)
About 1603, The Residences 3 (W1)
1603 is a one-bedroom apartment of 986 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 19 July 2010 for AED 766,800, or AED 777 per sqft, in line with the AED 797 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 December 2025, is AED 101,640 a year: a gross yield of 13.3% on the 2010 price, before the service charge of about AED 21,200 a year.
Sales and rents for 1603 over time
1603 has sold once; 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 1603 sits
All 63 1-beds →1603 last sold in July 2010 at AED 777 per sqft, in line with what one-beds in The Residences 3 (W1) were fetching at the time (AED 797). 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. 1603's AED 101,640 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 16th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,435 sqft | AED 1.4MAED 1,396,800 · Sep 2010September 2010 | 195,000 /yr | |
| 1602 | 2-bed | 1,478 sqft | AED 1.46MAED 1,462,800 · Dec 2012December 2012 | 225,000 /yr | |
| 1604 | 1-bed | 948 sqft | AED 1.95MAED 1,950,000 · Mar 2014March 2014 | 132,000 /yr | |
| 1605 | 1-bed | 1,023 sqft | AED 2.43MAED 2,425,000 · Mar 2015March 2015 |
1603, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 19 July 2010 for AED 766,800, or AED 777 per sqft.
- Rented since May 2012 on 8 Ejari contracts, from AED 80,000 to AED 101,640 a year.
- At AED 101,640 a year the gross yield on the 2010 price is 13.3%, 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 1 December 2025.
Questions about 1603, The Residences 3 (W1)
What did unit 1603 last sell for?
AED 766,800 on 19 July 2010, sold by the developer: AED 777 per sqft for 986 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 101,640 a year on the contract signed on 1 December 2025. The previous contract, from December 2021, was AED 80,000; the unit has been rented since May 2012.
How big is unit 1603?
986 sqft (91.6 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2007.
What is unit 1603 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 1603, The Residences 3 (W1)
Starts from the last sale price (AED 767K, 19 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 766,800
- Deposit, UAE resident (20%)
- AED 153,360
- Deposit, non-resident (40%)
- AED 306,720
- Monthly over 25 years at 3.7%
- AED 3,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →