2-bed · 1,478 sqftThe Residences 3 (W1), Downtown Dubai · 17th floor · completed 2007

1702, The Residences 3 (W1)

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 3.1M9 June 2019
Current rentAED 220K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Residences 3 (W1)

What is 1702 worth today?

Last sold for AED 3,100,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedNew contract
AED 220,000/yr12 months · AED 149 per sqft
17 Oct 2023RentedNew contract
AED 220,000/yr13 months · AED 149 per sqft
19 Sep 2022RentedRenewal
AED 170,000/yr12 months · AED 115 per sqft
1 Dec 2021RentedRenewal
AED 170,000/yr10 months · AED 115 per sqft
1 Dec 2020RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
1 Dec 2019RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
9 Jun 2019SoldReady
AED 3,100,000AED 2,097 per sqft
12 Nov 2018RentedNew contract
AED 165,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,478 sqft
Floor
17th of 25
Parking
B2-496
Developer
Emaar
Completed
2007
Service charge
AED 31,900 /yr
Last sold
AED 3.1M · June 2019

About 1702, The Residences 3 (W1)

1702 is a two-bedroom apartment of 1,478 sqft on the 17th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 9 June 2019 for AED 3,100,000, or AED 2,097 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 220,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in The Residences 3 (W1)
02.5M5M20082012201620202024Typical sale price by year: 2008 AED 1,336,300; 2009 AED 1,534,800; 2010 AED 1,422,800; 2011 AED 2,300,000; 2012 AED 3,330,000; 2013 AED 4,450,000; 2014 AED 5,950,000; 2015 AED 5,350,000; 2021 AED 3,158,790; 2023 AED 4,300,000Sold by developer, May 2011: AED 1,474,800 (AED 997 per sqft)Sold, May 2011: AED 700,000 (AED 947 per sqft)Sold, June 2019: AED 3,100,000 (AED 2,097 per sqft)

1702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in The Residences 3 (W1)
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 182,500; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 148,000; 2022 AED 165,000; 2023 AED 176,000; 2024 AED 209,723; 2025 AED 220,000; 2026 AED 202,500New contract, November 2018: AED 165,000 a yearNew contract, December 2019: AED 170,000 a yearNew contract, December 2020: AED 170,000 a yearRenewal, December 2021: AED 170,000 a yearRenewal, September 2022: AED 170,000 a yearNew contract, October 2023: AED 220,000 a yearNew contract, November 2025: AED 220,000 a year

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 1702 sits

All 43 2-beds →

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. 1702's AED 220,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20264,500,000
4 Mar 20254,400,000
8 Jan 20255,850,000
8 Oct 20244,950,000
1 2-bed sale 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 17th floor

All 111 units in The Residences 3 (W1)
Value
17012-bedAED 3.45M · Mar 2022
17031-bedAED 771K · May 2011
17041-bedAED 1.28M · May 2019
17051-bedAED 867K · Dec 2011

1702, The Residences 3 (W1) in numbers

  • Sold 3 times: first on 9 May 2011 for AED 700,000, last on 9 June 2019 for AED 3,100,000 (AED 2,097 per sqft).
  • Rented since November 2018 on 7 Ejari contracts, from AED 165,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 31,900 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 1 November 2025.

Questions about 1702, The Residences 3 (W1)

What did unit 1702 last sell for?

AED 3,100,000 on 9 June 2019: AED 2,097 per sqft for 1,478 sqft. The unit has 3 registered sales; the first was AED 700,000 in May 2011.

What is the rent for unit 1702?

AED 220,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2023, was AED 220,000; the unit has been rented since November 2018.

How big is unit 1702?

1,478 sqft (137.3 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower completed in 2007.

What is unit 1702 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.

Selling 1702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1702, The Residences 3 (W1)

Starts from the last sale price (AED 3.1M, 9 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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