1703, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, The Residences 3 (W1)
What is 1703 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 17th of 25
- Parking
- P-281
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 771K · May 2011
- Building
- The Residences 3 (W1)
About 1703, The Residences 3 (W1)
1703 is a one-bedroom apartment of 986 sqft on the 17th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 24 May 2011 for AED 770,800, or AED 781 per sqft, in line with the AED 777 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 127,000 a year: a gross yield of 16.5% on the 2011 price, before the service charge of about AED 21,200 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 63 1-beds →1703 last sold in May 2011 at AED 781 per sqft, in line with what one-beds in The Residences 3 (W1) were fetching at the time (AED 777). 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. 1703's AED 127,000 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 17th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,435 sqft | AED 3.45MAED 3,450,000 · Mar 2022March 2022 | 280,000 /yr | |
| 1702 | 2-bed | 1,478 sqft | AED 3.1MAED 3,100,000 · Jun 2019June 2019 | 220,000 /yr | |
| 1704 | 1-bed | 948 sqft | AED 1.28MAED 1,280,000 · May 2019May 2019 | 110,000 /yr | |
| 1705 | 1-bed | 1,023 sqft | AED 867KAED 866,800 · Dec 2011December 2011 | 90,000 /yr |
1703, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 24 May 2011 for AED 770,800, or AED 781 per sqft.
- Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 87,000 in 2020 and recovered to AED 127,000 by November 2025.
- At AED 127,000 a year the gross yield on the 2011 price is 16.5%, 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 25 November 2025.
Questions about 1703, The Residences 3 (W1)
What did unit 1703 last sell for?
AED 770,800 on 24 May 2011, sold by the developer: AED 781 per sqft for 986 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 127,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 127,000; the unit has been rented since March 2014.
How big is unit 1703?
986 sqft (91.6 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2007.
What is unit 1703 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 1703, The Residences 3 (W1)
Starts from the last sale price (AED 771K, 24 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 770,800
- Deposit, UAE resident (20%)
- AED 154,160
- Deposit, non-resident (40%)
- AED 308,320
- Monthly over 25 years at 3.7%
- AED 3,154
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →