1704, The Residences 3 (W1)
Sold prices and rental history: sold twice, last in May 2019, 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 1704, The Residences 3 (W1)
What is 1704 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 17th of 25
- Parking
- P-282
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.28M · May 2019
- Building
- The Residences 3 (W1)
About 1704, The Residences 3 (W1)
1704 is a one-bedroom apartment of 948 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 27 May 2019 for AED 1,280,000, or AED 1,350 per sqft, 11% below the AED 1,517 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 July 2025, is AED 110,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 63 1-beds →1704 last sold in May 2019 at AED 1,350 per sqft, 11% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,517). 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. 1704's AED 110,000 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 | |
| 1703 | 1-bed | 986 sqft | AED 771KAED 770,800 · May 2011May 2011 | 127,000 /yr | |
| 1705 | 1-bed | 1,023 sqft | AED 867KAED 866,800 · Dec 2011December 2011 | 90,000 /yr |
1704, The Residences 3 (W1) in numbers
- Sold twice: first on 9 January 2012 for AED 643,565, last on 27 May 2019 for AED 1,280,000 (AED 1,350 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2018 and recovered to AED 110,000 by July 2025.
- At AED 110,000 a year the gross yield on the 2019 price is 8.6%, 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 10 July 2025.
Questions about 1704, The Residences 3 (W1)
What did unit 1704 last sell for?
AED 1,280,000 on 27 May 2019: AED 1,350 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 643,565 in January 2012.
What is the rent for unit 1704?
AED 110,000 a year on the contract signed on 10 July 2025. The previous contract, from July 2025, was AED 110,000; the unit has been rented since November 2013.
How big is unit 1704?
948 sqft (88.1 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2007.
What is unit 1704 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 1704, The Residences 3 (W1)
Starts from the last sale price (AED 1.28M, 27 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →